Energy Grid Isn’t Insured Enough to Handle a Catastrophic Hack

Energy Grid Isn’t Insured Enough to Handle a Catastrophic Hack

6 years ago
Anonymous $2WKDXfy9lA

https://medium.com/bloomberg/energy-grid-isnt-insured-enough-to-handle-a-catastrophic-hack-43147baa31b

Insurers are limiting how much coverage energy companies can buy to protect themselves against a major attack by hackers, potentially leaving investors, customers and taxpayers on the hook for sizable losses.

Brit Insurance, a syndicate that works with Lloyd’s of London, limits cybersecurity policies to around…