Report: Power Sector Supply Chain Dependent on Adversaries

Credit to Author: Sonal Patel| Date: Thu, 07 Dec 2023 16:28:09 +0000

On the grid level, interfaces typically consist of modules, which are made up of semiconductor-driven or semiconductor-controlled devices. Source: POWER/Generated with AI ∙ November 21, 2023 at 7:26 PM

An estimated 90% of software products used to manage the U.S. power grid contains code “contributions” from Russian or Chinese developers. The finding from cyber risk management solution firm Fortress […]

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Cybersecurity: Power Industry–Led Vendor Software Assurance Inventory Launched

Credit to Author: Sonal Patel| Date: Thu, 09 Feb 2023 16:14:35 +0000

Several major power companies have launched a software assurance database that will serve as a software bill of materials (SBOM) repository for the power industry. Part of a long-sought solution to address a critical supply chain cybersecurity risk, the collaborative effort announced on Feb. 8 seeks to help vendors identify and remediate vulnerabilities in software […]

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Cybersecurity: Power Industry–Led Vendor Software Assurance Inventory Launched

Credit to Author: Sonal Patel| Date: Thu, 09 Feb 2023 16:14:35 +0000

Several major power companies have launched a software assurance database that will serve as a software bill of materials (SBOM) repository for the power industry. Part of a long-sought solution to address a critical supply chain cybersecurity risk, the collaborative effort announced on Feb. 8 seeks to help vendors identify and remediate vulnerabilities in software […]

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Goldman Sachs Stake in Fortress Underscores Supply Chain Cybersecurity Priority

Credit to Author: Sonal Patel| Date: Wed, 20 Apr 2022 13:19:10 +0000

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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The ‘Weakest Link’ in Supply Chain Security

Credit to Author: Sonal Patel| Date: Tue, 22 Feb 2022 20:20:24 +0000

The energy transition will bring with it a new generation of cybersecurity challenges for the power sector. While information-sharing has been valuable, strategies to address issues related to vendor security, cyber talent, and lagging investment will also be critical, a former utility supply chain executive who led the development of an industry-wide cybersecurity risk exchange […]

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