The US Department of Energy has awarded USD 15 million to the National Rural Electric Cooperative Association (NRECA) in an effort to help electric cooperatives expand their cybersecurity capabilities for industrial control systems (ICS).
Electric cooperatives can use the funds specifically to find and implement ICS cyber monitoring technologies. The funds will be distributed over three years, with the first USD 10 million being distributed in 2022 and the remaining funds being distributed over the following years. Nearly 900 local electric cooperatives in the US that provide service to 42 million people are represented by NRECA.
Also Read: Reasons why Healthcare IT Infrastructure is a Prime Target of Cybercriminals
Additionally, it has been reported that financially motivated cybercriminals have attacked electric utilities all over the world, including those in the United States and Europe, but these attacks only affected IT systems and not ICS.
Read More: US Electric Cooperatives Awarded $15 Million to Expand ICS Security Capabilities
For more such updates follow us on Google News ITsecuritywire News. Please subscribe to our Newsletter for more updates.
