IEC joins Quebec utility in cybersecurity

“Cyber threats are increasing exponentially due to the complexity of the infrastructures and the goal of improving the service to customers with projects as smart grids.”

By
May 23, 2017 23:50
1 minute read.
Israeli and Canadian businessmen signing an agreement.

LEFT TO RIGHT: Quebec Premier Phillipe Couillard: Michael Penner, Hydro- Québec’s chairman of the board; Ofer Bloch, CEO of the IEC; and IEC senior vice president Yosi Shneck sign the collaboration agreement in Heftziba 22.5.2017.. (photo credit: YOSSI WEISS / ISRAEL ELECTRIC CORPORATION)

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

Aiming to protect critical infrastructure in both Israel and Canada, the Israel Electric Corporation is joining hands with the Hydro-Québec utility to cooperate on projects in the cybersecurity sector.

IEC and Hydro-Québec – a major supplier, manager and distributor of electricity in the province of Québec – signed an agreement Monday to collaborate on best practices and share information and knowledge in this field. As government-owned utilities, both companies share the same goal of providing continuous electricity while protecting electrical infrastructure and operations, a joint statement from the firms said.

“This is an extraordinary opportunity for Hydro-Québec to join forces with a company with world-renowned expertise,” said Michael Penner, Hydro-Québec’s chairman of the board. “The velocity with which new technologies are deploying incites companies and countries to collaborate and exchange on significant trends in order to stay ahead.”

As perhaps the most critical network of infrastructure in any country, power grids must be protected not only for economic reasons but also to safeguard public health and security, according to the companies.

Given the increase in cyber threats across the globe, coupled with the speed at which technology is developing, the firms described their new partnership as a natural step toward tackling shared interests and challenges.

“Cyber threats are increasing exponentially due to the complexity of the infrastructures and the goal of improving the service to customers with projects as smart grids,” said Ofer Bloch, CEO of the IEC. “On top of that, the hackers are getting more sophisticated and organized.”

In the next few months, IEC and Hydro-Québec will be setting up a steering committee, as well as hosting reciprocal site visits, launching discussion forums and beginning research and development programs, the companies said.

“The cooperation between two strong companies as Hydro-Québec and IEC will give our ability to hedge against cyber threats a significant boost,” Bloch added.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Prime Minister Benjamin Netanyahu promises to do all he can to build a coalition in a press conferen
July 16, 2019
Netanyahu wants to fly before elections, Foreign Ministry may make that difficult

By HERB KEINON

Cookie Settings