Smart Grid Environment, Data Security in the Internet of Things, and Supply Chain Ecosystem Transformation

Abstract

The supply chain ecosystem is undergoing a significant shift in today's business environment, mostly due to the adoption of smart grids and the integration of cutting-edge technologies like the Internet of Things (IoT). Unprecedented prospects for improved efficiency, real-time monitoring, and data-driven decision-making are presented by this paradigm change. But even in the middle of these developments, data security becomes an increasingly important issue. This study examines the various facets of the change of the supply chain ecosystem in the context of the Internet of Things and the smart grid, with a particular emphasis on the difficulties and solutions pertaining to data security. The smart grid and supply chain operations' integration of IoT devices create several weak points that are open to cyberattacks, underscoring the necessity of putting strong security measures in place as soon as possible.