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Title: Threats to the electric grid and the impact on organisational resilience
Authors: Holmes E. Miller; Kurt J. Engemann
Department of Accounting, Business and Economics, Muhlenberg College, Allentown, PA 18104, USA
Center for Business Continuity and Risk Management, Iona College, New Rochelle, NY 10801, USA
Abstract: Electricity's absence can be disastrous depending upon the extent of the outage. The defining factor that transforms an event from limited scope to catastrophic is that a disruption of the power grid can affect tens of millions of people and may persist for a long time. We discuss the criticality of infrastructure and identify various risks. We discuss possible related strategies and their limitations.
Keywords: electric grid; outages; outage impact; organisational resilience; critical infrastructures; risks; business continuity management; threats; power grid disruption; electricity; risk assessment.
Int. J. of Business Continuity and Risk Management, 2015 Vol.6, No.1, pp.1 - 16
Submission date: 11 Dec 2014
Date of acceptance: 22 Dec 2014
Available online: 02 Jul 2015