Two security firms, ESET and Dragos, released reports about the discovery of a virus that aims to damage equipment on any nation’s electric grid. The virus is called Industroyer, also known as “Crash Override,” and targets computers that control electrical substations and circuit breakers. According to a report from Lloyd’s of London, a cyber-attack on the U.S. grid could result in a total economic loss ranging from $243 billion to $1 trillion. This is because such an attack could mean a collapse in commerce, disruption to water supplies and transportation chaos. I have written a commentary on this topic for The National Interest here.
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