Defense contractors to pay $8.4 million over charges of failing to meet federal cyber standards
U.S. defense contractors Raytheon and Nightwing Group have agreed to pay $8.4 million to the government in a settlement regarding allegations of insufficient cybersecurity measures. The CODEX division of Raytheon failed to adhere to federal cyber standards over several years, compromising non-classified defence information.
Key Points
- Raytheon violated cybersecurity contract terms, resulting in an $8.4 million settlement.
- Allegations stem from failing to meet government cybersecurity standards from August 2015 to June 2021.
- The company did not develop a required system security plan.
- The case was brought forward by a whistleblower, who will receive over $1.5 million from the settlement.
- Nightwing Group, previously part of Raytheon, has also been implicated in this case.
- This case highlights the increasingly stringent enforcement of cybersecurity compliance under the False Claims Act.
Why should I read this?
If you’re interested in the intersection of defence, cybersecurity, and compliance, then this article is definitely worth your time! It highlights the critical issues surrounding federal contracts and cybersecurity standards, showing how serious the consequences can be for failure to comply. Plus, it’s a fascinating peek into how whistleblowers can impact corporate accountability!