At innogy Innovation Hub, we believe that the future of energy will look completely different than it does today. As new technologies advance and global trends like decentralisation, democratisation and digitisation take hold, so too will the architecture of the energy system. Billions of interconnected devices and all sorts of microgrids of decenteralised energy producers creates new security risks to the energy system that cannot be protected using traditional measures.
As investors and mentors, we see it critical that we not only build the energy system of the future but protect it too.
That’s why we are excited to introduce our latest addition to the Innovation Hub portfolio, FirstPoint Mobile Guard (FirstPoint), a cellular cybersecurity-as-a-service company. FirstPoint provides network-level protection to cellular devices against all targeted and random hidden cyber-attacks that currently plague security teams around the globe – everything from ISMI catchers (fake cell towers), to malicious SMSs, location trackers, malware and other tactics hackers use to capture private data.
Today, FirstPoint’s technology fills a critical gap in the cybersecurity space; by providing protection to organisations and users at the cellular-level, FirstPoint helps enterprises secure employee devices, business travelers worried about surveillance and eavesdropping, as well as governments and militaries preserve confidential missions and much more.
This is especially important when you consider the future of energy – an infrastructure enabled by decentralised and shared tools such as Internet of Things (IoT) devices, like connected cars, smart utilities and payment terminals.
Unique to their technology is its ability to provide a secure and customisable program with minimal disturbance – if any at all – to the user. Their military-grade cybersecurity-as-a-service mode detects, alerts, protects and deceives threats without any user intervention to install or update software. Organisations can also customise their protection by defining and modifying policies per device – a feature unheard of in other solutions.
Our funding and partnership will help FirstPoint bring their products to market quickly, as well as will help them expand into select international markets and additional use cases. Their mobile phone security solutions will become available in Q3 2019 in select locations and will be offered in partnership with mobile network operators worldwide over the next quarters.