Annual spending on cybersecurity by electric utilities will triple by 2015, driven by investment in equipment protection and configuration management, report says.
By Elizabeth MontalbanoInformationWeek
Utility companies will invest more than $21 billion on cybersecurity over the next five years to protect the world's electrical grids, according to a new report.
With cybersecurity a top priority for the United States and other governments, more money is going into protecting the so-called smart grid, according to Pike Research. The firm forecasts that annual spending on smart grid cybersecurity will more than triple from $1.2 billion last year to $3.7 billion in 2015.
No comments:
Post a Comment