Utilities ill-equipped to face increasingly disparate cybersecurity threat

All utilities organizations surveyed in the latest EY Power and Utilities Global Information Security Survey 2017-18 (GISS): Why wait for a cyber catastrophe to prepare for a cyber attack?, say that their cybersecurity function does not meet their needs. The survey also finds that 58% of sector respondents anticipate difficulties in monitoring the perimeter of their digital ecosystem, compared with 36% across all sectors.

With the sector moving through radical transformation, it is becoming more challenging for utilities to map the digital environment in which they operate. The report highlights that an increasingly fragmented energy value chain, together with the rise of microgrids and distributed energy resources, make it difficult to understand and manage risk.

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Source: Power