By the Blouin News Technology staff

As smart grids proliferate, security needs grow

by in Green Tech.

(Source: Sarah Murray/flickr)

(Source: Sarah Murray/flickr)

While concerns over global cyber security run far and wide across the gamut of the tech world, a sector that is largely undiscussed is the smart grid. The security of a smart grid is crucial to the security of whole urban systems, often ones that have impacts on regions outside city centers. And as the smart grid data analytics market is set to build out significantly over the next decade, it’s worth looking at the potential for cyber attacks and how to prevent them to ensure the uptime of whole regional electrical grids.

Smart grid data analytics refers to analyzing huge volumes of data generated from the smart grid network. As smart grid build-out increases around the world, the ability to analyze the data from the grids increases as well, including the ability to analyze consumer behavior, energy consumption, and other components. Credence Research recently published figures that show that the global smart grid data analytics market was valued at $1,453.9 million in 2014 and is estimated to expand with a compound annual growth rate of 15.9% from 2015 to 2022…

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