Regulatory Due Diligence: Tips for Completing a NERC Internal Assessment
Last month, we asked our audience: which NERC CIP standard governs the incident response plan for cyber systems? Overall, the most voted answer was CIP-008, with 65 percent of the vote. In second place, PRC-005 received 18 percent. In third place, CIP-010 received 12 percent of the vote. Finally, CIP-005 received six percent of the vote.
The correct answer is CIP-008. NERC standard CIP-008 governs the incident response plan for cyber systems, which requires entities to develop and implement plans for reporting and responding to cybersecurity incidents affecting their critical cyber assets. This standard specifies the requirements for identifying, classifying, responding to, and reporting cybersecurity incidents to ensure the reliable operation of the Bulk Electric System.
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NERC – As regulatory expectations evolve, NERC audit readiness is crucial. Entities must stay vigilant to avoid costly penalties and maintain reliability. Download and read our comprehensive white paper to strengthen audit readiness, enhance internal controls, and align compliance programs with the latest NERC requirements.
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NERC – NERC PRC-005 is a cornerstone standard for maintaining the reliability of the BES. By adhering to these rigorous standards, organizations can foster long-term grid stability and contribute to a sustainable energy future. Download and read our white paper to gain tips on PRC-005 compliance.
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