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Smart grid initiatives will produce a grid that is increasingly dependent on its cyber infrastructure in order to support the numerous power applications necessary to provide improved grid monitoring and control capabilities. However, recent findings documented in government reports and other literature, indicate the growing threat of cyber-based attacks in numbers and sophistication targeting the nation’s electric grid and other critical infrastructures. Specifically, this paper discusses cyber-physical security of Wide-Area Monitoring, Protection and Control (WAMPAC) from a coordinated cyber attack perspective and introduces a game-theoretic approach to address the issue. Finally, the paper briefly describes how cyber-physical testbeds can be used to evaluate the security research and perform realistic attack-defense studies for smart grid type environments.