5 Ways Energy Cos. Can Limit Legal Fallout From Attacks
Law360, New York (October 14, 2016, 7:57 PM EDT) -- The recent arrests of climate change activists accused of tampering with pipeline valves, as well as an unsolved shooting attack on an electric co-operative's substation in Utah, highlight both the vulnerabilities of U.S. energy infrastructure and the potentially massive liability facing companies if a physical attack or cyberattack causes significant damage or disruption.
"If there's a widespread outage as a result of these attacks, there can be severe consequences and significant legal exposure,” said Paul Tiao, a former FBI senior cybersecurity counsel who co-chairs Hunton & Williams LLP's energy sector security team. “There can be reputational harm, business consequences, government enforcement...
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