FAIR Institute Blog

FDA Proposes a “Probabilistic,” Scenario-based Approach for Medical Device Cyber Risk

[fa icon="calendar'] Jun 8, 2022 7:45:00 AM / by Jacqueline Lebo posted in Government

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The U.S. Food and Drug Administration (FDA) recently proposed a rule that would require the “medical device system” to conduct risk analyses to manage cybersecurity risk throughout the lifecycle of a medical device and its connected network.

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SEC Proposes Rules for Faster, More Defensible Cyber Risk Reporting. It Could Do Better Still

[fa icon="calendar'] Mar 16, 2022 8:49:15 AM / by Nicola (Nick) Sanna posted in FAIR Institute, Government

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The Securities and Exchange Commission recently proposed amendments to its rules that would require reporting on cyber risk in a fast, “consistent, comparable and decision-useful manner,” as SEC Chair Gary Gensler said – a goal that effectively calls for regulated public companies to run a cyber risk management program based on risk quantification

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Energy Department Presents a FAIR-based Risk Management Model for Federal Government

[fa icon="calendar'] Mar 10, 2022 10:09:01 AM / by Jeff B. Copeland posted in Government, FAIR Conference 2022

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Attention federal agencies looking to implement risk-based spending for cybersecurity: At the first quarterly event in the 2022 FAIR Conference series, Ignatius Liberto, Director, Cybersecurity Compliance and Oversight (IM-32), Office of the CIO, U. S. Department of Energy, presented a successful model

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Senate Passes 'Strengthening American Cybersecurity Act,' Requires a Federal Cyber Risk Model

[fa icon="calendar'] Mar 10, 2022 9:33:51 AM / by Jeff B. Copeland posted in Government

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The Senate recently passed the Strengthening American Cybersecurity Act that directs the Office of Management and Budget to “develop a standard model for informing a risk-based budget for cybersecurity spending.”

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SEC Chair Gensler Signals Tighter Cybersecurity Reporting Coming, Opening the Way for Risk Quantification

[fa icon="calendar'] Jan 27, 2022 6:45:00 AM / by Jeff B. Copeland posted in Government

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In a speech this week, Securities and Exchange Commission Chair Gary Gensler said he has asked SEC staff for recommendations to update requirements for cybersecurity practices and cyber risk disclosure by public companies, as well as financial sector companies and their third-party vendors.

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Leading Advocate for Cybersecurity Rep. Jim Langevin to Leave Congress

[fa icon="calendar'] Jan 24, 2022 1:38:29 PM / by Luke Bader posted in Government

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Rep. Jim Langevin (D-RI), a pioneer of cybersecurity legislation and oversight in Congress and an advocate for FAIR™, announced that he won’t seek re-election this year after 11 terms. 

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FAIR Institute Calls on SEC to Require Disclosure of Top Cyber Risks in Financial Terms

[fa icon="calendar'] Jan 11, 2022 2:55:29 PM / by Luke Bader posted in FAIR Institute, Government

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The board of the FAIR Institute sent a letter to Gary Gensler, Chairman of the Securities and Exchange Commission, calling for the SEC to direct disclosure of top cyber risks in financial terms as a “critical means to better understand the impact of cybersecurity events

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Senate Confirms Chris Inglis, Former NSA Deputy Director and FAIR Conference Speaker, to Be National Cyber Director

[fa icon="calendar'] Jun 18, 2021 8:48:00 AM / by Jeff B. Copeland posted in Government, Recognition for FAIR

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The Senate has confirmed the nomination of Chris Inglis as the new national cyber director, coordinating cybersecurity across civilian agencies from the White House.

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Jack Jones on the Cybersecurity Executive Order: Bold Changes, but Missed Opportunity for Measuring Risk?

[fa icon="calendar'] May 20, 2021 9:36:51 AM / by Jack Jones posted in Jack Jones, Government

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I’m thrilled with many of the provisions in the President’s recent Executive Order on Improving the Nation’s Cybersecurity. The tiered software security ratings system, the IoT consumer labeling, the cybersecurity review board, and the emphasis on sharing information on breaches and other cyber incidents, are all bold initiatives

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FAIR Institute Pres. Nick Sanna’s Message to SEC Nominee Gary Gensler: "Stop the Opaqueness of Cyber Risk Reporting"

[fa icon="calendar'] Mar 10, 2021 2:30:09 PM / by Nicola (Nick) Sanna posted in FAIR Institute, Government

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In his recent Senate confirmation hearing, the pressure was on Gary Gensler, the new Administration’s nominee

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