Eversheds Sutherland Cybersecurity and Privacy Insights Blog
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NERC and power company reach settlement on violations of cybersecurity standards

A power company has reached an agreement with the North American Electric Reliability Corporation (NERC) to pay $2.7 million for violations of a cybersecurity reliability standard. This violation resulted from the online exposure of the company’s data due to a vendor’s mishandling of the data, allowing unrestricted third-party access to 30,000 asset records. The violation posed a...

Today’s cybersecurity strategies are “not sufficiently robust or scalable,” Nuclear Threat Initiative says

The cyber threat to nuclear facilities is serious, but the challenge going forward is evident,” Dr. Page Stoutland, NTI vice president of scientific and technicals affairs, said in the post. “Threats and vulnerabilities will continue to mount. Today’s strategy is not sufficiently robust or scalable, and a high level of cybersecurity may never be compatible with current nuclear plant...

Insurers May Not be Able to Avoid Blockchain, Virtual Currencies ‘Sweeping Through Industry’

Virtual currency, such as bitcoin, is an unregulated digital form of currency that can be used as a substitute for legally recognized currency and eliminates the so-called “middle-man,” which includes banks and clearing houses. Learn more.

US Petrochemical Cybersecurity Must Be Increased Amid Growing Threats: Analyst

Eversheds Sutherland Partner Michael Bahar is quoted in articles for Petrochemical Update and Break Bulk regarding the need for US energy companies to include cybersecurity in their risk management strategy amid escalating threats to critical infrastructure. “With mounting evidence of preparatory attacks against the energy sector, owners and operators of critical infrastructure cannot...

A Dragonfly in the Ointment: Cyber Attacks on the Energy Sector May Signal Dark Days Ahead

On September 6, 2017, cybersecurity company Symantec reported an increased effort among cyber attackers to target the energy sector, both in Europe and the United States. The group believed to be behind the most recent intrusions into energy sector systems is known as Dragonfly. In their article for Cybersecurity Law & Strategy, Eversheds Sutherland attorneys Michael Bahar, Mark...

Cyber Kinks In The Global Supply Chain

The more interconnected industry becomes, and the “smarter” our products and supply chains grow, the more efficiencies we capture, and the more market opportunities open up; but, at the same time, the more vulnerable we become to cyber-disruption across the global supply chain. Learn...

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