Key Points
On Wednesday, May 12, 2021, President Biden issued EO 14,028, Improving the Nation s
Cybersecurity. The EO sets out an ambitious schedule of
reviews and rulemakings that portend significant changes in the
software and cybersecurity industries, particularly for government
contractors and cybersecurity and software solution providers. In
the view of the administration, these changes should be regarded as
the new normal of what will be considered reasonable
cyber and supply chain security practices applicable to the
government and potentially the private sector in other
industries and sectors.
Most importantly, the EO sets in motion a series of reviews and
rulemakings around two initiatives that will directly affect
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On Thursday, May 20, 2021, US President Biden signed an Executive Order, entitled Climate-Related Financial Risk (Climate Risk EO), that
sets the stage for the US federal government, including its
financial regulatory agencies, to begin to incorporate climate-risk
and other environmental, social and governance (ESG) issues into
financial regulation. The Climate Risk EO further demonstrates the
priority the Biden administration is giving to addressing climate
change and will likely accelerate ongoing efforts by federal
financial regulators to adopt new, climate risk-related
regulations. Of particular note, the executive order directs
By Chris Riotta
May 23, 2021
Tucked inside President Joe Biden s cybersecurity executive order is a plan to modernize and streamline federal procurement policy, which experts said lacked critical funding and resources to adequately implement within its ambitious timeframe.
The order in part seeks to overhaul a current patchwork of regulations and guidelines for the private sector and commercial marketplace around federal contractor cybersecurity requirements. This plan will require agencies and contractors to address numerous issues at once under short timeframes, from developing standards for software supply chain security to removing barriers to sharing threat information.
While private sector leaders expressed enthusiasm for improving cybersecurity requirements governmentwide as outlined in the order, they said the new policies may also yield duplicative, burdensome requirements and potential pitfalls in areas like information-sharing.
Last week, the White House issued a new Executive Order (the “EO” or “Order”) on cybersecurity. The EO responds to ever-increasing malicious cyber campaigns threatening the public and.
Hawaii Energy Systems, LLC
State and Local Fiscal Projections
Federal Borrowing
Unpacking the Financial Report
What Remains To Be Done
Key Reports
Report Suspected Fraud
Americas Fiscal Future Key Areas
Retirement Security Key Areas
Area Ratings
Meeting Strategic Challenges
Highlights
Hawaii Energy Systems, LLC (HES), of Aiea, Hawaii, protests the issuance of justifications and approvals (J&As) for the use of other than full and open competition in connection with solicitations for requirements in Hawaii and Guam, by the Department of the Navy, Naval Facilities Engineering Command. The protester argues that the agency improperly used the J&As to award contracts to firms at higher prices than what the protester contends it offered or would have offered.