This paper proposes a novel Long-range Wide Area Network (LoRaWAN) session key updating scheme to enhance the security of LoRaWAN with cost-effective communication that provides a unique key for each communication session. The scheme consists of three sequential stages, i.e., initialization, keying material preparation, and key updating, on the basis of the truncated Photon-256 algorithm with updatable keying materials. These stages are structured by a set of novel communication protocols. To prove the uniqueness of the key, we validated its sequence bit randomness using the NIST 800-22 and ENT statistical test suites. The validation results show that the key passes all test parameters. Subsequently, the communication protocols were validat...