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US Electric Cooperatives Awarded $15 Million to Expand ICS Security Capabilities

US Electric Cooperatives Awarded $15 Million to Expand ICS Security Capabilities

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US Electrical Cooperatives Awarded $15 Million to Develop ICS Safety Capabilities

By Eduard Kovacs on November 02, 2022


The US Division of Power has awarded $15 million to the Nationwide Rural Electrical Cooperative Affiliation (NRECA) in an effort to assist electrical cooperatives broaden their cybersecurity capabilities for industrial management methods (ICS).

Particularly, electrical cooperatives can use the cash to determine and deploy cyber monitoring applied sciences for ICS. The cash will likely be awarded over a interval of three years, with $10 million disbursed in 2022 and the remaining quantity over the subsequent years.

NRECA represents practically 900 native electrical cooperatives in the US, serving a mixed 42 million People.

“As threats and risk actors evolve, electrical cooperatives persistently work to enhance their cyber defenses. Funding like this helps co-ops keep forward of the curve,” mentioned NRECA CEO Jim Matheson. “Our longstanding partnership with DOE makes the electrical grid extra resilient, dependable and safe.

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Essentially the most well-known cyberattacks geared toward power suppliers had been seen in Ukraine, the place refined risk actors used complicated malware and different methods to focus on ICS and trigger — or try to trigger — disruption and harm.

As well as, profit-driven cybercriminals have been recognized to focus on electrical utilities world wide, together with in the US and Europe, however these assaults focused IT methods and didn’t influence ICS.

Associated: Home Passes Cybersecurity Payments Specializing in Power Sector, Data Sharing

Associated: Area Title Safety Uncared for by U.S. Power Corporations

Associated: North Korea’s Lazarus Targets Power Corporations With Three RATs

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