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What is cybersecurity maturity model certification (CMMC) and why should you care?
2021-03-03 17:21:33| The Webmail Blog
What is cybersecurity maturity model certification (CMMC) and why should you care? nellmarie.colman Wed, 03/03/2021 - 10:21 If your organization works with the U.S. Department of Defense either as a prime contractor, subcontractor or supplier you need to prepare for major changes this year. Starting in 2021, some Department of Defense (DoD) contracts will require you to not only achieve a certain level of cybersecurity, but also have it certified by a third-party assessor. This certification program, known as Cybersecurity Maturity Model Certification (CMMC), will help ensure that everyone on a contract can keep the projects data secure. This is a shift from how the DoD has handled cybersecurity requirements in the past, when an organization often simply needed to self-attest that they were practicing essential cybersecurity hygiene. But given that cybercrime is predicted to cost $6 trillion globally in 2021, and continues to rise, these measures are not unexpected. So, how should you prepare? Although the DoD is still ironing out the details, you can start getting ready now by learning about the new requirements, getting to know the various certification levels and knowing who to reach out to for expert guidance. Who will need to be CMMC-certified? Its estimated that more than 300,000 organizations will require assessment and certification to one of the five CMMC levels. From small businesses providing HVAC maintenance to major defense contractors working on the newest military hardware, every member of the DoD supply chain will need to address CMMC. At the same time, that doesnt mean your entire organization needs to be compliant just the systems, processes and people involved in fulfilling the specific contract at the CMMC level in question. This is important, as the jump from Level 1 to Level 3 requires formal documentation and implementation of 113 additional security controls. However, the DoD estimates that most contracts will only require Level 1 certification. What are the CMMC levels? The level of compliance needed will vary based on the scope of work. So if you take the examples above, a business providing HVAC maintenance might just need to reach CMMC Level 1, while the company working on military hardware is probably looking at CMMC Level 5 certification. Lets take a brief look at what each level entails. Level 1: Basic cyber hygiene Safeguarding Federal Contract Information (FCI) At this level, you will be implementing basic cybersecurity best practices that every business should follow and that most suppliers have been required to follow since 2016, in accordance with FAR 52.204-21. For example, you will need to control and manage who has access to devices and data, establish strong password protections, implement firewalls, stay on top of software updates/patches and use antivirus protection. This helps protect Federal Contract Information (FCI), which is likely to be found in nearly every government contract. Level 2: Intermediate cyber hygieneTransitioning to protecting Controlled Unclassified Information (CUI) In Level 2, you will need to demonstrate that cybersecurity is not just practiced, but that you are effectively documenting, managing, reviewing and optimizing your practices. In doing so, youre preparing your organization to move ahead to Level 3. Level 3: Good cyber hygieneProtecting CUI Level 3 demonstrates that you are able to protect anything the government categorizes as CUI (i.e., information that is sensitive and not for public consumption, but not officially classified). It shows that you havent just implemented and documented the required cybersecurity practices, but that youre actively managing them as well. Level 4: Proactive cybersecurity Protecting CUI and reducing the risk of advanced persistent threats At this level, youre taking a more proactive approach to protecting the governments information. You will need to demonstrate that youre able to detect and respond to advanced persistent threats and adapt to their always-changing tactics, techniques and procedures. Level 5: Advanced/progressive cybersecurityIncreasing protection of CUI and further reducing the risk of advanced persistent threats Level 5 requires that you take a more advanced posture of proactive scanning and mitigation of advanced persistent threats standardizing and optimizing your processes, across your organization. While Level 4 can be more reactionary, Level 5 is more proactive. How can my business get CMMC certified? One of the keys to CMMC certification is the ability to break down and review your processes at every step, identify strengths and weaknesses, and develop remediation plans. If youve never done this before, reach out to an experienced Registered Provider Organization (RPO) who can help streamline your path to CMMC certification. The key is to reach out to an RPO early in the process, so you can avoid costly mistakes from the beginning and start with a strong foundation. As an authorized RPO, Rackspace Technology can help you achieve your certification faster, so you can remain competitive for DoD contracts moving forward. Were a leader in the government compliance enablement space, powering multiple FedRAMP and FISMA ATOs built on our managed service, and providing 24x7x365 hybrid-cloud management, operational support and security services as a packaged, on-demand, audited and pay-as-you-go service. Start your CMMC journey strong. Learn more about our CMMC certification services. What is cybersecurity maturity model certification (CMMC) and why should you care?Get to know about Cybersecurity Maturity Model Certification and how you can start getting ready now so you can remain competitive for Department of Defense contracts. Learn more about our CMMC certification services./compliance/cmmcGet started
Northeast Natural Energy Extends Credit Facilitys Maturity Date
2020-11-23 15:00:41| OGI
Private oil and gas company Northeast Natural Energy has entered into an amendment on Nov. 23 with its senior lending group led by EIG Global Energy Partners to extend the maturity of its current credit facility to December 2023 and provide significant additional liquidity to the company to execute on its go-forward business plan.
Tags: date
credit
natural
energy
UKCS data and digital maturity survey
2020-10-30 12:12:29| Oil IT Journal - www.oilit.com
Deloitte report for UK Oil and Gas finds the sector wanting. The fine report's fine print suggests otherwise.
Tags: data
digital
survey
maturity
E&P Digital Solutions: Six Levels of Digital Oilfield Maturity
2020-06-01 14:00:00| OGI
A true digital oil field delivers operational excellence by providing significant advantages in reporting and analytics.
Tags: digital
solutions
levels
maturity
Breakthrough: Four New Technologies to Solve, Change, & Disrupt Off-Lease Marketing as Increasing Volume of Lease Vehicles Reach Maturity & Move to the Auctions
2018-06-23 19:13:15| AutomotiveDigest.com - Automotive Industry News
The Situation in the Vehicle Remarketing Industry: The combined technology and vehicle remarketing services of KAR Auction Services, OPENLANE, Drivin, & TradeRev are delivering reimagined & new integrated auction services. How is this Being Accomplished?: By the integration of data science, machine learning, artificial intelligence and advanced cloud technology Recommend you drill-down. See what Peter Kelly of KAR Auctions Services is advocating to dealers and remarketers about the 4 technologies that are already being implemented, coded, and adopted by the Industry ______________________________________________________________________ The Article <a href="http://automotivedigest.com/wp-content/uploads/2018/06/KAR-OPEN-Lane-Drill-Down-Interview-3.pdf"> <img src="http://automotivedigest.com/wp-content/uploads/2018/06/Off-Lease-Cars-450x253.jpg" alt width="450" height="253" class="aligncenter size-medium wp-image-201173"><strong><span style="Font-size:150%;">Breakthrough: Four New Technologies to Solve, Change, & Disrupt Off-Lease Marketing as Increasing Volume of Lease Vehicles Reach Maturity & Move to the Auctions</span></strong></a> appeared first on Automotive Digest.