Security News > 2023 > January > 3 ways to stop cybersecurity concerns from hindering utility infrastructure modernization efforts

3 ways to stop cybersecurity concerns from hindering utility infrastructure modernization efforts
2023-01-31 04:50

Utility infrastructure is in dire need of modernization.

Integrating real-time data analytics into the decision-making process is one way to kick start modernization efforts, yet nearly one in five utilities are not making use of the tools they have due to security and data privacy concerns, according to Itron's 2022 Resourcefulness Report.

To meet the demands of customers while also prioritizing security and privacy considerations, utility companies need to pursue a holistic security program that encompasses both operational technology systems as well as those that store and service customer data.

To meet the demands of consumers, utilities cannot allow broader OT security concerns to slow down deployment of data analytics tools - so what steps can utility companies take to mitigate these concerns and protect consumer privacy?

The Infrastructure Investment and Jobs Act included significant funding for cybersecurity efforts - a big win for US utilities.

Once cybersecurity concerns are addressed and utilities embrace the power of real-time data analytics, critical infrastructure will become more reliable and resilient.


News URL

https://www.helpnetsecurity.com/2023/01/31/cybersecurity-concerns-utility-infrastructure-modernization-efforts/