Why Defense Contractors Handling FCI Must Comply with FAR & CMMC Level 1 Today
All defense contractors are a high value target of cyber attackers, even those that only handle federal contract information (FCI.) Why? Because you could be the weakest link in the chain and serve as the initial point of entry for the attackers.
If your company handles FCI, you must complete a compliance assessment and implement 17 cybersecurity controls under FAR today and CMMC Level 1 tomorrow.
If you don’t comply, you risk:
- False Claims Act Liability
- Cyberattack
- DoD debarment
- Permanent loss of business
Failing to comply with FAR & CMMC Level 1 can potentially create a significant liability under False Claims Act, which is part of the DoJ’s Civil Cyber-Fraud Initiative.
"We are announcing today that we will use our civil enforcement tools to pursue companies, those who are government contractors who receive funds, when they fail to follow required cybersecurity standards."
Under the False Claims Act, which is a federal law, any person who knowingly submits false claims to the federal government is subject to a civil money penalty of $11,803 up to $23,607 for each false claim. Additionally, the government can recover triple the amount of any damages it suffers as a result of the false claim.
Recently, Aerojet Rockdyne agreed to pay $9 million to resolve allegations that it violated the False Claims Act by misrepresenting its compliance with cybersecurity requirements in certain federal government contracts.
While the stakes are high for defense contractors of all types and sizes, compliance does not need to be costly, stressful or complicated. With CyberCatch, you can quickly complete the compliance assessment accurately and document attainment of compliance.
CyberCatch’s FAR/CMMC Level 1 Compliance Manager is the optimal solution for defense contractors and is most affordable. It provides workflow engine, compliance tips, and an AI-advisor for guidance and to answer any questions.
As you work towards compliance, the workflow engine efficiently tracks progress. Each of the 17 cybersecurity controls are organized by the 6 domains, as prescribed, so you can quickly complete the compliance assessment by indicating status for each control or requirement.
While completing your assessment, the compliance tips and AI-advisor are available to help clarify any questions with additional context. You can ask the AI-advisor any question and receive a detailed answer promptly – it’s like having a cybersecurity expert by your side to guide you, so you can complete the assessment accurately and implement each control properly.
The solution also includes policies and procedures templates, charts, reports and evidence repository. This way, you can upload evidence to document implementation of each control. A bonus feature of the solution is the repository of policies and procedures, which you can tap into if you are missing a control.
Your progress is tracked in real time across dashboards with scores and charts, and generates a System Security Plan (SSP) when the assessment is complete. Your final SSP will capture complete evidence of compliance.
Contact our team today to attain compliance with NIST 800-171 and CMMC quickly, avoid penalties and keep your business safe.
Check out a quick DEMO.
Learn More > https://cybercatch.com/defense/
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