With an advent of IoT (Internet of Things), number of networked devices increases day by day and will reach its peak by the end of 2020. IoT plays an important role in smart automation, medical informatics, computer vision and even in wearable device engineering. Since IoT transfers the huge data from the machine to machines, achieving the compact size, low power and overcoming the security breaches remains the real challenge among the researchers. With the integration of Nanotechnology, IoT has reached its new dimension to meet the above constraints but still requires much more lime light of research. To meet the above criteria, the paper proposes the new algorithm HEENA (Hybrid Energy Efficient Nano Architecture) which uses the memristors based modelling for data encryption process. The proposed system overcomes the existing CMOS /Nano transistor-based modelling and has following contributions 1) Design of memristor based chaotic non -linear system 2) Generation of Initial conditions using ECG waveforms 3) Generation of High complex Cipher Keys using Diffusion process. The test bed has been developed using BCM2578 SoC and the proposed architecture has been evaluated on the above test bed in terms of sensitivity, and entropy Moreover, the energy consumption is calculated at various cases and results shows that the proposed architecture consumes the less power along with the secured data communication.