Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Instagram Outage Disrupts Thousands of U.S. Users 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nvidia Nears $20 Billion OpenAI Investment as AI Funding Race Intensifies 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
WASHINGTON, July 13, 2016 -- Electric utilities are taking a deeper look at security and supply chain risk. There is progress across the board: corporate security governance, understanding of threats, differentiating compliance from security, even security spending. UTC, the Utilities Technology Council, surveyed its member utilities to learn their current thinking on cybersecurity and supply chains. The results are presented in UTC's new report, Utility Security and Supply Chain Risk Management. All respondents were utility employees – this report has the voice of utilities.
The report examines ten key issues, often with non-intuitive responses from our members:
Utilities take a common approach to security reporting structures.
As an industry, utilities have a consistent view of risk.
How consistently is risk viewed within one utility?
Most utilities spend approximately the same percentage of their OT budget on security.
Does compliance really, truly drive security spending?
Security policy development is not where you think it is.
One factor indicates whether or not the Board is involved in Security.
How well are utility security functions aligned?
Different sized utilities think differently about supply chain risk.
How does centralization correlate to the size of a utility?
Beyond merely reporting the responses, UTC provides analysis and links multiple questions to reach sometimes surprising about utilities' current state of mind. The report offers recommendations for each of these ten topics. This report has something for everyone. For utilities it is a solid baseline, answering the question, "Am I doing enough about security?" For vendors and other technology partners, the report examines key points about which utilities care. The UTC report, Utility Security and Supply Chain Risk Management, can be purchased at www.utc.org/resources
About UTC
The Utilities Technology Council (UTC) is a global trade association dedicated to serving critical infrastructure providers. Through advocacy, education and collaboration, UTC creates a favorable business, regulatory and technology environment for our members who own or operate Information and Communication Technology (ICT) systems in support of their core business. www.UTC.org
CONTACT: Atossa Shafaie, UTC
Marketing Manager
[email protected]
202-833-6828
