2014

Cybersecurity Major Concern for Utilities, New Survey by Zpryme Smart Grid Insights Reports New INFOgraphic by Zpryme reveals that only four percent of executives surveyed believe electrical networks in the U.S., are "very secure."

AUSTIN, Texas, Dec. 14, 2012 /PRNewswire-iReach/ -- As shown in a new Zpryme INFOgraphic commissioned by critical infrastructure security company ViaSat Inc. (Nasdaq: VSAT), a survey of 213 utility and Smart Grid professionals reveals that 65 percent of executives believe that utilities will "increase investment" in cybersecurity for 2013, while the same group believes that the technology most vulnerable to cyber attacks will be "operations and information technologies."

The findings shown in the 2012 Utility Cybersecurity Survey released today confirm that overall utilities and Smart Grid vendors must be cognizant of all levels of the electrical grid framework, from current infrastructure design through smart meter rollout, upkeep, and disposition. The grid systems for critical applications must withstand cybersecurity incidents with zero loss of critical function.

The survey findings also indicate that when asked how secure electrical networks are in the U.S., only four percent said "very secure", while the rest cited "somewhat secure" (43%), "somewhat insecure" (39%), and "very insecure" (15%). More notably, 73% of the executives surveyed feel that the recently rejected Cybersecurity Act of 2012 was an important piece of legislation and greatly needed by the electricity industry. 

"The survey finding that cybersecurity has become a serious focal point by utilities is not a surprise – a synchronized public-private response to cybersecurity through new technologies is needed," explains Brett Luedde, Director of Global Energy Delivery Systems, ViaSat. "An important component to addressing a cyber attack is the utility's ability to detect and respond to an event in a timely manner. ViaSat's cybersecurity control system defends against attacks to utility energy delivery systems and smart grids, addressing both internal and external threats to the operations network."

"Based on the survey, with almost seven out of ten respondents indicating that utilities will increase cybersecurity investment in 2013, utility managers that work closely with existing critical systems and networks need to look for real-world turnkey options,"  said Jason S. Rodriguez, CEO & Director of Research, Zpryme. "As the energy industry continues to evolve at a record rate, ViaSat is a perfect example of a company serving to safeguard the grid, networks, and systems that power-up our daily lives."

Download the new INFOgraphic, 2012 Utility Cybersecurity Survey, at: www.smartgridresearch.org

*Survey results may not add up to 100% due to rounding.

About Zpryme (www.zpryme.com)

Zpryme-powered Smart Grid Insight Practice helps organizations understand their business environment, engage consumers, inspire innovation, and take action. This practice represents an evolution beyond traditional market research and consulting: combining sound fundamentals, innovative tools and methodologies, industry experience, and creative marketing savvy to supercharge clients' success. At Zpryme, we don't produce tables and charts; we deliver opportunity-focused, actionable insight that is both engaging and easy-to-digest.

For more information about Zpryme custom research or marketing options such as sponsored-white papers or INFOgraphics, please visit www.zpryme.com.  Conversely, learn more at Zpryme Smart Grid Insights, www.smartgridresearch.org or email us directly at smart.grid@zpryme.com, subject line: "SGI Inquiry."

About ViaSat (www.viasat.com)

ViaSat delivers fast, secure communications, Internet, and network access to virtually any location for consumers, governments, enterprise, and the military. The company offers fixed and mobile satellite network services including Exede® by ViaSat, which features ViaSat-1, the world's highest capacity satellite; service to more than 1,750 mobile platforms, including Yonder® Ku-band mobile Internet; satellite broadband networking systems; and network-centric military communication systems and cybersecurity products for the U.S. and allied governments. ViaSat also offers communication system design and a number of complementary products and technologies. Based in Carlsbad, California, ViaSat has established a number of locations worldwide for customer service, network operations, and technology development.

For more information about ViaSat, please visit: www.viasat.com/critical-infrastructure-security

Media Contact: Brett Luedde ViaSat, +1 760-893-3749, Brett.Luedde@viasat.com

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Zpryme



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