JPMorgan Sees ‘National Security Risk’ in Old Grid Networks

JPMorgan Chase & Co. says aging, run-down grid infrastructure now risks undermining security goals, with everything from extreme weather to cyberattacks posing a growing threat.

The Wall Street bank, which laid out its analysis in a report seen by Bloomberg, describes the current decades-old grid network as a “national security risk.” Against that backdrop, investments that make grid infrastructure more resilient are becoming “increasingly attractive,” according to JPMorgan.