From: Lexology
Alan Charles Raul, Clayton G. Northouse and Colleen Theresa Brown | Sidley Austin LLP
On Friday, December 4, President Obama signed the Fixing America’s Surface Transportation (“FAST”) Act, a $300 billion-plus highway and transportation law and the first comprehensive transportation spending law in a decade. Despite its title, the bill impacts a number of regulated sectors. Nestled within this 490-page law are 13 pages that pertain to cybersecurity and other protections for the electric grid. As detailed below, the FAST Act also includes a number of privacy and cybersecurity provisions relating to privacy notices by financial institutions as required by the Gramm Leach Bliley Act, event data records in vehicles, Internet of Things technologies, and connected cars.
Cybersecurity Legislation for the Electric Grid (§ 61003)
Perhaps motivated by Ted Koppel’s recent book Lights Out: A Cyberattack, A Nation Unprepared, Surviving the Aftermath, the FAST Act addresses several key regulatory requirements regarding cybersecurity protections for the electric grid. Now that this bill is law, we identify the basic elements of the new legislation.
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