The energy industry practices for a ‘black swan’ cyberattack that could take down the grid


More than 6,500 government officials and big players in the energy sector came together this week to conduct a simulated cyberattack on the electrical grid.

The event is called GridEx, and takes place every two years. It imagines the U.S. under attack from a foreign country, through the power grid.

It’s a scenario that planners say is unlikely, a black swan event, but one that could have devastating impacts if it came to fruition. Those ripple effects could go far beyond leaving homes without heat or citizens without smartphones, bringing down big portions of the telecommunications, media and finance sectors. This is why, organizers said, they aimed to gather as many stakeholders as they could to run through how they would respond.

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Source:  CNBC