Blog

Strengthening Cybersecurity with Exostar and the CHIPS and Science Act of 2022 

Posted by: Jenna Brankin June 02, 2023 Collaboration, Compliance, Cybersecurity, Supply Chain Management

As an innovative solution provider in secure B2B collaboration, Exostar is committed to ensuring the security of the sensitive data and intellectual property of our customers, including those in the Defense Industrial Base (DIB) who must meet the specific requirements of the Department of Defense (DoD). With over 150,000 organizations in 175 countries using The Exostar Platform, we prioritize cybersecurity and constantly implement new features and products to protect our customers’ data and information in the face of evolving cyber threats and regulatory requirements, like the Creating Helpful Incentives to Produce Semiconductors and Science Act of 2022 (CHIPS Act).  

What is the CHIPS and Science Act of 2022? 

The CHIPS and Science Act of 2022 aims to strengthen American manufacturing, supply chains, and national security. It provides significant investments in semiconductor research, development, and production in the United States to reduce reliance on foreign sources, to drive innovation and create jobs, and to secure the domestic supply chain. 

Summary: CHIPS and Science Act of 2022 

The implications of the CHIPS and Science Act for cybersecurity are significant, given the potential growth in the breadth and depth of the domestic semiconductor supply chain and the need to secure it. Controlling the security of the supply chain, minimizing the risks for malicious actors to infiltrate and exploit the industry’s hardware and software, and reducing the potential impacts of supply chain attacks and other cybersecurity threats are top priorities of this legislation. 

How The Exostar Platform Supports Companies Who Wish to Capitalize on the CHIPS and Science Act of 2022 

The Exostar Platform delivers a multi-layered approach to cybersecurity and compliance that includes technical and administrative capabilities and controls that ensure the highest protection for our customers’ data and information.  

The Exostar Platform’s suite of products includes: 

  • Onboarding Module for supply chain management throughout the relationship lifecycle, which allows for streamlined and secure onboarding, monitoring, and recertification of suppliers and vendors.  
  • Exostar’s Managed Microsoft 365 for Secure Collaboration and CMMC (Cybersecurity Maturity Model Certification) 2.0 compliance provides a secure, trusted, and compliant environment for collaboration and data sharing with a familiar and fulfilling user experience.  
  • Trusted Single Sign-On (SSO) and Multi-factor Authentication provide additional layers of security to ensure only authorized users can access applications and sensitive information without the burden and risk of maintaining multiple credentials. 

Onboarding Module for Supply Chain Management 

The Exostar Platform’s Onboarding Module simplifies and accelerates the onboarding and lifecycle management process for customers, partners, and suppliers, enabling organizations to conduct business more efficiently and effectively. With the challenges of complex supply chains, rapidly changing markets, and increasing compliance requirements, the time required to complete partner onboarding continues to grow and can take up to 90 days through other methods. The Onboarding Module’s customizable workflows and data, selection of partners (many of whom likely already belong to the Exostar Community), automated partner recertification, and open integration with external systems and data sources provide flexibility and extensibility based on a Community Master Data Model (MDM). The Exostar Community, a trusted network of vetted partners that spans more than half the DIB, can be accessed through The Exostar Platform, allowing for faster search, evaluation, and onboarding.  

Exostar’s Managed Microsoft 365 for Secure Collaboration 

Built on Azure and resides in Microsoft’s Government Community Cloud (GCC) High environment, Exostar’s Managed Microsoft 365 for Secure Collaboration provides advanced security and compliance features to protect against cyber threats while helping companies meet regulatory requirements for cybersecurity. 

Managed Microsoft 365 is specifically designed for: 

  • DIB (Defense Industrial Base) SMB (Small or Medium sized Business): Provides secure document storage and collaboration tools and satisfies 85 of 110 NIST (National Institute of Standards and Technology) 800-171 controls through a shared tenant, saving time and money  
  • DIB Enterprise: Includes all the features of the DIB SMB offering, as well as identity validation and a dedicated tenant 

By using Exostar’s Managed Microsoft 365 for secure collaboration, organizations can protect themselves from cyber threats while remaining compliant with regulations. Our solution provides a comprehensive approach to cybersecurity that includes advanced security features and promotes compliance with industry standards such as NIST SP 800-171/CMMC 2.0. With our solution, organizations can collaborate and share information securely and efficiently without worrying about their data’s security. 

Trusted Single Sign-On (SSO) and Multi-factor Authentication 

Trusted Single Sign-On (SSO) and Multi-factor Authentication provide additional layers of security to ensure only authorized users can access applications and sensitive information. Our SSO solution eliminates the need for multiple usernames and passwords or other forms of credentials, making it easier, faster, and safer for users to access the systems they need. Multi-factor authentication adds an extra layer of security by requiring users to provide multiple forms of identification to access systems. 

Strengthen Your Cybersecurity with Exostar 

By partnering with Exostar, organizations can benefit from robust, efficient collaboration and communication while maintaining the highest levels of security and compliance. Our solutions provide numerous benefits to our customers, including enhanced visibility and increased business efficiency, the ability to make informed decisions in real time, compliance with industry and government regulations, and improved security and protection against cyber threats. 

In today’s digital landscape, cybersecurity is more important than ever. The CHIPS and Science Act of 2022 will drive innovation, create jobs, and improve national security. Our solutions for secure collaboration provide a comprehensive approach to protecting our customers’ data and information. Consider partnering with Exostar to strengthen your organization’s cybersecurity and collaboration capabilities, stay ahead of the ever-evolving cyber threats, and take full advantage of the opportunities afforded by the CHIPS and Science Act of 2022.