President Biden Signs Cybersecurity Executive Order

Issue in Brief: President Biden signed an executive order aimed at improving federal cybersecurity, with the order coming on the heels of multiple major and damaging cyber attacks.

Key Takeaway: The goal of the executive order is to modernize cybersecurity defenses by protecting federal networks and improving information-sharing between the government and private entities on cyber matters.

On the Horizon: As a result of the executive order, federal contractors should expect heightened federal oversight and new standards related to cybersecurity, while the private sector should expect that these standards and practices will set a new baseline for cybersecurity defense and response.