Fortress in the News
The Asset to Vendor Network for Power Utilities (A2V) announced the group’s first new partner. Founded by Fortress Information Security (Fortress) and American Electric Power (AEP), A2V was formed to create a security partnership that allows power companies to share vital cyber-threat information and bolster cyber defenses. Atlanta-based Southern...
Foley & Lardner LLP represented Fortress Information Security LLC, an Orlando, Florida-based cybersecurity company specializing in protecting the supply chains of defense and utility organizations in a $12.5 million venture capital raise. Foley assisted Fortress in the structuring, negotiation and closing of the transaction.
Cybersecurity company Fortress Information Security LLC raised $4.5 million in investment, according to a U.S. Securities and Exchange Commission filing from May 14. The Orlando-based firm specializes in protecting the supply chains of defense and utility organizations.
Declaring a national emergency over threats to the U.S. bulk power system (BPS), President Trump in an executive order (EO) on May 1 issued a sweeping ban on transactions by U.S. persons for electric equipment sourced abroad if the U.S. government determines they pose undue security risks.
Trump’s grid security executive order will create vendor ‘black list,’ complicate equipment sourcing
Foreign adversaries are "increasingly creating and exploiting vulnerabilities" in the United States bulk-power system, according to the executive order, with "potentially catastrophic effects."
Fortress Information Security (Fortress) announced the launch of the Asset to Vendor Network for Power Utilities (A2V), a joint venture with American Electric Power (NYSE: AEP). A2V is designed to address concerns about protecting the U.S. power grid from cyber threats by promoting collaboration among electric companies. A2V will help reduce the...
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