- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2025-03-27T12:49:00
Yet another government contractor has been slapped with a fine by the Department of Justice (DOJ) for applying lax cybersecurity defenses on sensitive government data.
Massachusetts-based defense contractor Mission Oriented Rapid Solution Engineering (MORSE) Corp will pay a $4.6 million fine for violating the False Claims Act (FCA) when it failed to comply with cybersecurity requirements in its contracts with the Army and Air Force, the DOJ said in a press release Wednesday.
While the Trump administration and its so-called Department of Government Efficiency (DOGE) have hobbled regulatory agencies, paused enforcement of certain laws and rolled back regulations, the DOJ has made it clear that contractors that place sensitive government data in jeopardy, and misrepresent the quality of their cybersecurity protocols to the federal government, will continue to be dealt with harshly.
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2025-04-10T16:32:00Z By Adrianne Appel
Many financial firms have mere days to notify New York about whether they have complied with the state’s strict cybersecurity regulations, and to gear up for new requirements rolling out May 1 and beyond.
2025-03-28T14:22:00Z By Thomas Graham, CW guest columnist
Many small organizations within the Defense Industrial Base are struggling to meet the rigorous requirements validated through the Cybersecurity Maturity Model Certification, writes Thomas Graham, CISO at Redspin. If you haven’t been tracking it closely, CMMC was finalized in October, with an effective date of December 16, 2024.
2024-10-16T15:34:00Z By Aaron Nicodemus
It was a double whammy of cybersecurity no-nos for a federal contractor hit with a data breach: The personal data of Medicare beneficiaries contained in unencrypted screenshots were allegedly compromised when their third-party vendor’s server was hacked.
2025-04-18T17:45:00Z By Oscar Gonzalez
The U.S. Consumer Financial Protection Bureau continues to unravel amid pressure from Trump administration officials to shutter the agency. Not only has the agency informed its employees that it will no longer be a watchdog for the financial services industry, it has also laid off employees despite court orders blocking ...
2025-04-15T07:30:00Z By Aaron Nicodemus
The Consumer Financial Protection Bureau dropped yet another consumer protection lawsuit against a bank or fintech provider since Donald Trump was sworn in as president in January. This time, it was with Comerica Bank.
2025-04-11T08:00:00Z By Adrianne Appel
Block Inc., maker of the popular Cash App, has been hit with a $40 million fine by New York for its alleged failure to report suspicious activity. The move marks the latest in a string of recent state and federal enforcement actions against the company.
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