Power Outage in Spain Causes €400M Drop in Digital Purchases, Partial Recovery Underway

Spain’s recent blackout slashed digital purchases by 55%, causing an estimated €400 million loss. While partial recovery is underway, the total economic impact could reach €800 million, according to Economy Minister Carlos Cuerpo.

Possible Cyberattack Behind Widespread Power Outages in Spain and Portugal

Cyberattack Spain

Authorities are investigating whether cybercriminals were behind the massive power outages that affected millions in Spain, Portugal, and parts of France. If confirmed, it would be the largest cyberattack against energy infrastructure since Ukraine’s BlackEnergy incident in 2015.