Utilities Tech Outlook Weekly Brief
Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Utilities Tech Outlook
Utilities can address the cyber-risks linked with smart grids via security preparedness along with organization-level awareness over possible vulnerabilities.
FREMONT, CA: In the past few years, smart grids have emerged as a promising technology enabling two-way communications between consumers and providers over the network. The smart grid offers several benefits to utilities, mainly due to its interconnected nature. However, the same interconnectedness is also responsible for certain risks that can severely affect the operations throughout the grid network. The recent growth in the number of cyberattacks is among the primary threat for the smart grid networks. Apart from huge monetary losses, such attacks will impact almost anything that relies on electricity functioning. Thus, utilities must prepare themselves against any such potential attack. Here are some of the ways in which utilities can safeguard themselves against cyberattacks.
Balancing Priorities and Securing Grid Infrastructure
While utilities are focusing on innovation, efficiency, and agility, they must not forget the essence of safety, resiliency, and security. Utilities need to develop an alternative grid monitoring infrastructure that can immediately identify any possible intrusion. The capability to detect threats will lace the utilities with sufficient time to thwart the attempt of the attackers.
Incorporating Internal Risk Management
Utilities must ensure proactive safeguards as well as develop internal risk management capabilities concerning smart grids. A transparent system that includes top-level accountability and information sharing will enable the leaders to look into any vulnerable cause immediately. Data-driven automated systems will be crucial incorporation for the above cause.
Check Out This : Smart Grid
Developing an Organization-Level Awareness
Apart from technological preparedness, it is also essential for the firms to ensure that their workforce is skilled enough to face any potential attacks. For instance, skill deficits, talent shortages, and lack of employee engagement significantly enhance the cyber risk threat for an organization.
See Also :- Top Utilities Tech Solution Companies
