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Compliance to Cybersecurity Requirements and False Claims Act

Theres a growing risk of companies receiving substantial fines for not complying with cybersecurity standards under False Claims Act. Cybersecurity is a global concern for businesses that act as contract-based service providers for government entities. Companies that provide services to government entities could be liable for not honoring the terms of their contracts. Each false claim made that falls within the specifications of the FCA carries a fine of $5,500 to $11,000. Even the businesses that dont experience that consequence of noncompliance could find that a lack of cybersecurity readiness hinders operations.”]

Source: https://securityaffairs.co/wordpress/77824/security/false-claims-act-cybersecurity.html

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