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ACCESSWIRE
293 Leser
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Reliable Energy Analytics LLC: Software Supply Chain Risk Assessment Patent Issued to Reliable Energy Analytics REA

Finanznachrichten News

WESTFIELD, MA / ACCESSWIRE / June 28, 2022 / Today, REA is pleased to announce it has been issued patent number, 11,374,961, for its Software Assurance Guardian (SAG) METHODS FOR VERIFICATION OF SOFTWARE OBJECT AUTHENTICITY AND INTEGRITY for software products and the software supply chain (C-SCRM). REA was motivated to develop this patented technology to assess risk and trust in a software supply chain starting in November, 2018 after the Federal Energy Regulatory Commission (FERC) issued Order 850, "Supply Chain Risk Management Reliability Standards" [18CFR40] to protect the bulk electric grid from software supply chain risks. Recent reports of software supply chain attacks, such as those experience by Solarwinds and Log4j, have raised software consumer awareness on the need to conduct risk assessments on software products before procurement and before installing a product. These patented processes and technologies have been implemented in REA's SAG-PM C-SCRM risk assessment application to help small and medium businesses achieve this visibility into software risks.

The SAG patent describes seven steps containing detailed, technical practices and processes that are designed to help a software consumer determine the trustworthiness of a software object and its entire supply chain, expressed as a statistically calculated SAGScore, to make a risked based decision prior to procurement and installation of a software product, to proactively detect and prevent a cyber-attack. Evidence data is collected in thirteen separate files, as proof that cybersecurity controls are implemented and effective, for audit purposes. These patented SAG methods have been implemented in REA's flagship software risk assessment product, the Software Assurance Guardian Point Man (SAG-PM), which was first announced in April 2021, and now stands at version 1.1.8. Now, software consumers can reliably and consistently assess the trustworthiness of a software product and its entire supply chain using patented methods that apply best practices within each of the seven SAG risk assessment steps resulting in a trustworthiness SAGScore.

REA also operates, and serves as gatekeeper to, the Software Assurance Guardian Community Trust Registry (SAG-CTR) and the SAG-STAR labeling program. REA customers can declare their trust in a software product, and it supply chain, by submitting a trust declaration to REA for entry into the SAG-CTR informing others in the SAG community of their trust in a software product. Members of the SAG Community query the SAG-CTR for trust declarations, used as part of a SAG-PM risk assessment and calculation of a final SAGScore. Software vendors owning software products that achieve broad community support through an accumulation of customer trust declarations in SAG-CTR are eligible to display the SAG-STAR image on their marketing materials.

SAG-PM was created to provide affordable and effective software supply chain cybersecurity protections to small and medium businesses (SMB) operators of critical infrastructure that may lack cybersecurity skills on staff. SAG-PM implements best practices following Cyber Supply Chain Risk Management (C-SCRM) guidelines provided by the National Institute for Standards and Technology (NIST) in SP 800-161r1. SAG-PM has evolved to satisfy requirements of NERC CIP and the Cybersecurity Executive Order issued on May 12, 2021 (# 14028) following NIST's implementation guidelines for Software Bill of Materials (SBOM) and Vulnerability Disclosure Reports (VDR) issued on 5/5/2022, required to meet the Executive Order, ref: NIST RECOMMENDATIONS. A VDR is an attestation by a software vendor that they have checked each component of a software product in an SBOM for vulnerabilities and reports on the vulnerability status of each component, for a software product. A VDR is dynamically updated and maintained by the software vendor in order to answer the consumer question at any point in time, "What is the vulnerability status of a Software Product, NOW?"

Joanne Brooks, REA Co-Founder and Chief Operating Officer stated, "REA is a small, but highly skilled software engineering firm that aims to achieve broad market adoption of SAG-PM and the patented SAG methods by small and medium businesses. We are actively in discussions with better resourced organizations with an interest in taking the SAG patent and the SAG-PM software product to the next level."

Dick Brooks, REA Co-Founder and Chief Technical Officer stated, "The SAG-PM product has been designed as an all-in-one software supply chain risk assessment solution for small and medium businesses using a modular architecture. This enables REA software engineers to design, develop and apply the very best technical solutions within each of the seven steps in the patented process, and the SAGScore calculation in order to ensure that our customers have the best, and most current, protections available to guard against constantly evolving software supply chain risks and any new Tactics, Techniques and Procedures (TTP's) the hacker community introduces."

Parties interested in learning more about REA and the patented SAG methods and SAG-PM software are encouraged to reach out to REA via its contact form at https://reliableenergyanalytics.com/contact-us

Never trust software always verify and report!

CONTACT

Dick Brooks
Reliable Energy Analytics LLC
+1 978-696-1788, dick@reliableenergyanalytics.com

SOURCE: Reliable Energy Analytics LLC



View source version on accesswire.com:
https://www.accesswire.com/706777/Software-Supply-Chain-Risk-Assessment-Patent-Issued-to-Reliable-Energy-Analytics-REA

© 2022 ACCESSWIRE
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