Cybersecurity and data protection in the electricity sector. Quaderni IRCrES 24
Quaderni n. 24
Cybersecurity and data protection in the electricity sector.
State-of-the-art of the literature and evaluation methods
Elena Ragazzi, Ugo Finardi, Jeanne C.M. Vallette d’Osia
CNR-IRCrES, Consiglio Nazionale delle Ricerche – Istituto di Ricerca sulla Crescita Economica Sostenibile, Strada delle Cacce 73, 10135 Torino, Italia
Corresponding author: jeannecharlottemarievallettedosia@cnr.it
Abstract
The growing dependence of individuals, organizations, and governments on digital ecosystems increases the exposure to cyber threats, leading cybersecurity to be a global issue in societal, political, and economic decision-making. The electricity sector is especially vulnerable due to its reliance on critical infrastructures embedded in large, interconnected networks. Hence, cyber-attacks on power grids can have catastrophic societal consequences by causing severe disruptions with long recovering times and lasting effects. The Quaderno IRCrES on Cybersecurity and data protection in the electricity sector: state-of-the-art of the literature and evaluation methods discusses the economic rationale of a study on the value of cybersecurity and reviews the methods to understand how citizens value cybersecurity when it comes to the essential good of electricity supply. Understanding how individuals perceive the value of their personal data and the continuity of electric supply is a relevant topic for two main reasons. First, the question of valuing cybersecurity has, to our knowledge, never been tackled within the electricity sector, which is of great interest especially for assessing the correct value of investments in protecting infrastructures. Second, the economic appraisal of cybersecurity is still subject to uncertainty and imperfect allocation, making our quantitative study on its evaluation relevant as it is rooted in current challenges.
Keywords: Cybersecurity, electricity sector, cost-benefit analysis, literature review.
DOI: 10.23760/2499-6661.2025.24
ISBN: 978-88-98193-39-4
ISSN (online): 2499-6661
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How to Cite
Ragazzi, E., Finardi, U., & Vallette d’Osia, J.C.M. (2025). (eds.) Cybersecurity and data protection. in the electricity sector. State-of-the-art of the literature and evaluation methods. Quaderni IRCrES 24. CNR-IRCrES. http://dx.doi.org/10.23760/2499-6661.2025.24
| Introduction Cybersecurity and electricity sector: relevance, features and challenges Elena Ragazzi, Ugo Finardi, Jeanne C.M. Vallette d’Osia Abstract | Download |
5-10 |
Chapter 1 The economic perspective on cybersecurity Jeanne C.M. Vallette d’Osia, Elena Ragazzi, Ugo Finardi Abstract | Download |
11-25 |
Chapter 2 Digital sovereignty: a new perspective focused on data control Jeanne C.M. Vallette d’Osia, Elena Ragazzi, Ugo Finardi Abstract | Download |
27-43 |
Chapter 3 The ESSENCE Project: A Re-Examination Guided by Emerging Academic Contributions Clementina Bruno, Fabrizio Erbetta Abstract | Download |
45-52 |
Chapter 4 Methods to assess the economic value of cybersecurity Jeanne C.M. Vallette d’Osia, Ugo Finardi, Elena Ragazzi Abstract | Download |
53-63 |
Chapter 5 An empirical approach to assess the value assigned by individuals to cybersecurity and data protection Jeanne C.M. Vallette d’Osia, Ugo Finardi, Elena Ragazzi Abstract | Download |
65-70 |
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71-73 |