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New DOD Trusted Capital Program Provides Investment Opportunities | Wiley Rein LLP

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WHAT: The U.S. Department of Defense (DOD) has established a new voluntary program designed to match critical technology companies with vetted sources of private capital.
WHEN: On December 1, 2020, DOD issued a Request for Comment on the Trusted Capital initiative; comments are due February 1, 2021. On January 13, 2021, DOD formally announced the establishment of the Trusted Capital Digital Marketplace.
WHAT DOES IT MEAN FOR INDUSTRY: Companies in the Defense Industrial Base (DIB) seeking investments may consider this initiative to gain access to vetted sources of capital and potentially lessen the risk of a transaction drawing scrutiny from U.S. regulators in the context of foreign investment reviews and other related processes. ....

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Government Must Pivot to the Intelligent Edge with Private Sector

Government Must Pivot to the Intelligent Edge with Private Sector
afcea.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afcea.org Daily Mail and Mail on Sunday newspapers.

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CMMC Accreditation Board has approved Aligned Technology Solutions as a Registered Provider Organization (RPO)

ALEXANDRIA, Va., Jan 11, 2021 (SEND2PRESS NEWSWIRE) Aligned Technology Solutions (ATS), a top ranked managed IT services provider headquartered in the Washington DC Region, is pleased to announce the CMMC-AB, has approved it as an RPO. This achievement officially marks the entry of ATS into the CMMC ecosystem and is part of the firm’s ongoing expansion of offerings to defense contractors and clients seeking assistance with CMMC.
“ATS is excited to join the CMMC-AB ecosystem and take this step in the CMMC Journey with our clients,” said Justin Weeks, a CMMC-AB Registered Practitioner, and Vice President of Cybersecurity & Compliance at ATS. “By assisting our customers in their preparation efforts to become CMMC Certified, we get to improve their Information Security posture, and contribute to the protection of The Defense Supply Chain.” ....

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CMMC, industrial capital strategy could continue in Biden's DOD -- FCW

The Defense Department s top buyer, Ellen Lord, said the incoming Biden administration will have to contend with adversarial investments and cybersecurity weaknesses in the contractor base. ....

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Cybersecurity and "Recognized Security Practices": New Statute modifies HIPAA | Polsinelli

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On January 5, 2020, President Trump signed into law H.R. 7898. This new statute amends the Health Information Technology for Economic and Clinical Health (HITECH) Act to require the Department of Health and Human Services (HHS) to consider efforts by HIPAA covered entities and business associates to implement “recognized security practices” when assessing fines or penalties under the HIPAA Security Rule.
The statute provides that if a HIPAA covered entity or business associate can demonstrate compliance for the previous twelve months with “recognized security practices,” then that entity may benefit in the following scenarios: ....

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