Distribution storage networks are interconnected distribution-level bulk energy storage devices that function as core infrastructure elements to provide both grid resilience and defense against IoT-based cyber grid security threats. The recognition that these are core grid functions changes how storage of this type valued, financed, and operated as compared to storage for ancillary grid services. Distribution storage networks make use of fast bilateral storage to buffer the grid from edge device-based volatilities; this is the essence of both its resilience capability and its cyber defense capability. These storage networks must be core grid components because resilience is an intrinsic grid characteristic and both it and cyber defense of the distribution grid are the responsibility of the distribution utility.