Protecting the Grid: Risk Management in Electric Utilities

Karl Zimmel, risk manager at UNS Energy Corp., faces environmental exposures, cyber terrorism—and lots of high-voltage hazards

Electric utilities are highly complex and technical businesses, and their risk managers face a daunting array of threats to employees, customers and physical assets.

Effectively overseeing the exposures entails “understanding the technical operations required for the three segments of our business: power generation, transmission of high-voltage electricity across hundreds of miles, and distribution of low-voltage electricity to our retail customers,” says Karl Zimmel, manager of risk-management services at UNS Energy Corp.

HACKING ATTACKS

The modern power industry is increasingly technology-driven, an advancement that has changed its IT and cyber-risk profile.

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