What’s the Price Tag for Smart Grid Security?

Growing interest in smart grid deployments worldwide will motivate various market segments to spend $6.5 billion globally on securing them between 2010 and 2015, according to a research firm.

The estimate came in Pike Research’s newest smart grid cyber-security report issued this month, the executive summary of which is currently available for free download http://www.pikeresearch.com/newsroom/secure-communications-and-computer-operations-to-represent-the-largest-investment-in-smart-grid-cyber-security . In a previous report http://www.pikeresearch.com/newsroom/utilities-to-invest-21-billion-in-smart-grid-cyber-security-by-2015 , Pike claimed that worldwide cyber-security investment by utilities on the smart grid would grow to $21 billion by 2015. That figure has been lowered significantly in the company’s most recent update on the subject.

By Hilton Collins

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