Prepare your small business for new cybersecurity rules and regulations

TLDR: The Defense Department is implementing a more stringent phase of the Cybersecurity Maturity Model Certification (CMMC) rules, which will eventually affect defense contractors and subcontractors. Small businesses should anticipate future investments and costs for complying with the new rules. Compliance can be simplified with self-assessment, but contractors must carefully follow the requirements and rules to avoid legal and financial consequences. Contractors should also consider investing in software platforms or cyber solutions to assist with compliance and plan for the costs associated with future self-assessments. It is important for contractors to consult with legal and accounting advisors to fully understand how the CMMC rules apply to their specific company.