Nerc In The Ics Security Market

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A lot of these trepidations have been overcome out of necessity because cybersecurity threats are experienced universally, all around the world. Ultimately, global information sharing is essential. Still, some feel it’s highly unlikely that overseas vendors will be able to infiltrate the U.S. market. The industry is entrenched and business relationships are long-standing. The energy grid operates on a level of comfort and trust. It would take a third party from an overseas country with unique technologies and capabilities to ingratiate itself in the North American energy market and find favor there.

Israel has created a strong niche and market positioning in Cyber Security. The country has invested heavily in launching new startups and building talented Cyber Security professionals. The country russia phone numbers hosts a major global Cyber Security conference every year, and has built a community of “Friendly Hackers” who identify bugs and are compensated by “Bug Bounties.”




As critical industrial infrastructure continues to be threatened by Flame, Stuxnet, Night Dragon, and Duqu attacks, the ICS security market will continue to expand. TechNavio’s analysts forecast the Global Industrial Control Systems market will grow at a CAGR of 8.15 percent during the period NERC continues to have a huge footprint in the industry with over 50,000 substations and several hundred utility companies. In the western US, NERC has almost 500 registered utilities that adhere to NERC standards.