Power grid is found susceptible to cyberattack

Due to incorrect information provided by a security researcher the story, "Power grid is found susceptible to cyberattack," which was posted to the newswire Saturday, mischaracterized the state of research into malicious worm technology for Smart Grid devices. The researcher quoted in the story, Travis Goodspeed, said his earlier comments were based on erroneous information and that research into Smart Grid worms is theoretical. The deck headline and paragraphs three and 10 have been changed on the wire and now, read, respectively:

Researchers at IOActive say malicious code could propagate on next generation power meter devices

IOActive and independent security researcher Travis Goodspeed concluded that these Smart Grid devices could be used to spread malicious code.

In 2007 Goodspeed demonstrated that it was is possible to write a worm that would spread among Msp 430 chips, which are processors used by some Smart Grid device makers, according to Goodspeed.