Technology requires an interconnected digital world, with complex systems needing consistent internet access. However, this constant connection makes these systems and data susceptible to devastating cyberattacks. A company in Mercy Investment Services’ Environmental Solutions Fund is helping protect critical infrastructure such as renewable energy from cyberattacks.
Cyberattacks on utilities increased by 234% from 2023 to 2024, with an average of more than 1,300 incidents per week. Nozomi Networks’ threat detection and AI-powered analysis protect critical infrastructure including utilities, minimizing risk while improving efficiency, reliability and security for consistent operations. Nozomi serves major clean energy producers and, as of 2024, has protected more than 120 million infrastructure devices. Its customers include a global energy company with 41 million customers across 30 countries and one of the world’s top clean energy producers.
For more than 10 years, Mercy Investment Services’ Environmental Solutions Fund has invested in innovative solutions to the climate crisis including clean tech, water sustainability, solar power and more. Learn more about our approach and investments.