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Engineering Commons

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Electrical and Electronics

University of Wisconsin Milwaukee

2021

Cyber-insurance

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An Insurance Framework For Cyber-Physical Power Systems Considering Integrated Cybersecurity-Reliability Assessment, Pikkin Lau Dec 2021

An Insurance Framework For Cyber-Physical Power Systems Considering Integrated Cybersecurity-Reliability Assessment, Pikkin Lau

Theses and Dissertations

Due to the development of cyber-physical systems for modernizing power grids, vulnerabilityassessment has become an emerging focus in power system security studies. With the increasing application of cyber-enabled technologies in power systems, modern power system is prevalently exposed to a wide gamut of cybersecurity threats. In this dissertation, the power supply reliability is evaluated considering the strategic allocation of defense resources and smart technologies. The optimal mixed strategies are formulated by the Stackelberg Security Game to allocate the defense resources on multiple targets subject to cyberattacks. Smart monitoring with preventive and corrective measures is able to boost the substation availability …