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The smart grid (SG) paradigm is the next technological leap of the conventional electrical grid, contributing to the protection of the physical environment and providing multiple advantages such as increased reliability, better service quality, and the efficient utilization of the existing infrastructure and the renewable energy resources. However, despite the fact that it brings beneficial environmental, economic, and social changes, the existence of such a system possesses important security and privacy challenges, since it includes a combination of heterogeneous, co-existing smart, and legacy technologies. Based on the rapid evolution of the cyber-physical systems (CPS), both academia and industry have developed appropriate measures for enhancing the security surface of the SG paradigm using, for example, integrating efficient, lightweight encryption and authorization mechanisms. Nevertheless, these …