A cyber attack which shuts down parts of the United States' power grid could cost as much as $1 trillion to the U.S. economy, according to a report published on Wednesday.
Company executives are worried about security
breaches, but recent surveys suggest they are not convinced about the
value or effectiveness of cyber insurance. The report from the
University of Cambridge Centre for Risk Studies and the Lloyd's of
London insurance market outlines a scenario of an electricity blackout
that leaves 93 million people in New York City and Washington DC without
power.
Full article and accompanying video available here: Cyber Attack on Power Grid
Source: NBC News
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