Latest / Trade Compliance Brief - Export Control and Sanctions Insights
DOJ's $2M Warning: The Honeywell Cybersecurity Settlement, NIST 800-171, and False Claims Act Risks
In this episode of the Trade Compliance Podcast, we break down the Department of Justice’s recent enforcement action against Honeywell Aerospace. Honeywell agreed to a $2.04 million settlement to resolve allegations under the False Claims Act (FCA) for failing to meet vital U.S. Department of Defense cybersecurity requirements.
We explore how technical non-compliance with NIST SP 800-171 translates into severe financial and reputational risk for defense contractors. Furthermore, we discuss the rising threat of whistleblower (qui tam) lawsuits and what trade compliance officers must do to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.