The Energy Sector Confronts Cyber Risk

In recent years cyber attacks have targeted sensitive data of multinational oil companies, downed one country’s power grid and sabotaged another’s nuclear weapons program. Despite growing risks to domestic infrastructure, U.S. energy and electricity sectors remain ill-prepared to defend themselves against cyber threats. Bill Hederman, former senior advisor to the U.S. secretary of energy and a senior fellow at the Kleinman Center, discusses cybersecurity and the roles of industry and government in confronting security challenges. Guest Bill Hederman most recently served as senior advisor to U.S. Secretary of Energy Ernest Moniz, providing leadership on USDOE missions to Ukraine, the Baltics, and Germany.  He is the chief architect behind the analytic framework developed for DOE's groundbreaking Quadrennial Energy Review.  During the Enron and California crises, Hederman joined FERC and formed the Office of Market Oversight and Investigations, which has been credited with playing a major role in the restoration of confidence in electricity and natural gas regulatory oversight. Learn more: http://kleinmanenergy.upenn.edu/energy-policy-now

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