Regina Davis is NARUC’s Director of Communications and Public Affairs. She served in a similar role for the Maryland Public Service Commission before joining NARUC in 2015.
Marisa Lewis is a Communications Specialist for NARUC’s International Programs. She holds a BA in Foreign Affairs from the University of Virginia and an M.S. in Commerce from the University of Virginia McIntire School of Commerce.
This is the second in a two-part review of cybersecurity resources published through a partnership between the National Association of Regulatory Utility Commissioners (NARUC) and the United States Agency for International Development (USAID) under the Energy and Infrastructure Division of the Bureau for Europe and Eurasia.
The most recent publication, "Evaluating the Prudency of Cybersecurity Investments: Guidelines for Energy Regulators," is intended to assist regulators in defining tariffs by establishing a regulatory approach to enhance the cybersecurity stance of power systems.
It attempts to answer the following questions:
Which regulatory frameworks are best suited to evaluate the prudency of cybersecurity expenditures? How can regulators identify and benchmark cybersecurity costs? How can regulators identify good countermeasures for cybersecurity? How can regulators assess the reasonableness of the costs associated with these countermeasures? Is it possible to evaluate the effectiveness of cybersecurity investments? Who should identify, benchmark, measure, and evaluate the countermeasures in different regulatory frameworks?