Avangrid Earns Security Award for State Fusion Cell Partnership
July 12 2024 - 11:41AM
Business Wire
CSO Award from Foundry’s CSO honors
organizations with outstanding security projects and
initiatives
Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company
and a member of the Iberdrola Group, announced today that it has
been named a winner of a 2024 CSO Award from Foundry’s CSO for its
industry-leading intelligence program. This prestigious honor is
bestowed upon select organizations that have implemented security
projects and initiatives that demonstrate outstanding business
value and thought leadership. Avangrid was selected in the
Intelligence and Security Organization category for its partnership
with a state fusion cell.
For the award-winning project, Avangrid partnered with a state
fusion cell to share security intelligence and data through each
other’s knowledge management databases. This first-of-its-kind
public-private partnership has the potential to dramatically
change, and improve, the way security information and intelligence
is shared. Through this innovative project, Avangrid and the state
fusion cell shared raw data, increasing the speed of data sharing,
and in turn, allowing for more discoveries. For example, Avangrid
was able to initiate strong security site assessments due to having
real-time data and analysis that provided a better understanding of
the threats to critical infrastructure.
"At Avangrid, we are deeply committed to implementing robust
cybersecurity measures to protect our assets and safeguard our
communities,” said Pedro Azagra, Avangrid CEO. “The foundation of
any strong intelligence program is based in having robust regional,
state and federal partnerships. We have taken that to the next
level with this latest collaboration, setting a new standard for
public-private partnerships. This award from CSO is a testament to
our commitment to innovation and excellence in the security
field.”
The CSO Awards recognize organizations for security projects and
initiatives that demonstrate outstanding business value and thought
leadership. The CSO Hall of Fame honors leaders who have
significantly contributed to advancing information risk management
and security. Inductees exemplify the qualities of leadership and
excellence and, by their example, contribute to improving security
across all organizations.
“The stakes grow higher every day for security leaders and their
teams, and this year’s CSO Awards honor the very best efforts to
tackle challenges from an expanding threat landscape,” said Beth
Kormanik, content director for the CSO Conference & Awards.
“From devising new threat detection methods and cyber analytics to
initiatives addressing AI threats, zero trust, and data protection,
these projects are at the forefront of innovative security thinking
and represent true business value for their organizations. We
congratulate the winners and look forward to celebrating them at
the CSO Conference & Awards this fall.”
About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be
the leading sustainable energy company in the United States.
Headquartered in Orange, CT with approximately $45 billion in
assets and operations in 24 U.S. states, Avangrid has two primary
lines of business: networks and renewables. Through its networks
business, Avangrid owns and operates eight electric and natural gas
utilities, serving more than 3.3 million customers in New York and
New England. Through its renewables business, Avangrid owns and
operates a portfolio of renewable energy generation facilities
across the United States. Avangrid employs approximately 8,000
people and has been recognized by JUST Capital as one of the JUST
100 companies – a ranking of America’s best corporate citizens – in
2024 for the fourth consecutive year. In 2024, Avangrid ranked
first among utilities and 12 overall. The company supports the
U.N.’s Sustainable Development Goals and was named among the
World’s Most Ethical Companies in 2024 for the sixth consecutive
year by the Ethisphere Institute. Avangrid is a member of the group
of companies controlled by Iberdrola, S.A. For more information,
visit www.avangrid.com.
About CSO: CSO is the premier content and community
resource for security decision makers leading business risk
management efforts within their organizations. For more than a
decade, CSO’s award-winning website (CSOonline.com), executive
conferences, strategic marketing services and research have
equipped security decision makers to mitigate both IT and
corporate/physical risk for their organizations and provided
opportunities for security vendors looking to reach this audience.
CSO is published by Foundry (formerly IDG Communications, Inc.).
Company information is available at www.foundryco.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240712491608/en/
Media Contact: Sarah Warren sarah.warren@avangrid.com
585-794-9253
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