Smart grids are rapidly replacing conventional networks on a worldwide scale. A smart grid has drawbacks, just like any other novel technology. A smart grid cyberattack is one of the most challenging things to stop. The biggest problem is caused by millions of sensors constantly sending and receiving data packets over the network. Cyberattacks can compromise the smart grid’s dependability, availability, and privacy. Users, the communication network of smart devices and sensors, and network administrators are the three layers of an innovative grid network vulnerable to cyberattacks. In this study, we look at the many risks and flaws that can affect the safety of critical, innovative grid network components. Then, to protect against these dangers, we offer security solutions using different methods. We also provide recommendations for reducing the chance that these three categories of cyberattacks may occur.