Welcome to Black & Veatch’s 2014 Strategic Directions: U.S. Electric Industry report. Now in its eighth year, the report has historically represented the electric utility industry’s sentiment about current events and trends affecting the way it does business. This year, in addition to capturing data about top of mind issues, the report looks ahead.
Technology has changed the nature of our critical power and data infrastructure. Transformative technologies such as automated metering and advanced smart grid tools, as well as new or expanded connections between existing transformers, utility automation, and supervisory control and data acquisition (SCADA) systems require utilities to harden complex and increasingly vulnerable networks. For proof, one need look no further than the rapid rise of cybersecurity to number four among the Top 10 industry issues from a number six ranking in 2013.
2015 Energy Industry Cybersecurity Report
Strategic Cybersecurity: A Toolkit for Prioritizing, Coordinating, and Transforming Your Cybersecurity Program