MIT Sloan cybersecurity consortium get USD3.5m from DOE

The US Department of Energy said it has announced a USD34million initiative to improve the protection of the US electric grid and oil and natural gas infrastructure from cyber threats.

The MIT Sloan School of Management´s Interdisciplinary Consortium for Improving Critical Infrastructure Cybersecurity, (IC)3, directed by Madnick, will receive USD3.5 million from the DOE as part of this initiative.

The DOE funding comes through the MIT Sloan Consortium´s participation in the University of Illinois Cyber Resilient Energy Delivery Consortium (CREDC), which consists of 11 universities and national laboratories. The CREDC undertakes research, development, education, and outreach activities with industry engagement to develop cyber-resilient energy delivery systems.

The consortium seeks to generate research results and take them through to evaluation and deployment of prototypes in industrial settings, with a handoff to the energy sector through licensing, startups, and open-source mechanisms. As part of the DOE´s new initiative, the CREDC was awarded USD22.5 million with an additional USD5.6 million for recipient cost-share. MIT Sloan´s (IC)3 will receive USD3.5 million of that award plus USD1 million for recipient cost-share.