Utilities Will Spend Billions On Cybersecurity As Threat Grows
The electric grid is vital infrastructure, but it looks way too vulnerable to hackers.
The National Institute of Standards and Technology released a report in May identifying products available to enhance the electric grid’s cybersecurity. New technologies employed onto the grid are multiplying the number of access points for cyber threats.
An actual cyberattack on an electric grid occurred in December 2015 when Ukraine’s electricity was interrupted. A third party, widely suspected to be operating from Russia, conducted the attack — which resulted in 225,000 customers losing power.
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