UK Power Grid Biz Suffers Outage After Cyber-Attack

From infosecurity-magazine.com

A UK power grid company has suffered a possible ransomware attack, although electricity supply to homes has not been affected.

Elexon administers a crucial part of the power supply chain, known as the Balancing and Settlement Code (BSC), with customers including the country‚Äôs suppliers, generators, distributors, traders, and energy importers and exporters.

The firm takes over one million meter readings everyday to compare what generators and suppliers say they will produce or consume with actual volumes, before calculating a price for the difference and transferring funds accordingly.

At nearly midday local time yesterday the firm posted an alert claiming its internal IT systems had been impacted by a cyber-attack.

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