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Trump Targets Foreign Technology in New U.S. Power Grid Security Order

Trump's Executive Order 14420 declares a national emergency to restrict foreign-made bulk-power grid equipment over cyber, sabotage and supply-chain risks.

Executive Order 14420, signed August 26, declares a national emergency regarding the foreign supply of bulk-power system electric equipment to the United States. It empowers the Energy Secretary to restrict transactions with designated Covered Foreign Entities involving equipment, software, firmware, digital services, maintenance services, and remote-access capabilities. Covered equipment includes transformers, generators, inverters, RTUs, PLCs, intelligent electronic devices, and protective relays, with transmission rated 69 kV or higher in scope while local distribution is excluded. Already-installed foreign equipment may be subject to identification, isolation, monitoring, or replacement requirements, with phased compliance and pre-qualified vendor exemptions permitted.

Security Affairs · 19d agoPolicy & legal

Conti Ransomware Hacker Sentenced After Group Attacked Over 1,000 Victims Worldwide

Ukrainian national Oleksii Lytvynenko sentenced to four years in US prison for his role in Conti ransomware attacks on 1,000+ victims.

Oleksii Oleksiyovych Lytvynenko, 44, pleaded guilty to conspiracy to commit wire fraud for working as a developer and intruder in the Conti ransomware operation, coding a malware loader and handling data stolen from 12 victims. Conti compromised over 1,000 victims across 47 US states and 31 foreign countries between 2020 and 2022, generating more than $150 million in ransoms. He was arrested in County Cork, Ireland in July 2023 and extradited to the US. The sentencing is part of a wider US investigation into the Conti and TrickBot ecosystem.

Cyber Security Newsupdated · 5d agofirst · 6d agoPolicy & legal 7 sources