The grid is getting smarter and more vulnerable. While innovative technologies improve service and reliability, they also create weak points. Even with traditional cybersecurity tools, problems persist, and we at Guardtime believe there is a lack of cost effective and purpose-built tools for securing, tracking and managing energy grid infrastructure.

Organized by the Smart Grid Observer, the Utility Cyber Security Forum 2019 was a one-day, in-depth information sharing program intended for cybersecurity utility executives, strategists and practitioners.

Randy spoke on the topic of “Guardtime’s KSI platform and the US Department of Energy" , including lessons learned and next steps for GridAware, Guardtime's cybersecurity product for the utility industry. Other speakers included Robin Berthier, Co-Founder and CEO of Network Perception; Russ Rogers, Senior Consultant and Lead, Incident Response Team at Microsoft; avid Batz, Senior Director, Cyber & Infrastructure Security from the Edison Electric Institute; Paul Feldman, Past Chairman of the Midcontinent ISO (MISO) and Former Board Director, Western Electricity Coordinating Council (WECC); and Harry Perper, Chief Engineer of The MITRE Corporation and many others.

Randy Bishop commented after the meeting:

According to recent analysis by our strategic partners at KPMG, about half (49%) of power and utility CEOs say that becoming a victim of a cyber attack is now a case of 'when', and not 'if'. Despite this, only half of them believe their organizations are well-prepared for an attack. Also, according to the US DHS Industrial Control Systems CERT, 32% of reported cybersecurity incidents are related to the energy industry. I believe that leveraging our successful project with DOE PNNL, we can help the energy utility industry ensure their networks and critical control infrastructure are positioned to detect and prevent significant attack events."