American utilities are looking into cyber insurance following Ukraine grid attacks

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Following the December 23 attack on the Ukrainian grid, the U.S. is taking a closer look at protection. 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. Last year, hackers caused power outages that left over 80,000 people in the country in the dark. The incident in Ukraine was…

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