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  • Blog
    February 12, 2021
    Smooth (and Secure) Operator: A Perspective on the Oldsmar Water Plant ICS Breach
    On February 5, 2021, the water treatment system for the city of Oldsmar, Florida was breached to such a degree that the sodium hydroxide level was briefly increased from the normal range of 100 parts per million (ppm) to 11,100 ppm — a level more suitable for household cleaners than for human consumption. While the FBI investigates the source and method of the attack, during a press…
  • Blog
    February 16, 2021
    Nearly a Year Into the Pandemic, Relief Fraud and Misuse of Government Funds Continue Unabated
    Thus far, the federal government has spent over $3 trillion to address the COVID-19 pandemic crisis, with additional monies expected to be provided by Congress in the next month or two. The sheer number of government assistance programs and volume of funding combined with the need to distribute quickly have presented significant challenges and increased the risk of fraud and misuse of the funds…
  • Blog
    February 18, 2021
    FERC Order 2222 Levels the Playing Field for Distributed Energy Resources
    The Federal Energy Regulatory Commission (FERC) final rule Order 2222, issued in September 2020, opens the country’s wholesale energy markets to distributed energy resources (DERs) like rooftop solar, behind-the-meter batteries and electric vehicles. This new order lifts many of the restrictions and barriers to entry to the wholesale market for DERs, including allowing them to aggregate. Before…
  • Blog
    February 24, 2021
    Ready to Strike a Deal? Five Best Practices to Ensure Repeatable Success in M&A Transactions
    According to a recent survey of executives, over 70% of companies plan on being involved in a merger or acquisition (M&A) in 2021. This is a welcome change from 2020, when deal value globally dropped 5% from last year, to $3.6 trillion – the lowest since 2017. As activity begins to quicken, organizations should view a potential M&A not as a long shot but as a likely path toward growth,…
  • Blog
    February 25, 2021
    Guidelines for Serving Limited English Proficiency Consumers Emphasize Expectations and Risks for Financial Institutions
    On January 13, 2021, the Consumer Financial Protection Bureau (CFPB) published a Statement Regarding the Provision of Financial Products and Services to Consumers with Limited English Proficiency (LEP). The statement is intended to provide principled guidelines to assist financial institutions when offering or expanding products and services to LEP consumers. The statement expands on observations…
  • Blog
    February 26, 2021
    Returning to the Office with an Adaptable, High-Performance Team
    The response to the pandemic from organizations can be classified into multiple phases. In the first phase, business leaders scrambled to equip teams for remote work. Later, ad hoc groups sprang up to devise return-to-office (RTO) plans. Soon after, many recognized they’d have to optimize tools and processes for remote collaboration that would last months longer than they had anticipated. And now…
  • Blog
    March 1, 2021
    Setting the 2021 Audit Committee Agenda: Your Questions Answered
    Following a year of unprecedented challenge and upheaval, the 2021 audit committee agenda has a different look than in years past. Issues such as the uncertain economic outlook, geopolitical tensions, a remote and distributed workforce, cybersecurity threats and changing customer demands will continue to disrupt business as usual and demand that business leaders remain alert and ready to pivot.…
  • Blog
    March 3, 2021
    Human Capital Reporting Is a New SEC Requirement – 8 Steps to Take Now
    Today’s economy is driven by talent, knowledge and innovation, precisely the factors created by human, rather than solely physical, capital. As a basis for making investment decisions, stakeholders have wanted more visibility into how organizations derive value from their workforce. How companies acquire and retain people – and how they deploy human capital to create value – speaks volumes about…
  • Blog
    March 4, 2021
    Virginia Becomes the Second State to Enact Consumer Privacy Law
    The Commonwealth of Virginia passed the Consumer Data Protection Act (CDPA) into law on March 2, 2021, following overwhelming bipartisan support for a state consumer privacy law. Virginia becomes the second U.S. state behind California to institutionalize a comprehensive consumer privacy law for businesses to govern, control and lawfully process personal information of Virginia’s residents. The…
  • Blog
    March 5, 2021
    Microsoft Discovers Multiple Zero-Day Exploits Being Used to Attack Exchange Servers
    On-Premises Exchange Servers and All Hybrid Systems Impacted On Tuesday, March 2, 2021, Microsoft released four out-of-cycle security updates for on-premises Microsoft Exchange Servers to address vulnerabilities that have been exploited in limited and targeted attacks by a previously unknown Chinese espionage group. Upon validating the attacks, Microsoft immediately shared patches of…
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