Transcript NARUC Worlds Colliding: Are Commissions Ready? Miles Keogh

NARUC
Worlds Colliding:
Are Commissions Ready?
Miles Keogh
Director of Grants & Research
NARUC
MARC Meeting
Traverse City, MI
June 17, 2009
NARUC
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.
Source: Journal AWWA, page 92. September 2007.
WORLDS COLLIDING!
Electric Networks & Information Networks
In fact, they’ve already
begun merging
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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”
Understanding Security for
the New & Improved System
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What are we trying to protect?
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What threats do we face?
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What are the challenges of
instituting cyber security?
Where do the vulnerabilities within
the system exist?
Prudent Security
Expenses
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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
The most prudent expenditures
will meet multiple goals
Smart money
goes here
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Today’s speakers:
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Dr. Mike Howard, EPRI
Regis Binder, FERC
Annabelle Lee, NIST
Jeff Pillon, MI PSC
Questions for the panel:
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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?