Bureau of Engraving and Printing Awards Electrosoft $37.8M Cybersecurity Support Contract
Wednesday, July 26, 2023
Prime contract for BEP's Office of Critical Infrastructure and Information Technology Security
RESTON, Va., July 18, 2023 /PRNewswire/ -- Electrosoft Services, Inc., a rapidly growing cybersecurity and IT solutions firm, announced today that the Department of Treasury, Bureau of Engraving and Printing, Office of Critical Infrastructure and Information Technology Security (OCIITS) has awarded the company a contract valued up to $37.8 million to provide cybersecurity support to OCIITS. The five-year prime contract includes a one-year base period of performance plus four option years.
"In today's environment of continuous cybersecurity threats, federal agencies must relentlessly monitor, detect and respond to dynamic cyberattacks, while complying with evolving regulations and guidance," said Dr. Sarbari Gupta, Electrosoft CEO. "We are honored to support the BEP OCIITS mission and assist with strengthening the agency's cybersecurity posture."
BEP supports the Federal Reserve System by producing 8 billion notes annually in secure U.S. printing facilities. In addition to U.S. currency, the BEP produces vital security documents. BEP relies on its computer-based systems to support these core functions.
Under this contract, Electrosoft will provide BEP's OCIITS with security program management support and analytical and technical cybersecurity support to protect BEP assets. Support areas include security assessment and authorization, audit and compliance, information system security officer (ISSO) support and cyber engineering. An important part of this contract is to assist BEP in establishing and operating a 24x7 security operations center (SOC) to monitor and respond to potential cyber incidents within their IT environment.
Electrosoft will support BEP to achieve compliance with the Federal Information Security Management Act, Office of Management and Budget Circular A-130, Department of Treasury security policy, BEP IT security policy and procedures, and other relevant laws and regulations.
About Electrosoft
Electrosoft delivers comprehensive technology-based solutions and services that propel mission success for federal government customers. Specializing in cybersecurity, Electrosoft supports civilian and defense organizations in advancing cybersecurity postures, achieving digital transformation and adopting agile approaches to improve operational efficiency and security. Recognized for deep domain knowledge and mature management practices, the company is rated at Maturity Level 3 for CMMI-DEV and CMMI-SVC and is certified under ISO 9001, ISO 20000-1 and ISO 27001. The rapidly growing 8(a), economically disadvantaged, women-owned small business (EDWOSB) and WOSB is headquartered in Reston, Virginia. Learn more at www.electrosoft-inc.com.
Press Contact:
Jeanne Zepp
jzepp@electrosoft-inc.com
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SOURCE Electrosoft Services, Inc.
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