On July 20, 2017, the National Academies of Sciences, Engineering, and Medicine (NASEM) released a report directing the U.S. Department of Energy (DOE) and the U.S. Department of Homeland Security (DHS) to develop solutions to improve the cyber and physical security and overall resilience of the US electrical grid. The report, which was first initiated by Congress following the massive outages caused by Hurricane Sandy in 2014 and is further driven by recent malware infections found on the servers at a nuclear plant, addresses threats to the grid posed by natural disasters and malicious cyberattacks.
In our current business environment, managing cybersecurity risks is of the utmost importance. Our own Tom Burton, Member of the firm’s Corporate & Securities Section and Founder and Chair of the firm’s Energy Technology Practice, was recently interviewed by Marcus McInnis, Director of Operations for Lockheed Martin’s Cybersecurity Innovation Center, on this increasingly popular topic. In the interview, featured by ThreatReady Resources, Tom discusses the impact of data breaches in the M&A context, prevention methods, and more.
For tips on protecting your company, click here to view the full interview.