From: Utility Dive
Dive Brief:
- Cybersecurity is moving up the ranks of utility industry concerns and now polls fourth, up from sixth, Black & Veatch said in its annual survey of the electric industry’s strategic direction.
- The increased focus follows decisions last year by federal regulators to bulk up physical as well as virtual security of the nation’s power grid.
- While utility spending on security has typically lagged behind reliability and carbon control, new threats and a regulatory focus on grid defense could begin to drive additional investment.
Dive Insight:
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