In the News – This Week in Critical Infrastructure: Week of November 6, 2017

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This Week in Critical Infrastructure we bring reports on provisions in the new House tax bill that could affect infrastructure funding,
the latest cyber reports from Australia and the UK, as well as a new report on supply chain resilience from the Business Continuity Institute.

House Committee Opts Out of Reinstating Critical Infrastructure Financing Tool

From Kim Slowey at Construction Dive, a look at provisions of the tax bill currently making its way through the House Ways and Means Committee. In an effort to increase federal revenue and offset other tax cuts, the committee has chosen to remove an exemption for private activity bonds (PABs), a common funding tool for public-private partnerships in support of major infrastructure projects. The Senate counterpart to the tax bill currently leaves this exemption untouched.

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Cyber Security Threat: Is Australia’s Power Grid Safe from Hackers?

In this report from Australia’s Sydney Morning Herald, Cole Latimer explores global reports on the rise of cyber attacks targeting energy infrastructure and the firms that own and operate it. The report concludes with a look at Australia’s risk from the perspective of recent government attempts to address troubling statistics showing widespread cyber vulnerabilities across the nation in recent years.

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5 Things You Need to Know about the Future of Cybersecurity

In this summary of lessons from WIRED Security event, Stephen Armstrong describes key concerns for the future of cyber security. These threats include the risk faced by critical infrastructure and the formidable power of the dark web as peer-to-peer technology makes users even harder to track.

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Business Continuity Remains Essential In Building Supply Chain Resilience

In this blog post from Global Trade magazine, GT Staff take a look at a report from the Business Continuity Institute that reports nearly three-quarters of examined organizations have business continuity arrangements related to supply chain management. This report also found a relatively low uptake by these organizations in the use of technology to monitor the performance of their supply chains. The report is available here.

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