The increased digitalization of the Cyber-Resilient electricity because the pandemic has highlighted systemic weaknesses. Then, the effects may be global and highly disruptive until they are approached holistically.
Here’s how organizations will start to work together to build a more cyber-resilient electricity ecosystem fit for this new era.
The COVID-19 crisis had a dramatic effect on our society and has strenthend our reliance on a stable internet and electricity infrastructure.
Threats and challenges
Power systems, industries and social health are at risk from cyberattacks on vital energy resources. Therefore, the loss of power across a large region produce severe impacts for businesses, governments and wider societies.
Traditionally, managing the possibility of a major loss in the energy industry meant solving with issues via comprehensive mitigation and recovery plans.
Fostering a Cyber-Resilient electricity culture in the electricity ecosystem
Since 2018, Electricity community was assisted by more than 70 executives from electronics manufacturers, government entities and academic institutions. However, it has been concentrate on improving the cyber resilience of critical infrastructure.
These guideline aimed to help boards shape a responsible course of action
Understanding the multi-faceted and complex supply chain of actors. Then, overseeing risks related to legacy and modern technologies with increasing complexity. To follow a holistic and systemic approach to cyber-risks and a deeply integrated network surrounding IT and OT ecosystems.
Aligning regulatory guidance and practices globally
Regulation is commonly recognized across many sectors as an effecient tool for aligning and improving business practices. In addition, regulation in the electricity sector has predominantly concentrated on safety. Recent technological advanced, including the move into the smart grid and evolving cyber-risk environment. Therefore, in order to defend against large-scale disruption.
Furthermore, policymakers, regulators and electricity providers should work together to develop a base-level alignment. While ensuring the flexibility to adapt their regulations to reflect their special needs and national interests.
A common product certification technique to assist utilities in protecting their supply chains, with restricted and unique use cases. After that, improved collaboration through government, business and supply chains with contributing to regulatory and information-sharing.
Securing the supply and value chains
Digitalization, decentralisation and globalisation are increasingly the reach of attacks. Furthermore, there are more ties to the electricity ecosystem than ever, from wired equipment to emerging industry entrants and multinationals working across borders.
Third parties and components present risks in the supply chain and it is the responsibility of organisations to ensure the safety of the components and resources is installed.
As digital products become more common, the growing uncertainty of the supply and value chains poses a mojor challenges to the electricity ecosystem. Therefore, the traditional approach to protecting the supply chain works under assumption that the threat is greatest at the manufacturing stage.
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