U.S. Offers $25 Million Cybersecurity Grant After Pipe Attacks
(Bloomberg) -- The U.S. wants to fund research targeting better cybersecurity for the nation’s power grid and the oil and natural gas industry, less than a month after web attacks hobbled electronic communications for several pipeline operators.
The agency is making $25 million in grants available for projects that pursue new approaches to making the energy sector more resilient to cyberattacks. The deadline for applications is June 18, according to a statement Monday.
Earlier this month, at least seven U.S. pipeline companies said their electronic communications systems were shut down, with five confirming the disruptions were caused by a web attack. The threat followed a U.S. government warning in March that Russian hackers are conducting an assault on the electric grid and other targets.
In February, Energy Secretary Rick Perry announced the department would use $96 million in funding to create an office to address cyber threats to energy.
“Energy cybersecurity is a national priority that demands the next wave of advanced technologies to create more secure and resilient systems,” Perry said in the statement Monday.
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