electric grid damage News

Experts Fear Major Attack Only Way to Stir Corporate Action on Cyber Security

After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs out of their complacency. While awareness about cybersecurity has …

Lessons from U.S. Blackout of 10 Years Ago: Kemp

Exactly 10 years ago, at 15:05 Eastern Time on August 14, 2003, an overhead power line came into contact with an overgrown tree near Cleveland, Ohio. What happened next is a frightening case study of how vulnerable modern economies are …

Lloyd’s Report Highlights Solar Storm Threat as Emerging Risk

“A large solar storm could leave tens of millions of people in North America without electrical power for several months, if not years, potentially costing trillions of dollars,” according to Lloyd’s latest emerging risks report: “Solar Storm Risk to the …