The Global Smart Grid Cyber Security Market is a highly fragmented one with various vendors providing services to power utilities.
Some major vendors within the IT Security division, such as Symantec and IOActive, provide specialized and highly sophisticated security products. Also, the market is characterized by the presence of diversified international, regional, and local vendors. In developed and developing countries, local or regional vendors continue to dominate the market, thereby triggering an increase in competition.
The Global Smart Grid Cyber Security Market is expected to witness steady growth in the future because of an increased need to avoid cyber threats in smart grids. It is also expected that an increase in usage of various applications would boost the growth of the market significantly during the forecast period. This, in turn, would drive competition in the market.
TechNavio analysts have identified the top 18 companies providing smart grid cyber security solutions that are expected to help fuel market growth at a CAGR of 9.7 percent for the 2013-2018 period.
BAE Systems plc
“We provide advanced monitoring as a product and as a 24/7 managed service. Our CyberReveal big data analytics and investigation platform detects suspicious activity – much of which by-passes traditional IT security approaches – while maximising the efficiency of security operations.
Our consulting services help clients to prepare for cyber attacks by understanding and managing cyber exposure, enabling them to make informed investment decisions and to put pragmatic, cost-effective protection in place.”
“IBM has helped to evolve Internet security technologies, architectural frameworks and secure networks for high-risk industries such as banking and government, to the point where they can contribute much to keeping a smart grid secure.
Securing the smart grid is about "managing a continuum of risk" across all of the components of the grid, from the central power station through the network of substations down to the house meter. "It's about more than locking down data or access behind a firewall, which is simplistic," says Jeffrey Katz, chief technology officer for IBM's energy and utilities business.”
“As a recognized provider of independent cyber security testing and research, IOActive is uniquely positioned to help the utility sector meet these requirements. Our cutting-edge research is uncovering the nature and scope of multiple Smart Meter vulnerabilities and enabling us to develop the appropriate security protocols and actionable remediation strategies. IOActive's expertise in this area can help you protect your company's assets by avoiding costly outages and maintaining regulatory compliance.”
Lockheed Martin Corp.
“At Lockheed Martin, cyber security is more than a core competency - it’s a way of life. We integrate security into everything we do. As utilities continue to evolve at an unprecedented rate, Lockheed Martin is helping to protect the grid, networks and systems that power our daily lives.
The critical systems and networks that Lockheed Martin designs for its government customers, as well as our own, come under attack every day by talented, persistent, and hostile individuals and organizations. And every day, we continue to safeguard some of the most sensitive information and mission-critical systems in the world.”
“Symantec addresses the need for an end-to-end security proposition for the entire Smart Grid. This accelerates the realization of Smart Grids promise of manageable, multi sourced, and lower cost energy.
Communications Service Providers are ideally positioned to become a strong Smart Grid partners of the utilities in many ways. By integrating Symantec security solutions like device authentication for Smart Meters or Managed Security Services for the IP networks, they provide additional value added services on top of the pure connectivity with fixed or M2M networks.”
“Cisco has developed a set of grid security solutions that provide a secure communications platform for both business and control operations in support of generation networks, including bulk generation plants and renewable plant networks, as well as transmission and distribution networks supporting control centers, substations, and neighborhood area networks.
This includes extending IT security to control centers and data centers that host critical operational applications, systems, and data while simultaneously complying with regulatory requirements.”
“McAfee DeepSAFE technology was jointly developed from McAfee and Intel, enabling McAfee to build hardware-assisted security products that take advantage of a deeper security footprint. McAfee DeepSAFE technology sits beyond the operating system and close to the silicon, allowing McAfee products to gain an additional vantage point in the computing stack to better protect systems.
Unlike traditional security solutions, McAfee DeepSAFE technology operates beyond the operating system to provide real-time kernel monitoring to detect and block advanced, hidden threats, such as stealth rootkits and APTs.”
“The AlertEnterprise Smart Grid Security Solution is software that works with existing enterprise applications, operational systems, control systems and physical access control systems to deliver a total security application for the smart grid.
With AlertEnterprise organizations spanning the entire energy value chain can protect privileged access and data from smart meters, gateways and aggregated meter data; monitor physical access to cyber assets; critical assets and facilities; protect power industry specific applications like DMS, EMS and EAM; as well as real-time control applications like SCADA and DCS.”
“AlienVault is the leading provider of Unified Security Management and crowd-sourced threat intelligence. Our products are designed and priced to ensure that mid-market organizations can effectively defend themselves against today’s advanced threats.
By building the best open source security tools into one Unified Security Management platform, and then powering the platform with up-to-the-minute threat intelligence from AlienVault Labs and our Open Threat Exchange—the world’s largest crowd-sourced collaborative threat exchange—AlienVault provides its customers with a unified, simple and affordable solution for threat detection and compliance management.”
Black and Veatch
“Black & Veatch works collaboratively with utilities to deliver consulting and implementation services that help you select and maximize the benefits from continuously evolving smart grid technologies. Our hands-on experience across all phases of the smart grid life cycle — from strategy and visioning through planning, design, procurement, deployment and benefits realization — allows us to consistently deliver customer-focused results.
Black & Veatch’s Integrated Business Process ModelTM (IBPM) serves as a reference model to guide the development of smart grid solutions. Leveraging IBPM, we tailor our service offerings to your unique business needs, delivering projects that meet your time line, budget and project requirements.”
“Elster is one of the world’s largest electricity, gas and water measurement and control providers. Its offerings include distribution monitoring and control, advanced smart metering, demand response, networking and software solutions, and numerous related communications and services – key components for enabling consumer choice, operational efficiency and conservation. Its products and solutions are widely used by utilities in the traditional and emerging Smart markets."
“Entergy Corporation is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, including more than 10,000 megawatts of nuclear power, making it one of the nation’s leading nuclear generators.
Entergy delivers electricity to 2.8 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $11 billion and approximately 14,000 employees.”
“In a Smart Grid, end-point network devices don’t just gather data; they communicate vital information to provide a deeper understanding about supply and demand. Educate consumers and operate your business more efficiently while flattening the demand curve
HP experts tailor your business and systems transition to support Smart Grid goals and IT project objectives. We reduce risk and complexity of Smart Grid initiatives and integrate all aspects of the Smart Grid into your environment.”
“N-Dimension Solutions Inc. provides cyber-security protection for critical infrastructure assets including: generating plants, control centers, substations, field control systems, SCADA systems and smart meter networks. Our solution protects enterprise and operational technology from cyber-attacks by providing a comprehensive, defense-in-depth solution that all critical infrastructure operators can afford.
As operational technology experts, N-Dimension picks up where most cyber-security solutions leave off – at the vulnerable interconnections between information technology systems and the critical infrastructure assets. Only N-Dimension offers a complete solution for critical infrastructure operators with benefits of reliability, revenue assurance, and risk mitigation.”
“Siemens recognizes that Smart Grid is about the big picture of improved energy delivery, informed consumption and reduced environmental impact. We are proud to be the only company that offers a complete spectrum of products, solutions and services for the protection, automation, planning, monitoring and diagnosis of grid infrastructure, including products, complete solutions and services for rail electrification.
Siemens is bringing to market Smart Grid solutions that can evolve over time, are scalable and are compliant with industry standards for interoperability and security. We are making the Smart Grid a reality by partnering with utilities and cities to implement their Smart Grid visions.”
“IT security products have become as complex as the networks they’re trying to secure. At Sophos we know that the solution to complexity is not more complexity. We tackle security challenges with clarity and confidence, knowing that simple security is better security.
Our products allow you to secure every end point of your network, from laptops to virtual desktops and servers, to web and email traffic and mobile devices. What’s more, securing these devices is made possible through products that fit your precise needs. We ensure your network’s security by providing the one thing no one else can: Simplicity.”
“Sourcefire can help companies and organizations protect their PCN/SCADA, smart grid, and internal corporate networks from disgruntled employees, industrial saboteurs, and terrorists. Sourcefire cybersecurity solutions can passively detect environmental changes in real time, provide network intrusion detection and prevention services using Snort®-based or custom rules, provide automated intrusion detection system (IDS) and intrusion prevention system (IPS) tuning and prioritized intrusion alerts, quickly link user identity to security and compliance events, and enable compliance monitoring and enforcement.”
“The cybersecurity platform for smart grid operational systems enables legacy and new intelligent devices to work seamlessly together so you can take full advantage of operational efficiency improvements based on new technology without compromising security.
True multi-vendor interoperability allows the platform to integrate into any network and with additional systems such as physical security, physical access control, and user access control to make grid operations more resilient and reliable.”
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