OEB'S Cyber Security Readiness Report And Amendments To Electricity Reporting And Record-Keeping Requirements

On November 29, 2018, the Ontario Energy Board (OEB) announced that the Cyber Security Readiness Report (Cyber Report), along with amendments to the OEB's Electricity Reporting and Record Keeping Requirements (RRR), have been adopted and have come into effect. Licensed transmitters and distributors are now required to submit their first Cyber Report by April 30, 2019. The intention of the Cyber Report is to confirm to the OEB whether a licensee has implemented the identified activities related to cyber security readiness. The OEB will use the information from the Cyber Report to both assess the sector and individual licensee's state of readiness in order to determine if any further action is necessary. Further details on the completion and filing of the Cyber Reports are set out in the OEB's revised RRR.