Last week, President Biden signed Executive Order 14144, introducing significant changes to cybersecurity requirements that will affect businesses of all sizes. Here’s what you need to know and how to prepare:

Why This Matters to Your Business

The order addresses a critical reality: cyber threats aren’t just a government problem. With companies facing billions in losses from cyber attacks and China identified as a persistent threat actor, these new measures aim to create a more secure digital environment for everyone.

Key Actions Your Business Should Consider

1. Software Security Documentation

• If your business develops software or provides IT services, prepare to demonstrate your security practices more thoroughly
• Begin documenting your software development security procedures
• Consider implementing automated security testing in your development pipeline

2. Supply Chain Risk Management

• Review your IT vendors and their security practices
• Document your third-party risk management procedures
• Consider implementing regular security assessments of your vendors

3. Identity and Authentication Updates

• Plan to upgrade to phishing-resistant authentication methods
• Review your current identity verification processes
• Consider implementing multi-factor authentication if you haven’t already

4. Cloud Security Improvements

• Audit your cloud service configurations
• Ensure your cloud providers meet the new security baselines
• Document your cloud security controls and practices

Practical Steps for Implementation

Immediate Actions (Next 90 Days):

• Conduct a security assessment of your current systems
• Begin documenting your security practices
• Review and update incident response plans

Medium-Term Actions (3-6 Months):

• Implement enhanced authentication methods
• Update vendor management policies
• Train staff on new security requirements

Long-Term Planning (6-12 Months):

• Consider AI-powered security tools
• Develop comprehensive security documentation
• Plan for regular security assessments

Protecting Your Business and Customers

While these changes may seem overwhelming, they represent essential steps in protecting your business and customers from increasingly sophisticated cyber threats. The key is to start preparing now, focusing on the most critical aspects first.

Need help understanding how these changes affect your specific business? Contact our team for a personalized assessment of your cybersecurity needs. See our Services to understand how we can help assess your current position and provide you the support you need in implementing new processes.

Remember: Strong cybersecurity isn’t just about compliance—it’s about protecting your business, your customers, and your future.