“Shoring up government cybersecurity falls into the category of easier said than done, despite a heavy emphasis due to the recent bombardment of attacks. In fact, that easier-said-than-done tag follows many government mandates and presidential prescriptions, which often carry zero Congressional funding.
The recent Biden Executive Order (EO), however, strikes a different tone – for one, because of its urgency, and for another, because of its backing.
Though not directly funded by any congressional dollars, Biden’s ‘Executive Order on Improving the Nation’s Cybersecurity’ trails a watershed funding surge for the Technology Modernization Fund (TMF). Housed at the General Services Administration (GSA), the TMF is a centralized pool of money loaned out in parcels to government agencies for capital improvement tech projects…”
“Though established in 2017 with the Modernizing Government Technology Act, the TMF has since found it difficult to find a foothold within the larger budgeting discussions, receiving scant payments. That was the case until recently when the American Rescue Plan passed, injecting stimulus across the country and depositing $1 billion into TMF coffers. The TMF Board will give cybersecurity projects priority consideration, as announced by GSA and the Office of Management and Budget (OMB).
Following an application and award process, TMF funds are used for modernization projects of all stripes – mainframes, contact centers, cloud and more…” Read the full article here.
Source: Your Roadmap for Meeting the Cyber Executive Order – By Isaac Constans, June 10, 2021. GovLoop.