In support of the 100-Day Plan to Address Cybersecurity Risks to the U.S. Electric System
The Biden administration’s 100-day plan to address cybersecurity risks to the U.S. Electric System includes a task to facilitate a forum to explore and examine opportunities to incentivize participation in this Initiative and the adoption of industrial control system (ICS) cybersecurity monitoring technologies, which includes the exploration of leveraging insurance products as incentive mechanisms.
Axio is proud to be part of this initiative. On July 7-8, 2021, we brought together leaders from government, cybersecurity, insurance, and electric utilities to accelerate and amplify the necessary dialogues for change. The event was closed to the press.
The Energy Cybersecurity Insurance Forum included discussions on the current state of insurance for ICS cyber risk in the electric sector, concepts for enhancing such coverages, and the potential for using insurance to incentivize investment in ICS cybersecurity.
397 people registered for the event. 270 attended day 1 and 198 attended day 2. This document provides a recap and key points from the event.