Nova Scotia Power asks regulator to approve $6.8M for cybersecurity upgrades
Nova Scotia Power is taking proactive steps to enhance its cybersecurity measures by requesting $6.8 million from the province’s utility regulator for upgrades. The specific details of how the funds will be utilized are redacted in the utility’s request to the Nova Scotia Utility and Review Board.
The plan includes cybersecurity upgrades at 12 undisclosed sites, with a focus on preventative measures. Despite not experiencing cyberattacks thus far, Nova Scotia Power recognizes the potential risks faced by utilities and essential services globally. The Canadian Centre for Cyber Security’s annual threat assessment highlights the interconnected nature of power grids, emphasizing the ripple effects that disruptions elsewhere could have in Nova Scotia.
The threat landscape is evolving, with countries like Russia, China, and Iran investing heavily in sophisticated cyberattacks. This growing complexity was evident in a past incident where Russian hackers targeted the health-care system in Newfoundland and Labrador.
Nova Scotia Power’s proposal allocates a portion of the requested funds for cybersecurity upgrades in 2023 and 2024, with the majority earmarked for immediate enhancements. Stakeholders have the opportunity to provide input on the proposal by submitting written comments to the UARB by May 14.
As cybersecurity threats continue to evolve, Nova Scotia Power’s initiative underscores the importance of proactive measures to safeguard critical infrastructure. Through ongoing investments and collaboration with regulatory bodies, the utility aims to enhance its resilience against potential cyber threats.
