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Well worth reading. The GAO has published a report at the end of July which they issued earlier in the year (March) on cyber security and IT across Federal agencies. Highlighting the need to make improvements in cyber and address some high risk areas including.
1. Develop and execute a more comprehensive federal strategy for national cybersecurity and global cyberspace‚Â . In September 2020, GAO reported that the White House’s national cyber strategy and associated implementation plan addressed some, but not all, of the desirable characteristics of national strategies, such as goals and resources needed.
2. Mitigate global supply chain risks‚Â . GAO reported in December 2020 that few of the 23 civilian federal agencies it reviewed implemented foundational practices for managing information and communication technology supply chain risks.
3. Address weaknesses in federal agencies information security programs.‚Â GAO reported in July 2019 that 23 agencies almost always designated a risk executive, but had not fully incorporated other key risk management practices, such as establishing a process for assessing agency-wide cybersecurity risks.
The report presents challenges for Federal government during the pandemic at a time when relations with Russia and China are strained. Stressing the importance of the Office of Management and Budget (OMB), challenging the value Federal gets from its annual $100 billion cybersecurity and IT investments.
Ted Dziekanowski Jason Spezzano Brian McCarthy
#cybersecurity‚Â #SupplyChainRiskManagement‚Â #CyberRiskManagement‚Â #compliance‚Â #cyberinsurance‚Â #insurance‚Â #regulatorycompliance‚Â #regulatoryoversight‚Â #esgrisk‚Â #cyberregulation‚Â #esgreporting‚Â #soc2‚Â #defenceindustry‚Â #esg‚Â #manufacturinguk‚Â #manufacturingsector‚Â #manufacturingindustry‚Â #defence‚Â #defenseindustry
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