Preparing Utilities for the Fourth Industrial Revolution

In an article for Energy Central, Guidehouse Insights shares how utilities can protect against cybersecurity threats from technology advances

The Fourth Industrial Revolution is underway thanks to advancements in networking technologies. Fiber networks, low power wide area (LPWA) networking technologies, grid edge computing, and more are expected to provide utilities with an affordable path to modernize the grid, but they also introduce new cybersecurity threats. 

In an article for Energy Central, Richelle Elberg, principal research analyst at Guidehouse Insights, explained what a thorough risk management plan should include as utilities transition to a more intelligent grid.

Elberg said that cybersecurity should not be viewed simply as a compliance issue, but as a comprehensive program prepared to manage changing security weaknesses.

“Cybersecurity needs to evolve rapidly—the security of the grid is not a one and done problem.” Elberg added. 

To help utilities, Elberg outlined the minimum steps they should take to safeguard grids from cyber attacks:

  • Develop a comprehensive cybersecurity plan
  • Understand cyber risks to their systems and the corresponding impact to their business
  • Identify active threats and prioritize
  • Develop a cybersecurity architecture/roadmap
  • Develop a resiliency plan
  • Implement the plan fund
  • Monitor and develop active response
  • Be prepared for an intrusion
  • Ensure they develop and implement an employee cyber awareness program
Read the Energy Central Article

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