1. Home
  2. |Insights
  3. |Draft NIST Guidance Highlights Supply Chain Fundamentals as Key Practices in Cyber Supply Chain Risk Management

Draft NIST Guidance Highlights Supply Chain Fundamentals as Key Practices in Cyber Supply Chain Risk Management

Client Alert | 1 min read | 02.21.20

Last week, the National Institute of Standards and Technology (NIST) published the draft NISTIR 8276 “Key Practices in Cyber Supply Chain Risk Management” providing Key Practices and related recommendations for monitoring, controlling, and understanding how to conduct cyber – supply chain risk management (C-SCRM). The Eight Key Practices are general and apply equally, in practice, to both traditional supply chain management and C-SCRM, including:

  • Integrating SCRM across the organization,
  • Understanding the organization’s supply chain, and
  • Assessing and monitoring SCRM throughout the supplier relationship. 

Specific guidance includes, among others:

  • Increasing Board involvement in C-SCRM;
  • Understanding the cyber relationship with suppliers, including whether they process critical data; and
  • Using third-party assessments to evaluate suppliers.

The guidance should serve to remind organizations of the need to know their supply chain well and to have a purposeful approach to its management. Organizations have an opportunity to comment on this draft guidance until March 4, 2020.

Contacts

Insights

Client Alert | 3 min read | 06.03.26

Important EU Court Judgment Clarifies Rules on Interest Due in Cartel Damages Cases

In a judgment that will have direct and immediate consequences, the Court of Justice of the European Union (CJEU) has clarified that for all competition damages actions brought after 26 December 2014, interest runs from the date on which the harm occurred. The ruling addressed two important questions: (1) whether national provisions implementing Article 3(2) of the EU Damages Directive — which requires interest to run from the date harm occurred —apply to cases in which the harm preceded the adoption of those provisions; and (2) how the date of harm should be determined in cartel cases involving the purchase of goods at inflated prices....

View All Insights