Waverly Labs and the Energy Production Infrastructure Center Quantify Digital Risks for Power Grids

Waverley Labs and the Energy Production and Infrastructure Center (EPIC) developed a risk management solution based upon a research and technology collaboration focused on modeling relationships between cyber-attacks and the electric and physical infrastructures associated with the power grid. During the past year, researchers in EPIC’s Duke Energy Smart Grid Laboratory working with Waverley Labs conducted a systematic analysis of risks and associated threats to power transmission systems to identify critical points of failure. The collaboration leveraged advanced knowledge processing that integrated IT systems and cyber security data with operational and physical data. It resulted in a new and innovative solution that will enable energy companies to model consequences and quantify business impact associated with each risk.