GridCOM wins grant to protect power grid against cyber attacks

Cybersecurity company GridCOM Technologies, won a grant from the state of California to help protect the country's power grid from the growing threat of cyber attack.

GridCOM will receive $95,000, the maximum amount available, under the California Energy Commission's Public Interest Energy Research (PIER) program, specifically the Energy Innovations Small Grant (EISG) program. It brings GridCOM's total financial raise to $1.2 million in working capital, which will support development and testing of a prototype system before the end of 2014.

With cyber attacks growing in number and sophistication daily, leading government, industry and cyber experts agree that a successful attack on the electrical grid is only a matter of time and would most likely be overwhelming.

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