Electrical grids “woefully prepared” for cyber attacks

Electrical grids worldwide have become more susceptible to cyber attacks due to the use of industrial control systems, according to market analysts ABI Research. Spending on cybersecurity to protect infrastructure will total $2.9 billion by the end of 2013, the analyst claims. “The restructuring of the power sector and the emergence of the smart grid … More Electrical grids “woefully prepared” for cyber attacks