Office of Management and Budget is setting forth data breach standards for federal contractors. The requirements include:
- Required improved data security controls
- Timely contractor reporting of all cyber incidents
- Contractors will be required to undergo Security assessments
- Contractors may face continuous monitoring by the government agency
- Increased business due diligence before entering into a contract
Details about the OMB workgroup and proposals for contract reform are available at the Improving Cybersecurity Protections in Federal Acquisitions wesbite.