Key Management Systems for Smart Grid Advanced Metering Infrastructure: A Survey

Smart Grids are evolving as the next generation power systems that involve changes in the traditional ways of generation, transmission and distribution of power. Advanced Metering Infrastructure (AMI) is one of the key components in smart grids. An AMI comprises of systems and networks, that collects and analyzes data received from smart meters. In addition, AMI also provides intelligent management of various power-related applications and services based on the data collected from smart meters. Thus, AMI plays a significant role in the smooth functioning of smart grids. AMI is a privileged target for security attacks as it is made up of systems that are highly vulnerable to such attacks. Providing security to AMI is necessary as adversaries can cause potential damage against infrastructures and privacy in smart grid. One of the most effective and challenging topic's identified, is the Key Management System (KMS), for sustaining the security concerns in AMI. Therefore, KMS seeks to be a promising research area for future development of AMI. This survey work highlights the key security issues of advanced metering infrastructures and focuses on how key management techniques can be utilized for safeguarding AMI. First of all, we explore the main features of advanced metering infrastructures and identify the relationship between smart grid and AMI. Then, we introduce the security issues and challenges of AMI. We also provide a classification of the existing works in literature that deal with secure key management system in AMI. Finally, we identify possible future research directions of KMS in AMI

Bargaining and sustainability: the Argentine debt swap of 2005

When Argentine sovereign default in December 2001 led to a collapse of the peso, the burden of dollar debt became demonstrably unsustainable. But it was not clear what restructuring was feasible, nor when. Eventually, in 2005 after a delay of more than three years, a supermajority of creditors accepted a swap implying a recovery rate of around 37 cents in the dollar. In this paper a bargaining approach is used to explain both the settlement and the delay. We conclude that the agreed swap broadly corresponds to a bargaining outcome where the Argentine government had “first mover” advantage: and that substantial delay occurred as negotiators seeking a sustainable settlement waited for economic recovery. Factors not explicit in the formal framework are also considered -- heterogeneity of creditors, for example, and the role of third parties in promoting “good faith” bargaining

Secure key design approaches using entropy harvesting in wireless sensor network: A survey

Physical layer based security design in wireless sensor networks have gained much importance since the past decade. The various constraints associated with such networks coupled with other factors such as their deployment mainly in remote areas, nature of communication etc. are responsible for development of research works where the focus is secured key generation, extraction, and sharing. Keeping the importance of such works in mind, this survey is undertaken that provides a vivid description of the different mechanisms adopted for securely generating the key as well its randomness extraction and also sharing. This survey work not only concentrates on the more common methods, like received signal strength based but also goes on to describe other uncommon strategies such as accelerometer based. We first discuss the three fundamental steps viz. randomness extraction, key generation and sharing and their importance in physical layer based security design. We then review existing secure key generation, extraction, and sharing mechanisms and also discuss their pros and cons. In addition, we present a comprehensive comparative study of the recent advancements in secure key generation, sharing, and randomness extraction approaches on the basis of adversary, secret bit generation rate, energy efficiency etc. Finally, the survey wraps up with some promising future research directions in this area