Federal Manager's Daily Report

OMB Issues Reporting Guidance and Deadlines under FISMA for Fiscal 2024

OMB has issued (in memo M-24-04) guidance to agencies on reporting requirements and deadlines for fiscal 2024 under the Federal Information Security Modernization Act including to measure implementation of zero trust initiatives, expand the automated reporting of metrics even where full automation is not yet achievable, and increase coordination with and visibility of continuous diagnostics and mitigation capabilities.

It further sets deadlines for agencies to report their information security and privacy programs; outlines requirements for reporting cyber incidents, including standards for one to be considered major; and more.

The memo also contains additional guidance on the Internet of Things Cybersecurity Improvement Act of 2020, including definitions of covered devices and technology, requirements for agencies to conduct inventories by the end of fiscal 2024, and standards for granting waivers of restrictions on such technologies.

Also, it says, an interagency working group is to be established to “leverage existing cybersecurity regimes and industry practices wherever feasible, so that IoT technology is appropriately integrated into the security frameworks and programs governing other forms of information technology.”

“This memorandum does not apply to national security systems, although agencies are encouraged to leverage this guidance to inform agency national security system management processes,” OMB added.

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