Cybersecurity

NIST eyes IT asset management for financial services industry

A team of federal, state and local cybersecurity experts is looking for partners to develop an IT asset management system that can help the financial services industry protect its critical IT gear from electronic attack.

According to a May 6 notice in FedBizOpps, the National Institute of Standards and Technology and the National Cybersecurity Center of Excellence (NCCoE) are seeking collaborators to provide products and technical expertise in creating a model, standards-based system that financial services companies could use to integrate existing asset management technology, hardware and software support, and IT security into a single system.

NCCoE is a partnership among NIST, Maryland and Maryland's Montgomery County that facilitates the rapid adoption of standards-based cybersecurity solutions for business and public organizations using commercially available technologies.

IT assets in the financial services industry range from company smartphones and laptops to major database and network servers. Managing those assets is a complex task that goes far beyond keeping track of where they are, the FedBizOpps notice states. Software -- both operating systems and programs -- must be kept up-to-date, and organizations must be able to rapidly and seamlessly respond to new threats from malware or cyberattacks. An IT asset management (ITAM) system is the answer to those challenges, NIST officials said in a statement.

NCCoE is looking for technology vendors interested in working on a "reference design" to demonstrate how companies can tie their existing data systems for physical assets and IT into a comprehensive ITAM.

Details of the challenge are outlined in a recently released ITAM "use case" -- a tool software engineers use to define a system's functional requirements.

About the Author

Mark Rockwell is a staff writer at FCW.

Before joining FCW, Rockwell was Washington correspondent for Government Security News, where he covered all aspects of homeland security from IT to detection dogs and border security. Over the last 25 years in Washington as a reporter, editor and correspondent, he has covered an increasingly wide array of high-tech issues for publications like Communications Week, Internet Week, Fiber Optics News, tele.com magazine and Wireless Week.

Rockwell received a Jesse H. Neal Award for his work covering telecommunications issues, and is a graduate of James Madison University.

Click here for previous articles by Rockwell. Contact him at mrockwell@fcw.com or follow him on Twitter at @MRockwell4.


The Fed 100

Read the profiles of all this year's winners.

Featured

  • Then-presidential candidate Donald Trump at a 2016 campaign event. Image: Shutterstock

    'Buy American' order puts procurement in the spotlight

    Some IT contractors are worried that the "buy American" executive order from President Trump could squeeze key innovators out of the market.

  • OMB chief Mick Mulvaney, shown here in as a member of Congress in 2013. (Photo credit Gage Skidmore/Flickr)

    White House taps old policies for new government makeover

    New guidance from OMB advises agencies to use shared services, GWACs and federal schedules for acquisition, and to leverage IT wherever possible in restructuring plans.

  • Shutterstock image (by Everett Historical): aerial of the Pentagon.

    What DOD's next CIO will have to deal with

    It could be months before the Defense Department has a new CIO, and he or she will face a host of organizational and operational challenges from Day One

  • USAF Gen. John Hyten

    General: Cyber Command needs new platform before NSA split

    U.S. Cyber Command should be elevated to a full combatant command as soon as possible, the head of Strategic Command told Congress, but it cannot be separated from the NSA until it has its own cyber platform.

  • Image from Shutterstock.

    DLA goes virtual

    The Defense Logistics Agency is in the midst of an ambitious campaign to eliminate its IT infrastructure and transition to using exclusively shared, hosted and virtual services.

  • Fed 100 logo

    The 2017 Federal 100

    The women and men who make up this year's Fed 100 are proof positive of what one person can make possibile in federal IT. Read on to learn more about each and every winner's accomplishments.

Reader comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

More from 1105 Public Sector Media Group