Law360, New York (March 30, 2015, 3:41 PM EDT) -- On March 18, 2015, the Federal Communications Commission's industry-led advisory committee, the Communications Security Reliability and Interoperability Council, issued its final report on cybersecurity risk management, best practices and indicators of success. The report provides guidance and assistance tailored to each major sector of the communications industry for effective implementation of the Framework for Improving Critical Infrastructure Cybersecurity, a voluntary risk management tool developed in 2014 by the National Institute of Standards and Technology. Consistent with its charge by the FCC, the CSRIC also suggests voluntary mechanisms that industry can use to "give the Federal Communications Commission and the public assurance that communications providers are taking the necessary measures to manage cybersecurity risks across the enterprise."[1] This 415-page report is the most comprehensive effort to tailor and adapt the NIST Framework, which was designed to be useful across all critical infrastructure industries, for a specific industry. The report:...