Cybersecurity leapt onto the list of the top five concerns for U.S. electric utilities this year, yet fewer than a third say they’re prepared to meet the growing threat of an attack, according to a new survey.
“The industry is paying attention and actively seeking ways to bolster security practices to limit power system vulnerability,” says an annual report from the consulting, construction and engineering firm Black & Veatch titled “2014 Strategic Directions: U.S. Electric Industry.” “We are seeing an industry that is actively moving forward with the deployment of comprehensive asset protection plans following several high-profile cyber and physical threat events.”
However, only 32 percent of electric utilities surveyed for the report had integrated security systems with the “proper segmentation, monitoring and redundancies” needed for cyberthreat protection. Another 48 percent said they did not.
Despite stressors associated with heightened global risk mounting since early 2026, U.S. manufacturers express increased…
Most entrepreneurs expect uncertainty to fade as their businesses succeed. More revenue, more experience, more…
What CEOs don’t know about their own financials—and what it’s costing them.
How short-term leadership relief turns into high-interest debt.
Itai Sadan knew his company was being torn in two. Here's how choosing focus over…
Survey of 237 U.S. CEOs the first week of March finds optimism moderating (again) as…