We all know that the power grid is an increasingly popular target for cyber threat actors. Whether we are worried about hacktivists with the aim of causing civil unrest or state-sponsored groups, we all need to be prepared and understand how to combat these threats together. In such interconnected systems, like electricity, CEOs and corporate boards must take responsibility for managing cyber risk. These principles and tools will help leaders to shoulder this burden and improve the cyber resilience of the broader electricity ecosystem.
This report by the World Economic Forum, developed conjunction with our electricity industry community and Boston Consulting Group builds on our 2017 guidance for boards of directors to address the particular needs of businesses operating in the electricity ecosystem. We hope that you will read this guidance and use it to set cyber strategy in this critical industry.