By - Michael Drost

Report: Cyber attack on power grid could cost $1 trillion

Energize Weekly, July 22, 2015 The damage from a hack on the U.S. power grid could cost the nation’s economy more than $1 trillion, according to a new report by insurance market Lloyd’s and the University of Cambridge. The report, titled “Business Blackout”, envisions a “plausible but extreme” scenario where part of the U.S. electrical grid between New York and

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