Federal Contractor to Pay $9M to Resolve Cyber-Related False Claims Case

FCW – Aerojet Rocketdyne, a jet propulsion company with Defense Department and NASA contracts, agreed to pay a $9 million settlement to conclude a lawsuit alleging the company lied to the federal government about its cybersecurity posture. The settlement, announced last Friday, stems from a whistleblower lawsuit launched in 2017 via the False Claims Act. The original complaint alleged that Aerojet was the victim of state-sponsored hacking attempts, which the firm reported but the company omitted mention that its targeted systems were not compliant with minimum cybersecurity hygiene standards required under its contracts with DoD and NASA. Please click here to read more.