For smart meter PKI security Teleseo relies on the hardware security modules from Securosys

Zurich, 16 November 2018 - With the Act to digitize the energy transformation process (GDEW), Germany is push-ing ahead with the introduction of smart meters as local data and control nodes for a smart energy world. Howev-er, every digital access must be secured accordingly. Established security procedures, which are already being used successfully in online banking, will be used for this purpose. To securely store and manage the corresponding security certificates from the industry-specific public key infrastructure (called Smart Meter PKI), Teleseo uses a hardware security module (HSM) from Securosys.

The new smart meters according to GDEW consist of a Smart Meter Gateway (SMGW) and the actual meters for electricity and other media. The architecture of the overall system was developed by the Federal Office for Securi-ty in Information Technology (BSI). The Smart Meter Gateway stores the measurement data in a calibratable form and functions as a local data and control node. It is based on a Privacy by Design concept and ensures that personal measurement data does not fall into the wrong hands. At the same time, the SMGW offers the possibility to ad-dress customer applications and devices via the public IP network with the same security standard.

Hardware Security Modules (HSM) are suitable for all applications in which sensitive data is transferred or stored. Because of this, hardware security modules fit perfectly into public key environments or support blockchain sys-tems as well as Fintech applications. Securosys' HSM are multifunctional digital key safes that generate, manage and control access to keys.

Securosys SA
Securosys SA is a market leader in cyber security and encryption based in Zurich, Switzerland. Founded in 2014, Securosys secures the Swiss financial markets on behalf of the Swiss National Bank and protects transactions worth over 100 billion euros every day. The company serves more than half of Tier 1 banks worldwide with hardware security modules developed and built in Switzerland.
Management Team: Founder & CTO/CSO Andreas Curiger, Founder & CEO Robert Rogenmoser, VP of Engineer-ing Marcel Dasen, Head of Services & Biz Dev Reto Stäuble, Head of Sales Chris Willemin, Head of Marketing Ger-aldine Critchley

Teleseo
Teleseo develops and sells value-added services in Germany for the measurement and control units required by the Act on the Digitisation of the Energy Transition (Gesetz zur Digitalisierung der Energiewende - GDEW) for con-nection to the energy networks. Another central element offered by Teleseo is the operation of the metering and control unit in accordance with German energy law. Teleseo is only active in Germany. The GDEW-compliant me-tering and control units have mechanisms for maximum data security, which Teleseo successfully markets for vari-ous applications. Teleseo is based in Potsdam, Germany, and was founded in 2015.

Securosys SA
Förrlibuckstrasse 70
8005 Zurich, Switzerland

Further information can be obtained directly from Securosys SA by e-mail at info@securosys.ch or by calling +41 44 552 31 00.

Website: www.securosys.com
Medium: https://medium.com/securosys
Twitter: https://twitter.com/securosys

Further information about the Initial Token Offering from Securosys can be found here:
Website: https://securosys.swiss
Blog: https://medium.com/securosys

Teleseo
Hessestraße 19
14469 Potsdam, Germany
Further information can be obtained by contacting Teleseo by e-mail at vertrieb@teleseo.eu.
Press contact:
Dr. Matthias Baur, Head of Sales and Marketing Teleseo, Managing Director
Email: vertrieb@teleseo.eu

This release was published on openPR.