Out With the Old, in With the New – CIP Version 5 on the Horizon

The Federal Energy Regulatory Commission (FERC) has proposed a rule to approve the long-awaited Version 5 of the North American Electric Reliability Corporation’s Critical Infrastructure Protection (CIP) Reliability Standards, which will overhaul the CIP regulatory framework and trigger new and revised compliance obligations for many users, owners and operators of the bulk electric system.  While Version 5 establishes “a more robust cyber security posture for the industry,” FERC seeks input on certain ambiguous aspects of Version 5.  Coops should start their internal compliance reviews with a view toward meeting the final, approved Version 5 and consider submitting comments to FERC.  Read the full Sutherland Legal Alert.

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