At its October monthly meeting, the Federal Energy Regulatory Commission adopted new reliability standards addressing cybersecurity risks associated with the global supply chain for Bulk Electric System Cyber Systems. The new standards expand the scope of the mandatory and enforceable cybersecurity standards applicable to the electric utility sector.
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The U.S. Department of Justice has unsealed an indictment accusing nine Iranian nationals of engaging in a “massive and brazen cyber assault” against at least 176 universities, 47 private companies and 7 government agencies and non-governmental organizations, including the Federal Energy Regulatory Commission.
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On January 19, 2017, the North American Electric Reliability Corporation released a draft Reliability Standard CIP-013-1 – Cyber Security – Supply Chain Risk Management which addresses “supply chain risk management for industrial control system hardware, software, and computing and networking services associated with bulk electric system operations.”
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Last month, the Federal Energy Regulatory Commission published its final Regulations Implementing FAST Act Section 61003-Critical Electric Infrastructure Security and Amending Critical Energy Infrastructure Information. The CEII Regulations are intended to implement new authority granted to FERC by the Fixing America’s Surface Transportation Act, which became law in December 2015.
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The absence of congressional action on cybersecurity legislation has spurred efforts by various entities to exert influence over cybersecurity policy. This blog post contains a client alert that focuses on a number of those efforts, including the Federal Energy Regulatory Commission’s creation of a new cybersecurity office and the North American Electric Reliability Corporation’s action on cybersecurity Critical Infrastructure Protection standards.
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