The Asset to Vendor Network for Power Utilities (A2V) announced the signing of Southern Company, as the group’s first new partner, on Monday.
Founded by Fortress Information Security (Fortress) and American Electric Power (AEP), A2V was created to allow power companies to share vital cyber-threat information and bolster cyber defenses, while sharing critical information to identify, measure and mitigate cybersecurity risk.
Utility companies have invested and built formidable cyber defenses to “wall” off networks and protect from wide-scale attacks to ensure that U.S. customers have reliable and sustainable power. Along with utility protection, the A2V network also focuses on enabling members to have up-to-date risk assessment information on threats.
By taking part in the A2V collaboration, companies can:
- Reduce overall operating and maintenance (O&M) costs associated with cybersecurity compliance.
- Access a substantial library of completed vendor risk assessments.
- Contribute to a national cyber risk assessment library for utilities.
“Utilities have a long history of working together to overcome challenges and securing our mutual supply chain through A2V is just the latest example,” Tom Wilson, vice president and chief information security officer for Southern Company, said.
“The utility industry, like no other, is built on the foundation of collaboration. When faced with a challenge, whether it be a natural disaster or an attack on a power grid, the industry comes together,” said Alex Santos, co-founder and CEO of Fortress. “The A2V Network builds on the industry’s culture of collaboration, enabling it to be more aware, prepared and secure.”