Report: Billions for Securing the Smart Grid
There have been numerous reports on lost of spending on cybersecurity. All those IT initiatives the White House is pushing require secure pathways and storage -- including the smart grid. According to a recently released <a href="http://www.pikeresearch.com/newsroom/smart-grid-cyber-security-market-to-reach-3-7-billion-by-2015">report from Pike Research</a>, a market research and consulting firm for green technology, the market for securing the smart grid will top $3.7 billion by 2015, or about 15 percent of total smart grid capital investment during the next five years.
There have been numerous reports on lost of spending on cybersecurity. All those IT initiatives the White House is pushing require secure pathways and storage -- including the smart grid. According to a recently released report from Pike Research, a market research and consulting firm for green technology, the market for securing the smart grid will top $3.7 billion by 2015, or about 15 percent of total smart grid capital investment during the next five years.