Today’s LiveWire Spotlight examines the results of NERC’s settlement with a multi-Regional Registered Entity for 127 violations to the CIP standards. The agreement calls for the Entity to pay a $10,000,000 fine for their failure to organize, document, and support a viable cyber security program.
The settlement between NERC and the unnamed Entity will be finalized upon FERC’s approval. It serves as cautionary notice to every Client that auditors are inspecting cyber security programs to the nth degree and violations will be dealt with severely.