Many Michigan manufacturers rely on government contracts for many different reasons. Some manufacturers leverage them to grow their business while others will use them to diversify the products that they produce. New regulations though, winning government contracts a little tougher. Or at least force Michigan manufactures to take a little deeper look into their cybersecurity.
New mandates on government contracts that are set to take effect December 31 of this year may cause manufacturers to find themselves shoveling out money to keep up with new cybersecurity policies. The upkeep is estimated to range a few thousand dollars to update company policies and up to $40,000 if a manufacturer’s security equipment needs to be updated. These include access control protocols of sensitive information, maintenance of security systems, and even an increase of the company’s physical security of their server room. You can find the new requirements in the National Institute of Standards and Technology (NIST) Special Publication 800-171.