Bloomberg Law
Aug. 7, 2018, 10:42 AM

Utilities Prepare for Increased Cyberattacks on the Electric Grid

Rebecca Kern
Rebecca Kern

More electric utilities and energy companies are turning to cybersecurity vendors for protection against attempted attacks, a growing threat highlighted by the recent disclosure of Russian hacking into their communications networks last year.

The U.S. utility sector faces millions of attempted cyber intrusions a day. Duke Energy, one of the largest power companies in the nation serving 7.6 million customers reported more than 650 million attempted cyberattacks in 2017 alone. While a cyberattack hasn’t successfully shut down the U.S. power grid, the threat is real.

“If you want to shut down the infrastructure of a country, you shut down the ...

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