Investment in security for smart electrical-grid systems will grow tremendously over the next five years, according to a report released Wednesday by Pike Research.
With the U.S. electrical grid--and other national grids worldwide--poised to become smart systems with integrated communications, the possible threat of sabotage has become an obvious concern. To that end, the U.S. government has set aside funding to develop security protocols. Others are following suit.
Between 2010 and 2015, the report predicts, about 15 percent of all smart grid investments will be spent on cybersecurity. This will represent a total global investment of $21 billion … Read more