Managed Security Firm Covers Up Security Deficiencies?

From the Washington Post Unisys are in the dog house.

The FBI is investigating a major information technology firm with a $1.7 billion Department of Homeland Security contract after it allegedly failed to detect cyber break-ins traced to a Chinese-language Web site and then tried to cover up its deficiencies, according to congressional investigators.

I wonder what sort of penalties exist in a contract like this and if the legalize could ever be enforced for such events?

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