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US Energy regulators and suppliers are moving towards the regulation of risk management and cyber security. In a call for action from various sources including past chairs of FERC and industry representatives.
¢â‚¬Å“We really need to stop admiring this problem and put solutions into action, promising to support a proposed conference of grid and gas-sector leadership and regulators on the issue Quote James Robb, chief executive of the North American Electric Reliability Corp.
Regulation and appropriate standards are in place to enable the assessment of risk under FISMA and the Risk Management Framework (NIST SP 800-37R2). However as the industry points out the sector does not have enough resources to provide oversight and assurance of the sector and its supply chains. A problem that can only be addressed through education and regulation. Mandating the application of risk management and mitigation, working with industry and Federal Government.
Ted Dziekanowski Brian McCarthy Jason Spezzano
#theaugustagroup‚Â #theaugustaplan‚Â #327solutions‚Â #cybersecurity‚Â #supplychainriskmanagement‚Â #cyberriskmanagement‚Â #compliance‚Â #cyberinsurance‚Â #insurance‚Â #regulatorycompliance‚Â #regulatoryoversight‚Â #esgrisk‚Â #cyberregulation‚Â #esgreporting‚Â #soc2‚Â #esg #scrm #cscrm
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