FISMA (Federal Information Security Management Act)

The Federal Information Security Management Act (FISMA) is a statutory framework established by the U.S. government to ensure the security of its related information systems. Under FISMA, federal agencies must create and maintain comprehensive information security plans that outline strategies for managing risks to data and ensuring compliance with applicable standards and regulations. In terms of procurement, FISMA requires agencies to develop security strategies that are tailored to their procurements, taking into account the potential risks and costs associated with acquiring IT products or services. Additionally, contracting officers must conduct due diligence to determine whether vendors are capable of providing adequate, secure solutions. By strictly adhering to these requirements, agencies will be able to protect their information from malicious third-party actors.