Enterprise

OH GREAT: Smart Grids May Stupidly Leave Power Grid Open To Cyber Attacks

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Guess what? As utility companies rush to upgrade your energy meters and their power grids to be "smart" they may be stupidly inviting in hackers.

So finds an internal audit by the Energy Department, which has spent about $3.5 billion in stimulus money to help fund smart grids. [PDF here.]

Inspectors found that about one-third of these projects failed to put in adequate security controls. This is even after the government had told them what to do. The Energy Department wanted to see a thorough risk assessment and details on how utilities would respond to security thugs should an attack happen.

Funny thing is, these utilities got the money for the projects even when they blew off part of their security planning.

In some cases crummy security could let hackers gain personal information of homeowners, says the Washington Post. Attacks could also bring down the utility and, in a worst-case scenario, harm the whole dang power grid.

While that level of risk may seem unrealistic, last year a report surfaced that indicated hack attacks against power infrastructures worldwide were on the rise.

The grants cover a three-year period so the auditor is pressing for utilities to beef up their security during this period.

So-called "smart grids" use computers to automate power meters and allow them to be managed remotely (no more meter readers walking door to door). With smart grids, consumers could get some cool new ways to control a building's power usage, such as viewing and modifying electricity usage over the Internet. But with such advantages comes the risk of hack attacks.

Smart grids are a major initiative for many big IT firms including Cisco, IBM, Siemens, Oracle, and HP.

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Julie Bort was Business Insider's Editor at Large for the Tech team. She loves investigating stories and shedding light on the tech industry's most amazing people.Here's a small sample of some of Julie's work.Former Pinterest employees describe a traumatic workplace where managers humiliate employees until they cry, Black people feel alienated, and the toxic culture 'eats away at your soul'Sex, tequila, and a tiger: Employees inside Adam Neumann's WeWork talk about the nonstop party to attain a $100 billion dream and the messy reality that tanked itInsiders say WeWork's IT is a patchwork of cheap devices and Band-Aid fixes that will take millions to fixWeWork's toxic phone booths were created in-house by its Powered by We business70-hour weeks and 'WTF' emails: 42 employees reveal the frenzy of working at Tesla under the 'cult' of Elon MuskElon Musk works so many hours at Tesla, employees are constantly finding him asleep under tables and desksHow this woman went from a Pizza Hut employee to a founder of a $4 billion startupAn Oracle insider explains how some salespeople gamed the system to sell more cloudTHE TAKEDOWN OF TRAVIS KALANICK: The untold story of Uber's infighting, backstabbing, and multimillion-dollar exit packagesMicrosoft is in talks to buy GitHub, a startup at the center of the software world last valued at $2 billionThe alarming inside story of a failed Google acquisition, and an employee who was hospitalizedInside Facebook's plan to eat another $350 billion IT marketHow a registered sex offender wound up living in an Airbnb hosting unsuspecting guestsA controversial ex-banker is the person who really runs Twitter — and he's gambling the company's future on one risky betSecret passages and skipped meals: Oracle's CEO gave us a rare peek at what it really takes to run a $37 billion companyHP told some employees to choose between becoming contractors with no benefits or being fired without severance'I felt like we were being extorted': Customer says Oracle tried to strong-arm him into a cloud saleHow the queen of Silicon Valley is helping Google go after Amazon's most profitable businessAirbnb host: A guest is squatting in my condo and I can't get him to leaveLIES, BOOZE, AND BILLIONS: How one of the fastest-growing startups in Silicon Valley history raised $580 million then spiraled out of controlGitHub is undergoing a full-blown overhaul as execs and employees depart — and we have the full inside storyWhen she's not writing for Business Insider, Julie can usually be found on the trails, on my mountain bike, or on my skis, if you know where to look.