To require covered contractors implement a vulnerability disclosure policy consistent with NIST guidelines, and for other purposes.

Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Bill 119 HR 872, also known as the "Vulnerability Disclosure Policy Act," aims to ensure that contractors working with the US government have a clear and consistent policy in place for reporting and addressing cybersecurity vulnerabilities. The bill specifically requires covered contractors to implement a vulnerability disclosure policy that aligns with the guidelines set forth by the National Institute of Standards and Technology (NIST).

The purpose of this legislation is to enhance the overall cybersecurity posture of the federal government by promoting transparency and accountability in the handling of vulnerabilities. By requiring contractors to establish a formal process for receiving and addressing reports of vulnerabilities, the bill seeks to improve the timely identification and remediation of potential security threats.

In addition to mandating the implementation of a vulnerability disclosure policy, the bill also includes provisions for the protection of individuals who report vulnerabilities in good faith. This is intended to encourage individuals to come forward with information about potential security weaknesses without fear of retaliation. Overall, Bill 119 HR 872 represents a proactive approach to strengthening cybersecurity within the federal government by promoting best practices for vulnerability management and fostering a culture of collaboration between contractors and government agencies.