A recent Pike Research blog post discusses the first Smart Grid Cyber Security Summit in San Jose, CA as well as the major market opportunities in the smart meter security sector. As posted on Pike Research,
After listening to some of the expert presentations...[t]he refrain was consistent: the current grid, with its hodgepodge industrial control system (ICS) technologies, is highly vulnerable to a cyber attack that could destroy critical generation and T&D assets. Resulting outages could last for weeks, causing economic devastation. Smart grid integration could make it worse. Utility IT staffs with some security knowledge don’t understand ICS, and operations groups that do don’t trust, or even like, the IT groups. Nationally, very few experts (perhaps tens to low hundreds) understand enough ICS and IT to be useful.
However, according to Pike Research, the silver lining is that progress is being made in prioritizing security for the next-generation smart grid, with increased R&D from smart meter vendors as well as support from Congress.
Additionally, Pike Research points out the tremendous market opportunity in the smart meter security sector, forecasting revenue of upwards of $3.00 per meter over the next five years.Read More
Whether you're new to the smart grid concept, a developer looking for technical documentation, or involved in any aspect of planning for the grid, there is now a central online resource for information on all things "smart grid". The Smart Grid Information Clearinghouse (SGIC) will officially go live in Fall 2010, but for the time being it's available publicly in beta form:Read More
Much of the latest smart grid and AMI technology relies on the open ANSI C12.22/IEEE1703 standard for the transport of meter data over networks. And this specification relies on a security mechanism called EAX', a modification of the EAX mode cryptography scheme.Read More
CNET News has published a comprehensive report on the state of smart grid security. In it, they detail the growing concerns among security experts that smart meter technology is being rapidly expanded around the world without the built-in security considerations necessary to protect the utility infrastructure -- and the people connected to it -- from serious cyber-crime.Read More