What Are Federal Information Processing Standards (FIPS)?

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Federal Information Processing Standards (FIPS) are essential for federal agencies and contractors to ensure the security of sensitive information, such as classified data, personally identifiable information, and financial data. 

This article will describe some of the most common FIPS security standards, their importance, and how federal agencies and contractors use them. We will also discuss the recent updates to FIPS security standards, such as FIPS 140-3 and FIPS 186-5, and how they impact federal information security.

 

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What is IRS 1075?

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The federal government has strict and comprehensive regulations on how agencies handle constituents’ personal information. This is just as true for tax information. The IRS leans on established guidelines associated with federal security to dictate regulations for agencies that handle tax information and, by and large, treats that information as a sensitive and critical part of operations. These guidelines are housed in the robust regulatory document called IRS 1075. 

 

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