The U.S has faced a series of damaging cyberattacks over the past year, which has prompted the federal government to step in and provide new guidelines for the nation’s cybersecurity practices. This week President Joe Biden signed an executive order that calls for service providers to take new actions when working with the federal government in hopes of avoiding another widespread cyberattack. While the White House has made it a priority to improve national cybersecurity it will take effort from all parties, especially service providers, in order for the new measures to be effective. The order states that within 120 days of the issue date, government officials will start to ensure that service providers are sharing data with the government and complying with the additional orders.

The executive order has introduced new regulations for many different providers in the industry and service providers have their share of new requirements that will need to be implemented soon. First, service providers must update federal IT service contracts to ensure that cybersecurity data and information is being collected and saved. In addition, service providers are required to share this data and information with the government agency they’re working with in the event of an actual or potential cyberattack. In the event of a cyberattack or potential threat, service providers will need to work with federal cybersecurity agencies to mitigate the threat and implement additional technologies into their strategy. For example, this might include using a SOC-as-a-Service that can continuously monitor the network and cloud to detect a breach before it occurs. Finally, during an actual cyberattack, service providers will be required to share cyber threat information with the appropriate government agencies so that the proper remediation can be conducted.

Is your organization interested in securing your network before a cyberattack occurs? Schedule a demo with AgileBlue to learn how a SOC-as-a-Service can protect your organization from potential data breach.

Learn more about the new executive order here.