🔐Cybersecurity Regulation CIP-003-11 Proposed for Electric Utilities
Critical Infrastructure Protection Reliability Standard CIP-003-11-Cyber Security-Security Management Controls
Summary
The Federal Energy Regulatory Commission (Commission) proposes to approve Critical Infrastructure Protection (CIP) Reliability Standard: CIP-003-11 (Cyber Security--Security Management Controls). The North American Electric Reliability Corporation, the Commission- certified electric reliability organization, submitted the proposed Reliability Standard modifications to mitigate risks posed by a coordinated cyberattack on low impact facilities; the aggregate impact of which could be much greater.
Agencies
- Energy Department
- Federal Energy Regulatory Commission
Business Impact
$$$ - High
The proposed rule introduces compliance requirements for cybersecurity standards (CIP-003-11) affecting 1,673 U.S. entities in the electric sector, leading to significant financial and operational impacts. Businesses must adapt to new standards and incur additional costs related to policy changes and cybersecurity measures.