As cyber security becomes increasingly important in the fabric of American culture and government, more money and research is being put towards securing the smart grid. This so-called smart grid refers to the system that delivers electricity from suppliers to consumers using two-way digital technology. This is modernized electrical system being used to address problems of energy independence, global warming, and emergency resilience issues. Cyber attacks on such a system could cause massive damage and could possibly bring an entire community or nation to its knees. Pike Research recently stated that annual spending on smart grid cybersecurity will more than triple from $1.2 billion to $3.7 billion in 2015.
via Possible Hack Leads to Increased Spending on Smart Grid Power Protection | BrickHouse Security Blog.
Related posts:
- NIST – Smart Grid Cyber Security Requirements
- The DOD Energy Blog: DIACAP a Good Fit for DOD Smart Grid Security?
- How Vulnerable is the Smart Grid? | Security Debrief – a blog of homeland security news and analysis
- Feds Will Spur Smart Grid Cyber-Security Investment Growth to $21 Billion by 2015, Report Claims
- Security News – Smart Grid Cyber Security Market to Reach $3.7 billion by 2015 Says New Report
