(PRWEB) April 12, 2011
In September some of the top officials and subject matter experts from key government agencies including the Department of Energy, Department of Homeland Security, FERC and NESCO will be joining with influential utilities like Southern Company, DTE energy, Seattle City Light, SRP AND SDG&E at the Cyber Security for Energy Delivery Conference. The meeting brings together influential figures from the public and private sector to discuss the latest initiatives, best practices and case studies to ensure the security of the nation’s power grid.
The past few years have seen land mark changes to the power grid; from the implementation of smart grid technology, to the game changing power of Stuxnet. All of these showing the growing need for the implementation of proven cyber security solutions. On top of these challenges there is the requirement to comply with NERC CIP regulations which present the real possibility for $million a day fines. This highlights the importance of sharing best practice solutions across the public and private sector with the aim of securing critical national infrastructure
A report earlier this year by the U.S. Government Accountability Office determined that the rapid adoption of smart-grid technology is leaving the U.S. vulnerable to cyber attacks. The GAO report highlighted the need to address the nation’s fragmented regulatory environment, and improve cyber security planning. With countless bills in congress regarding security of the bulk electric grid this industry is growing in size and importance. The bills propose real change, for instance the recent bill proposed by Joe Lieberman which aims to classify utility companies as critical infrastructure placing them under the regulatory supervision of the Homeland Security Department. In this time of change it is crucial for collaboration and sharing to help guide energy infrastructure through these challenging times of economic, regulatory and technological change.
The ubiquitous roll out of smart grid technology and intelligent devices has the real potential for the communication infrastructure needed to support this to be on a scale greater than the internet. This clearly demonstrates the magnitude of investment opportunities but also the security challenges that lie ahead. By 2015 the security sector of the energy industry will top $1.5 billion revenue in North America making this the perfect time to invest.
With the introduction of NERC CIP regulations and the real potential of $million a day fines this has become an issue not solely of security but of compliance. These regulations are set to change greatly over the next 12 months. The introduction of a clear bright line defining critical infrastructure will see the number of assets falling into this category sky rocket. This is going to be a time of great confusion where the platform to share best practice from those who are already dealing with these challenges could prove indispensible.
No one wants to be the weak link in the power grid but maintaining security and compliance in a rapidly evolving industry is costly, time consuming and technically challenging. In order to overcome these issues it is essential that the public and private sector work together to build clear strategies based on best practice and forward planning.
The Cyber Security for Energy Delivery Conference will supply the critical intelligence and tools needed to build a cost effective, time efficient cyber security strategy. Insight delivered by the best in the industry will ensure participants take away key lessons and tried and tested action plans to implement and mitigate risk, saving millions in compliance and reliability.
The conference is being held at the Crowne Plaza, San Jose – Downtown, September 27th 28th.
For the full speaker line up and extensive agenda visit http://www.eyeforenergy.com/cyber/download-brochure.shtml
For more information
Phone: 0044 207 375 7537