CWC 2023News

Electrosoft Secures $37.8 Million Contract for Cybersecurity Assistance with Department of the Treasury’s Bureau of Engraving and Printing

Electrosoft, a Reston, Virginia-based organization, has been awarded a potential five-year, $37.8 million contract from the Department of the Treasury’s Bureau of Engraving and Printing (BEP) for cybersecurity assistance. Under this contract, Electrosoft will provide support to the bureau’s Office of Critical Infrastructure and Information Technology Security (OCIITS) with security program management, analytical, and technical cybersecurity work.In the face of constant cyber threats, government agencies like BEP must continually monitor, detect, and respond to dynamic cyber attacks while also remaining compliant with shifting regulations and guidelines. Sarbari Gupta, CEO of Electrosoft, expressed the company’s honor in supporting BEP OCIITS’ mission and helping strengthen the agency’s cybersecurity posture.Electrosoft’s contracting responsibilities include a range of cybersecurity services, such as security assessment and authorization, audit and compliance, information system security officer support, and cyber engineering. Additionally, the company will establish and operate a 24/7 security operations center to assess and handle potential cyber incidents within OCIITS’ IT ecosystem.The Bureau of Engraving and Printing plays a critical role in producing secure U.S. notes, amounting to approximately 8 billion annually, and other important security documents. These operations heavily rely on computer-based systems, making cybersecurity assistance paramount.Through the services provided by Electrosoft, BEP will work towards achieving compliance with significant laws and regulations, including the Federal Information Security Management Act, Office of Management and Budget Circular A130, Department of the Treasury security policy, and BEP IT security policy and procedures.This is not the first significant contract win for Electrosoft in the realm of cybersecurity. Last month, the company secured a $4.5 million contract from the International Trade Administration within the Department of Commerce. Under this one-year award, Electrosoft is responsible for creating, maintaining, and analyzing information system security and privacy documentation while providing security training.Prior to that, Electrosoft was awarded a $5.4 million recompete contract from the Defense Logistics Agency to support the Information Operations (J6) Program Executive Officer (J62) with systems security and engineering services.With these contracts, Electrosoft solidifies its position as a trusted partner for government agencies, providing critical cybersecurity services to bolster their defense against the ever-evolving landscape of cyber threats. The company’s expertise and commitment to strengthening cybersecurity posture make it an invaluable asset in the ongoing battle against cyber attacks.

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