March 01, 2016

The Internet of Things: Cybersecurity, Insurance, and the National Power Grid

Erin L. Webb

The United States’ electric power grid is a critical part of the nation’s energy supply. It is vast, complex, interconnected—and aging. As Internet technology advances, a vision for an evolved “smart grid” has emerged. One of the qualities most commonly discussed as part of such a smart grid is the ability to process large amounts of data and optimize the generation and delivery of energy across the grid. To do that would likely require the type of connection, communication, and data sharing among physical devices that has become known as the Internet of Things.

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