Navy Cracking Down on NIST
Happy Monday! The Navy is cracking down on NIST SP 800-171 compliance and contractors who are not compliant, need to begin as soon as possible. On September 6th, 2019, the Navy Marine Corps Acquisition Regulation Supplement (NMCARS) was updated and within it, is a list of requirements that contractors are required to meet immediately. These requirements include DFARS Clause 252.204-7012, NIST SP 800-171 controls, and more. The Navy will begin reviewing System Security Plans and Plan of Action & Milestones soon, to ensure that contractors are in fact meeting the requirements
In other news, a brokerage in Chicago is being charged $1.5 million for allowing hackers to access the company’s email system and steal $1 million from a customer. The amount the company is paying includes the $1 million reimbursement to the customer and a $500,000 fine. The attack occurred because the company’s IT Engineer entered login information as a response to a phishing email, and the next day, knowing something wasn’t right, the engineer decided not to tell anyone what had occurred. The hackers used the information provided by the engineer to transfer the funds to a China bank. The company did not disclose the breach to its customers for a long time after, violating U.S. regulations.
Don’t forget! Our CEO, Richard Astle, is a finalist in the Cox Business News 2019 Get Started Rhode Island event on October 2nd, 2019. This event is a “shark tank” type of competition between startup business leaders to pitch their ideas in front of an audience and a panel of judges. NeQter Labs would love your support at the event, and it’s free to attend! If you want to support us, click the link here to register!
That’s all for today! Thank you for tuning in to this week’s segment of “Mondays With Miranda!” Keep up to date with current news by following NeQter Labs on Twitter, Facebook, and LinkedIn. We love comments and questions, so drop me an email email@example.com. Enjoy your week!