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11/04/2022
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A cyber insurance settlement could reshape the market. The White House gets a new assistant national cyber director for technology security. And a new strategy to secure the grid is on the way. This is CyberScoop for Nov 4.

NotPetya settlement shakes up cyber insurance

The settlement last week in a $100 million lawsuit over whether insurance giant Zurich should cover losses Mondelez International suffered from NotPetya may very well reshape the entire cyber insurance marketplace. Zurich initially denied claims from Mondelez after the malware, which experts estimate caused some $10 billion in damages globally, wreaked havoc on its computer networks. The insurance provider claimed an act of war exemption since it’s widely believed Russian military hackers unleashed NotPetya on a Ukrainian company before it spread around the world. Now, however, it’s increasingly clear insurers aren’t off the hook for NotPetya payouts or from covering losses from other attacks with clear links to nation-state hackers. Suzanne Smalley reports.


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Office of the National Cyber Director expands

The White House has named Anjana Rajan as assistant national cyber director for technology security. Rajan joined the executive branch on Oct. 24, after previously working as an entrepreneur-in-residence at Cornell University’s New York City-based technology, business, law and design campus, Cornell Tech. Office of the National Cyber Director Deputy Principal Director Kemba Walden said: “We are excited to welcome Anjana to the Office of the National Cyber Director. Her wealth of experience is already a great asset to our team and an important voice in our work.” John Hewitt Jones reports for FedScoop.


Announcing the winners of the 2022 FedScoop 50

Scoop News Group is thrilled to announce the winners of the 2022 FedScoop 50 awards. Now in their 11th year, the FedScoop 50 awards honor the most impactful leaders in the federal government who strive each day to leverage technology to transform government. Scoop News Group received more than 800,000 votes across the five categories in 2022. Check out the full list of winners.


Idaho National Lab takes on a grid cybersecurity plan

Idaho National Laboratory is developing an action plan with the National Institute of Standards and Technology to ensure utility companies and the rest of the energy sector use cyber-informed engineering when connecting to the electric grid. The action plan will build on the National Cyber-Informed Engineering Strategy released by the Department of Energy in June and ask organizations what they can do to help secure the grid of the future and contribute to standards bodies and frameworks. The strategy sets out the department’s core priorities for protecting the energy industry. Dave Nyczepir reports for FedScoop.


Suggested framework for cyber incident reporting

The Cyber Threat Alliance and the Institute for Security and Technology released a cyber incident reporting framework on Thursday. The group identified the main principals they believe CISA should consider as the agency works on the new law that would require critical infrastructure to report cyber incidents. The report comes as industry and stakeholders are concerned over what constitutes an incident and which companies should fall under the new mandate. The rule is potentially years away but CISA is undergoing listening campaigns around the country to hear from industry. Read the full report.


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