Ukraine Grid Attack An Eye-Opener For American Utilities

American utilities are currently looking into the types of cyber insurance that might be available to them, in order to protect themselves against what could potentially result in multi-billion dollar losses if an attack similar to the one that struck Ukraine on December 23 were to happen in the U.S.The incident in Ukraine was the first time a cyber attack had ever caused a power outage. That said, this is one of only a small number of hacks that have ever led to actual physical impacts on utilities infrastructures as opposed to leading to damages that were exclusively digital; such as the loss or theft of stored data.