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Colonial Pipeline hack highlights grid disruption risks even with IT-focused cyberattack, analysts say

Michael M. Santiago via Getty Images via Getty Images The cyberattack on Colonial Pipeline illustrates how difficult it will be for electric utilities to protect their grids from disruption , experts say , even when attacks are primarily targeting information technology (IT) systems. The Colonial ransomware attack never migrated into the pipeline s operational technology (OT) environment, and the company says the shutdown was a proactive safety measure. That s good protocol, security experts say, though it simultaneously exposes a vulnerability: If you have an attack on the IT network, the OT network is going to go down, according to electric utility sector security consultant Tom Alrich.

Ops Mgt , MLO Jobs; Renovation, Docs, Retention Non-QM Training Tools; Product Updates

Ops. Mgt., MLO Jobs; Renovation, Docs, Retention Non-QM Training Tools; Product Updates May 11 2021, 8:22AM The real estate and lending industries operate in a world filled with laws, lawsuits, and regulators. (The latest example is REX’s suit against Zillow and the National Association of Realtors – NAR - over the real estate segregation rule, which puts the interests of legacy real estate brokers before consumers.) Does this clip remind you of your Direct to Consumer Department? Hope not. And I hope that it’s not your Customer Complaint Department either. Here is something every compliance department should read: a National Law Review article pointing out the CFPB’s current thoughts on lending and servicing during the pandemic. Compliance departments are certainly aware of how compensation is paid to AEs and LOs. After analyzing data from its CompenSafe™ ICM platform, LBA Ware’s Q1 2021 comp report showed a slight decrease in basis points p

Robert Leach | Obituary | Times Tribune

Insuring Cyber Podcast: What the New Normal Means for Cyber Insurers, Coverage

Insuring Cyber Podcast: What the ‘New Normal’ Means for Cyber Insurers, Coverage More than a year has passed since pandemic-related government restrictions began, causing many businesses around the world to shift their workforce to remote. With increased reliance on technology, new work environments and greater use of at-home devices and networks in some cases, experts say cyber risks have grown as criminals find ways to exploit user data and gain access to passwords and systems. As a partial return to normal is sought by many, more than 806 million vaccine doses have been administered worldwide, according to New York Times data at time of publication. However, increased cyber risks due to the COVID-19 driven work from home environment are likely here to stay.

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