Information Security Spending Will Top $101 Billion By 2020 | Information Week
Spending on security services will drive much of the growth, IDC says in new forecast
Source: Information Security Spending Will Top $101 Billion By 2020
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OMB mum on IT modernization details | FederalNewsRadio.com
Federal CIO Tony Scott shared more clues about the guidance and metrics of the administration’s plan to modernize the government’s aging IT infrastructure.
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Defense Has Cut 40K Civilians, But Doesn’t Know How Much Money That Has Saved – Management – GovExec.com
The Pentagon also is unable to determine how many contractors it has lost.
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Federal CIO: Prep For Modernization Funds But Don’t Count On Them – Nextgov.com
Legislation that would create working capital funds for modernization could help, but aren’t guaranteed to pass.
Source: Federal CIO: Prep For Modernization Funds But Don’t Count On Them – Nextgov.com
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How Can Government Buying Match the Best in Business? | IBM Center for the Business of Government
The “Category Management” initiative, started under the leadership of former OMB executive Anne Rung, is expanding to help the federal government buy goods and services in ways similar to how leading companies operate.
Source: How Can Government Buying Match the Best in Business? | IBM Center for the Business of Government
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Fair Pay policy lawsuit: Solid argument or ‘sky is falling?’ – FederalNewsRadio.com
The inevitable has come to pass: a federal contracting association has legally challenged the Fair Pay and Safe Workplaces final rule.
Source: Fair Pay policy lawsuit: Solid argument or ‘sky is falling?’ – FederalNewsRadio.com
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Another Credit Card Embezzlement Scheme: PNWC’s Government Contracting Update
Just a week ago, we reported on a case where a highly trusted contractor employee embezzled $825 thousand from his company by using a company issued credit card for personal expenses. Now we have another misuse of company credit card case being reported by the Department of Justice. This time, the perpetrator made $1.3 million in unauthorized personal charges to a company credit card. He has pleaded guilty and has agreed to pay restitution and when he appears for sentencing, faces additional fines and possibly prison time. This time however, the perpetrator was not someone in a trusted position in the company – he was a lowly accountant who got away with the embezzlement for four years. Cases like these should really be wake up calls for companies to examine their own company-issued credit card policies and related internal controls. As we all know, “trust” is not an internal control.
Source: PNWC’s Government Contracting Update: Another Credit Card Embezzlement Scheme
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Video: How Will GSA Initiatives Fare During the Presidential Transition? – Nextgov.com
The agency’s tech initiatives may shake up when a new president comes in.
Source: Video: How Will GSA Initiatives Fare During the Presidential Transition? – Nextgov.com
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Cost Realism: Using Offeror’s Actual Rates Was Unobjectionable – SmallGovCon
GAO denied a protest challenging use of the offeror’s actual, historic indirect rates and current direct labor rates in a cost realism evaluation.
Source: Cost Realism: Using Offeror’s Actual Rates Was Unobjectionable – SmallGovCon
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Why Defense Contractors Should Embrace Insider Threat Requirements – Nextgov.com
Contractors should embrace government’s new cybersecurity standards.
Source: Why Defense Contractors Should Embrace Insider Threat Requirements – Nextgov.com
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