In a paradigm shift for cybersecurity, President Biden signed an ambitious Executive Order (the Order) on May 12 to address the increasingly sophisticated threats by malicious cyber actors to the nation's software supply chains and federal information systems. The Executive Order on Improving the Nation's Cybersecurity seeks to modernize federal government cybersecurity, improve information sharing between federal agencies and the private sector, and enhance the nation's resiliency to cyber-attacks. While the Order primarily focuses on concrete steps the federal government must take to adopt cybersecurity best practices, there are several provisions that will also significantly impact government contractors, subcontractors and other private sector entities. These changes come at a critical time for such organizations, especially those that are diligently working to meet Cybersecurity Maturity Model Certification (CMMC) requirements.
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