"Our industry in Australia is potentially going to become much more competitive, whereas in the past it's been quite a cooperative industry with a lot of information sharing."
"I'm keenly interested in what that means for our security posture, for our management of information leakage out of the organisation and all of the security implications that come out of that."
There's changes ahead for how the business operates, too, said Smith.
"Agility will be much more important for our business moving forward," he said.
That will include "looking at how we make our infrastructure more flexible to different demands, how we can allow people to work from anywhere, at any time, on any device, [and] how we move workflows around to ensure the right level of performance, availability and scalability."
And ElectraNet might soon have to think about social media for the first time, he said.
The Australian electricity regular has been pushing electric companies to demonstrate they are engaging with customers.
"At the moment our business does not have any social media presence or do any social media analysis. Depending on what model we choose to go with that consumer engagement piece, that could change dramatically."
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