What Is FIPS 140-3 and Why Does It Matter for Security Compliance?

This document provides an overview of FIPS 140-3, the current U.S. government standard for validating cryptographic modules, covering why it matters, the four security levels, the CMVP validation process, and recommendations for evaluating third-party cryptographic risk and supply chain security; it emphasizes requiring validated modules, preparing for FIPS 140-2 deprecation, and aligning vendor contracts and procurement to ensure cryptographic robustness.