McAfee/NitroSecurity, Industrial Defender Score Highest in New Pike Research Assessment of Smart Grid Cyber Security Governance and Compliance Providers

March 1, 2012

Governance, risk management, and compliance (GRC) may be the least glamorous discipline of cyber security.  Not many security developers yearn to spend months designing a security policy repository when they could be researching new encryption algorithms.  But these areas are critically important, as they form the foundation upon which all cyber security is deployed.  GRC for smart grids has only recently emerged as its own market, and the players are split among providers with innovative or direct approaches to smart grid cyber security and large and powerful vendors that sell industry-agnostic solutions into this market.  According to a new Pike Pulse report published by Pike Research, the vendors that have focused most tightly on control systems innovation, and somewhat distanced themselves from the field, are McAfee/NitroSecurity and Industrial Defender. 

“Despite the fact that governance, risk management, and compliance are essential requirements for any cyber security program, this is not a well-served market for smart grids,” says Pike Research senior analyst Bob Lockhart.  “Pike Research expects that to change in the coming two to three years, but at present we have not identified a single vendor that combines the necessary innovation, scale, and smart grid focus to be considered a leader in this area.”

The combination of McAfee and NitroSecurity ranked highest in this Pike Pulse, based largely upon recently acquired Nitro’s GRC capabilities.  McAfee’s acquisition of NitroSecurity, which had already positioned itself as a smart grid specialist, killed two birds with one stone, by plugging a gaping hole in the McAfee product line and giving McAfee instant credibility in control systems markets.  With a long history of focus on control system security, second-ranked Industrial Defender was early to recognize the importance of governance, risk management, and compliance, even in an industry that does not yet have very many enforceable standards. 

RSA, the security division of EMC, ranked a strong third in this Pike Pulse, near the top of the Contenders category.

The “Pike Pulse Report: Smart Grid Cyber Security Governance, Risk Management, and Compliance” evaluates 14 of the leading cyber security governance, risk management, and compliance vendors in the smart grid market and rates them on 12 criteria for strategy and execution, including vision, go-to-market strategy, partners, product strategy and roadmap, technical innovation, geographic reach, market share, sales and marketing, product performance and features, product portfolio, control system focus, and staying power.  Using Pike Research’s proprietary Pike Pulse methodology, vendors are profiled, rated, and ranked with the goal of providing industry participants with an objective of these companies’ relative strengths and weakness in the emerging GRC marketplace.  An Executive Summary of the report is available for free download on the firm’s website.

Contact: Richard Martin

+1 303 997 7609

press@navigantresearch.com

Register to Receive Updates

Sign up or login to receive free newsletters, research updates, access to webinars, and other analyst content from Navigant Research.

Research News

Rss
Worldwide Natural Gas Vehicle Sales are Expected to Total 37.2 Million From 2014 to 2024
March 30, 2015Today’s natural gas vehicles are undergoing technical changes expected to reduce cost and improve efficiency, report finds  • A recent report from Navigant Research examines the global market for natural gas vehicles…
Read More »
Global Wind Power Installations Increased by 42 Percent in 2014
March 26, 2015Growth in China, Germany, and the United States led to a record year for wind installations, report concludes • A new report from Navigant Research covers developments in the wind energy sector during…
Read More »
The Installed Base of Prepaid Electric Meters is Expected to Exceed 85 Million by 2024
March 25, 2015Utilities must overcome objections from regulators concerned about vulnerable customers, report finds • A new report from Navigant Research examines the global market opportunity for prepaid electric…
Read More »
Utility Outage Management System Spending Is Expected to Total Nearly $11.8 Billion from 2014 to 2023
March 23, 2015Advanced distribution management systems are expected to erode the market share of standalone systems, report finds • A recent report from Navigant Research analyzes the global market opportunities for outage management…
Read More »
View All News

{"userID":"","pageName":"McAfee\/NitroSecurity, Industrial Defender Score Highest in New Pike Research Assessment of Smart Grid Cyber Security Governance and Compliance Providers","path":"\/newsroom\/mcafeenitrosecurity-industrial-defender-score-highest-in-new-pike-research-assessment-of-smart-grid-cyber-security-governance-and-compliance-providers","date":"3\/31\/2015"}