A six-hour winter blackout in mainland France could result in damages to households, businesses and vital institutions totalling over €1.5 billion. A well-orchestrated cyber attack on critical electricity infrastructure could have this type of economic impact on a country. Is this realistic? Officials from the US Department of Homeland Security publicly declared in 2018 that hackers had infiltrated the control rooms of multiple US electricity utilities to the extent that they had the ability to disrupt the flow of electricity to customers.
As the co-chairs of the World Economic Forum’s Systems of Cyber Resilience: Electricity public-private working group for the past year, we have dedicated time to discussing how to mitigate the risk of cyber attacks affecting critical electricity infrastructure and defining the best approach to cyber resilience in the increasingly complex electricity ecosystem.
Read More.. Source World Economic Forum