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Worlds Colliding: Are Commissions Ready?

Worlds Colliding: Are Commissions Ready?. Miles Keogh Director of Grants & Research NARUC MARC Meeting Traverse City, MI June 17, 2009. A Thank-you to the Funder. Today’s session was made possible by the Department of Homeland Security’s Infrastructure Protection Division.

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Worlds Colliding: Are Commissions Ready?

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  1. Worlds Colliding: Are Commissions Ready? Miles Keogh Director of Grants & Research NARUC MARC Meeting Traverse City, MI June 17, 2009

  2. A Thank-you to the Funder • Today’s session was made possible by the Department of Homeland Security’s Infrastructure Protection Division. • Views are not those of the DHS or its members, nor are they NARUC policy.

  3. Source: Journal AWWA, page 92. September 2007.

  4. WORLDS COLLIDING! Electric Networks & Information Networks

  5. In fact, they’ve already begun merging • Old CIP: power system resiliency • New CIP: manage new risks from the merging of info and power systems • The press has caught on, but the sector is already acting • Cybersecurity & NERC CIP Standards • Smart grid development • NIST standards • Designation of a “Cyber Czar”

  6. Understanding Security for the New & Improved System • What are we trying to protect? • What threats do we face? • What are the challenges of instituting cyber security? • Where do the vulnerabilities within the system exist?

  7. Prudent Security Expenses Security has never been inexpensive Security theater is a waste of money Information Management and risk perception remains an unsolved issue Fines and legal fees are not assets People are needed for security, not just technology 8

  8. The most prudent expenditures will meet multiple goals Smart money goes here 9

  9. Today’s speakers: • Dr. Mike Howard, EPRI • Regis Binder, FERC • Annabelle Lee, NIST • Jeff Pillon, MI PSC

  10. Questions for the panel: • What jurisdictional questions does this raise? Are we in a brave new world? • What will the key areas Commissions will need to understand to ask the right questions and make prudent decisions? • What information protection and cost recovery questions remain unanswered? What steps do you see is leading in the direction of answers?

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