The threat of a large-scale electromagnetic event having a negative impact on the electric grid is real. Whether human-caused, via the detonation of a nuclear device, or natural, via a high-intensity burst of solar radiation, our historic experience with these phenomena indicates that as a global community, we should be prepared for such events and know how to mitigate their impacts. Current studies and related discussions provide a wide range of damage assessments for these events. We recommend continuing current technical investigations and research as well as strengthening collaboration between stakeholders and experts. This would ensure future threats are addressed in a timely and effective manner.