LG said it will initially acquire a 64-percent stake in Cybellum for $140 million and it will acquire the remaining shares in the near future — if the valuation does not change, the remaining shares will be worth nearly $80 million. The Korean tech giant also plans on investing $20 million in the cybersecurity firm…

The six biggest cybersecurity risks facing the utilities industry

The utilities industry is rapidly modernizing its infrastructure, adding more digitized equipment and connectivity across devices, plants, and systems. This evolution to “smart infrastructure” represents a positive, paradigm shift for the industry. Unfortunately, the security policies of many utilities have not evolved along with it, leaving them incredibly vulnerable. Utilities are investing heavily to modernize…