The system must lockout accounts after 3 invalid logon attempts within a specified time period.
The account lockout feature, when enabled, prevents brute-force password attacks on the system. The higher this value is, the less effective the account lockout feature will be in protecting the local system. The number of bad logon attempts must be reasonably small to minimize the possibility of a successful password attack, while allowing for honest errors made during a normal user logon.
How this relates to the STIG checklist: STIG vs SCAP benchmark.