vendors
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Cybersecurity
Goldman Sachs Stake in Fortress Underscores Supply Chain Cybersecurity Priority
A Goldman Sachs private equity business is taking a stake in critical industry cybersecurity firm Fortress Information Security. The $125 million investment underscores a heightened awareness of supply chain vulnerabilities within the investor community. Fortress, which announced the investment from Goldman Sachs Asset Management Private Equity on April 19, said it also highlights a wider […]
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Supply Chains
DOE Specifies ‘Foreign Adversaries’ for Trump BPS Equipment Ban
Taking its first major step to act on President Trump’s May 1 executive order (EO) to limit foreign bulk power equipment transactions in the U.S., the Department of Energy (DOE) has issued a definitive list of six foreign “adversaries” that pose threats to the U.S. bulk power system (BPS): China, Cuba, Iran, North Korea, Russia, […]
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IIOT Cyber
Three Newly Approved CIP Reliability Standards for Cybersecurity Will Be Costly
Entities with industrial control systems (ICS) associated with bulk electric system (BES) operations must develop and implement plans that include security controls for supply chain management, the Federal Energy Regulatory Commission (FERC) ordered in a final rule that formally adopts three new critical infrastructure protection (CIP) reliability standards. FERC on October 18 issued Order No. […]
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O&M
Stepping Up Cybersecurity: Power Producers Move Ahead
The energy sector has been hit with almost one-third of the cyberattacks against U.S. industrial facilities in recent years. It is among the top issues, along with reliability, environmental regulations, and