. https://www.itgovernanceusa.com/blog/dod-predicts-cost-of-fixing-cyber-vulnerabilities-will-surpass-250-million/

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DOD PREDICTS COST OF FIXING CYBER VULNERABILITIES WILL SURPASS $250 MILLION
The rise of the Internet of Things (IoT) has increased the need for the Department of Defense (DoD) to strengthen its cybersecurity defenses – something already long overdue. The DoD estimates that it may have to spend more than $250 million over the next four years to mitigate existing vulnerabilities. The money would cover an inventory of the facilities control systems, meeting risk management framework requirements, investing in training, human capital, and equipment, and more. However, as the inventory is incomplete, the estimated figures may rise – and this is before unexpected costs caused by the rapidly changing cyber landscape are taken into account. What does this mean for contractors working with the DoD? While the DoD is taking action to improve its cybersecurity measures, contractors must implement similar measures to comply with the Defense Federal Acquisition Regulation Supplement (DFARS), which is administered by the DoD. READ MORE