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Satisfying Stakeholders And Shareholders

Posted: Sun Dec 22, 2024 5:02 am
by mmehedi*#
There is great variance from company to company as to what constitutes real security, or if compliance in and of itself is enough. Those who settle for mere compliance may render themselves vulnerable to hacking and cyber-attacks.


Government and private industry have others to consider in the implementation of NERC standards. Lobbyists and those they represent have much at stake when it comes to cybersecurity efforts as do shareholders in private sector industries. Both must be satisfied and achieving that is no small feat. The government is under pressure to keep the compliance threshold low which makes it difficult for the power sector to truly attain real security against cyber attacks. In the utilities industry, any australia mobile number list free regulatory oversight costs money that that’s the bottom line which in turn affects the shareholder. Any meaningful exchange of information will require a tandem effort. As President Obama stated at the recent Cybersecurity Summit, “Government cannot do this alone. But the fact is that the private sector can’t do it alone either because it is government that often has the latest information on new threats.”9

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The Influence Of Vendors
Vendors are attempting to impose their own influence in the ongoing implementation of cybersecurity measures in the energy sector. Most companies that have international control systems utilize equipment from various vendors. These vendors incorporate their own security and visibility into their products.