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Deloitte’s Mike Marshall: Federal Agencies Need ‘Proactive’ Cyber Strategy to Secure Financial Data

Deloitte's Mike Marshall: Federal Agencies Need 'Proactive' Cyber Strategy to Secure Financial Data - top government contractors - best government contracting event

cybersecurityFederal chief financial officers should ensure that their agencies prioritize cyber preparedness and have enough funds to acquire technologies against sophisticated threat actors, according to Mike Marshall, a director at Deloitte‘s advisory services practice.

Marshall said in a Deloitte Insights piece published Friday that he observed financial data have increasingly become a target for malicious nation states and organized crime groups.

He recommended that agencies implement cloud operations security, wireless device management, cybersecurity awareness training and digital hygiene programs to avoid network attacks.

Agencies should also develop incident response plans as well as shift from a reactive to a proactive cybersecurity approach that utilizes analytics, real-time data collection, visualization and threat assessment tools, according to Marshall.

“These techniques can help agencies better identify and predict threats and vulnerabilities, and establish operational practices that can proactively thwart hackers and mitigate the damage they do,” he added.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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