A source-backed monthly briefing covering OT/ICS cybersecurity developments, cyber insurance market signals, and industrial risk intelligence — built for practitioners, risk owners, and insurers who need signal, not noise.
April's issue focuses on tail risk in OT cyber-physical environments — why severe outcomes dominate the economics, why checklists and generic scoring often mislead, and what that means for how you model, communicate, and transfer risk.
[Download the April Newsletter →]
What you'll get:
— What mattered this month: OT tail risk as a fat-tail problem — cascades, dependencies, and feasibility as the real drivers of severe loss, and why bounded uncertainty is the standard you should hold your models to.
— OT cyber attacks and incidents: Stryker's March cyberattack and its operational impact on manufacturing and surgical scheduling; Nova Scotia Power's data breach and long-tail recovery; UMMC's nine-day cyber crisis and a $34.2M revenue shortfall that outlasted the outage.
— Regulation and policy developments: UK Cyber Security and Resilience Bill clears committee; FCC expands Covered List to include foreign-made consumer routers with OT-adjacent implications; FERC approves CIP-003-11 for low-impact BES Cyber Systems.
— Threat signals: ODNI 2026 Annual Threat Assessment on nation-state and ransomware risk to critical infrastructure; Mandiant M-Trends 2026 on exploit dwell times and backup-targeting; Claroty Team82 on remote access as the dominant attack vector across 200+ cyber-physical incidents.
— Cyber insurance and risk transfer: CFC on U.S. market softening under claims pressure; Coalition's 2026 claims data on ransomware demand escalation; Aon on volatility building beneath favorable placement conditions; WTW framing geopolitical disruption as a balance-sheet problem.
— Industry events: Where to find DeNexus this spring — Level Zero, Cyber Insurance Awards, ASTIN, Fortinet, Gartner Risk Summit, SANS ICS Security Summit.
— Coming next month: The OT cyber insurance gap — where recoverability is decided early.