To identify current cyber vulnerabilities, a federal contractor might conduct an assessment guided by an independent security auditor and NIST framework (SP 800-171, SP 800-53, and NIST SP 800-37 Rev. 2), while others may conduct routine cyber employee training and acquire cyber liability insurance. These measures, and more, are now requirements to qualify for federal contracts, either as a prime contractor or as a subcontractor. Some of these laws and regulations are:
Winvale’s FC Cyber Risk Report was created as a compensatory security measure that can be an effective tool for protecting federal contractors and their subcontractors. According to the Ponemon Institute, 74% of an organization’s users will reuse the same login email and password across their online accounts. With this knowledge, cyber criminals and Nation State actors hack third-party web sites and identify passwords from one account that may easily lead to “hacking into” your company email and network. Our FC Cyber Risk Report helps federal contractors better understand stolen emails and passwords and can help protect their organization from cybercrime and espionage.