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Government

Department of Energy Invests $50 Million To Improve Critical Energy Infrastructure Security (helpnetsecurity.com) 51

Orome1 shares a report from Help Net Security: Today, the Department of Energy (DOE) is announcing awards of up to $50 million to DOE's National Laboratories to support early stage research and development of next-generation tools and technologies to further improve the resilience of the Nation's critical energy infrastructure, including the electric grid and oil and natural gas infrastructure. The electricity system must continue to evolve to address a variety of challenges and opportunities such as severe weather and the cyber threat, a changing mix of types of electric generation, the ability for consumers to participate in electricity markets, the growth of the Internet of Things, and the aging of the electricity infrastructure. The seven Resilient Distribution Systems projects awarded through DOE's Grid Modernization Laboratory Consortium (GMLC) will develop and validate innovative approaches to enhance the resilience of distribution systems -- including microgrids -- with high penetration of clean distributed energy resources (DER) and emerging grid technologies at regional scale. The project results are expected to deliver credible information on technical and economic viability of the solutions. The projects will also demonstrate viability to key stakeholders who are ultimately responsible for approving and investing in grid modernization activities. In addition, the Department of Energy "is also announcing 20 cybersecurity projects that will enhance the reliability and resilience of the Nation's electric grid and oil and natural gas infrastructure through innovative, scalable, and cost-effective research and development of cybersecurity solutions."
Businesses

Equifax Lobbied For Easier Regulation Before Data Breach (wsj.com) 104

WSJ reports: Equifax was lobbying lawmakers and federal agencies to ease up on regulation of credit-reporting companies in the months before its massive data breach. Equifax spent at least $500,000 on lobbying Congress and federal regulators in the first half of 2017, according to its congressional lobbying-disclosure reports. Among the issues on which it lobbied was limiting the legal liability of credit-reporting companies. That issue is the subject of a bill that a panel of the House Financial Services Committee, which oversees the industry, discussed the same day Equifax disclosed the cyberattack that exposed personal financial data of as many as 143 million Americans. Equifax has also lobbied Congress and regulatory agencies on issues around "data security and breach notification" and "cybersecurity threat information sharing," according to its lobbying disclosures. The amount Equifax spent in the first half of this year appears to be in line with previous spending. In 2016 and 2015, the company's reports show it spent $1.1 million and $1.02 million, respectively, on lobbying activities. While the company had broadly similar lobbying issues in those years, the liability matter was new in 2017.

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