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FERC, NERC joint report on cyber incident response at electric utilities

Security Affairs

The US FERC and NERC published a study on cyber incident response at electric utilities that also includes recovery best practices. Federal Energy Regulatory Commission (FERC) and the North American Electricity Reliability Corporation (NERC) released a study on cyber incident response and recovery best practices for electric utilities.

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SHARED INTEL: Poll shows companies pursuing ‘Digital Trust’ reap benefits as laggards fall behind

The Last Watchdog

DigiCert’s survey presents hard evidence that trust can be the basis of a winning business model. That’s the assessment of the 2024 Edelman Trust Barometer , a study highlighting the rapid erosion of digital trust, to the point of exacerbating polarized political views. Assure that these policies are enforceable.

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Russia Sanctions May Spark Escalating Cyber Conflict

Krebs on Security

The West has promised tougher sanctions are coming, but experts warn these will almost certainly trigger a Russian retaliation against America and its allies, which could escalate into cyber attacks on Western financial institutions and energy infrastructure. ” What kinds of attacks are experts most concerned about?

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RedEnergy Stealer-as-a-Ransomware employed in attacks in the wild

Security Affairs

RedEnergy is a sophisticated stealer-as-a-ransomware that was employed in attacks targeting energy utilities, oil, gas, telecom, and machinery sectors. Zscaler ThreatLabz researchers discovered a new Stealer-as-a-Ransomware named RedEnergy used in attacks against energy utilities, oil, gas, telecom, and machinery sectors.

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FERC Adopts Supply Chain Risk Management Reliability Standards

Hunton Privacy

At its October monthly meeting, the Federal Energy Regulatory Commission (the “Commission”) adopted new reliability standards addressing cybersecurity risks associated with the global supply chain for Bulk Electric System (“BES”) Cyber Systems. These standards have been in development for some time.

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STEPS FORWARD: Math geniuses strive to make a pivotal advance — by obfuscating software code

The Last Watchdog

Simply put, iO must be achieved in order to preserve privacy and security while tapping into the next generation of IT infrastructure. It will, of course, be vital to have these next-gen, AI-infused systems run securely, in ways that preserve individual privacy. An intolerable security bottleneck, in fact, is taking shape.

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Ethical Use of Data for Training Machine Learning Technology - Part 3

AIIM

Present a Bleak Perspective. The nervous energy had been replaced with exhaustion. Microsoft developed a set of 6 ethical principles that span fairness, reliability and safety, privacy and security, inclusiveness, transparency and accountability. You can also check out Part 1 and Part 2 from this series. AI Now Institute.