capitol hill

House Passes Two Bills Aimed at Improving Cybersecurity for Small Businesses

Both measures, which aim to improve the Small Business Administration and resources for business owners, were adopted with bipartisan support.

Two pieces of legislation passed in the House of Representatives Monday seek to improve cybersecurity practices at the Small Business Administration and help small businesses across the country defend themselves against cyber threats.

The SBA Cyber Awareness Act, spearheaded by Rep. Jason Crow (D-Colorado), would require the agency to produce an annual Congressional report assessing its information technology and if any of its equipment was manufactured in China, The Hill reported. If the SBA was the victim of a cyber attack, the agency would have seven days to notify Congress and 30 days to notify individuals and small businesses affected by the incident.

“Our bill would require the SBA to be more proactive in protecting its data and more transparent in the event of a cyber breach,” Crow said on the House floor before the bill passed. “The goal of this bill is to put the SBA and the small businesses that it interacts with, and that depend on it, on the best footing possible to combat the rising threat of cyber attacks.”

The act was approved with bipartisan support, as was a measure that requires counselors at Small Business Development Centers -- run by the SBA -- to be certified in cybersecurity and assist business owners with protecting their businesses. The Small Business Development Center Cyber Training Act was spurred by the growing threats faced by business owners.

“Small businesses are increasingly popular targets for cyber criminals,” Rep. Steve Chabot (R-Ohio), who chairs the House Small Business Committee, said prior to the bill’s passage. “The average cost of a cyber attack on a small business is over $30,000 which can destroy, literally, a small business.”

Both bills have companion measures that have been introduced by Sen. Marco Rubio, who chairs the Senate Committee on Small Business & Entrepreneurship. The legislation is awaiting a vote.

About the Author

Haley Samsel is an Associate Content Editor for the Infrastructure Solutions Group at 1105 Media.

Featured

  • Maximizing Your Security Budget This Year

    Perimeter Security Standards for Multi-Site Businesses

    When you run or own a business that has multiple locations, it is important to set clear perimeter security standards. By doing this, it allows you to assess and mitigate any potential threats or risks at each site or location efficiently and effectively. Read Now

  • New Research Shows a Continuing Increase in Ransomware Victims

    GuidePoint Security recently announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report. In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals. Read Now

  • OpenAI's GPT-4 Is Capable of Autonomously Exploiting Zero-Day Vulnerabilities

    According to a new study from four computer scientists at the University of Illinois Urbana-Champaign, OpenAI’s paid chatbot, GPT-4, is capable of autonomously exploiting zero-day vulnerabilities without any human assistance. Read Now

  • Getting in Someone’s Face

    There was a time, not so long ago, when the tradeshow industry must have thought COVID-19 might wipe out face-to-face meetings. It sure seemed that way about three years ago. Read Now

    • Industry Events
    • ISC West

Featured Cybersecurity

Webinars

New Products

  • Unified VMS

    AxxonSoft introduces version 2.0 of the Axxon One VMS. The new release features integrations with various physical security systems, making Axxon One a unified VMS. Other enhancements include new AI video analytics and intelligent search functions, hardened cybersecurity, usability and performance improvements, and expanded cloud capabilities 3

  • EasyGate SPT and SPD

    EasyGate SPT SPD

    Security solutions do not have to be ordinary, let alone unattractive. Having renewed their best-selling speed gates, Cominfo has once again demonstrated their Art of Security philosophy in practice — and confirmed their position as an industry-leading manufacturers of premium speed gates and turnstiles. 3

  • QCS7230 System-on-Chip (SoC)

    QCS7230 System-on-Chip (SoC)

    The latest Qualcomm® Vision Intelligence Platform offers next-generation smart camera IoT solutions to improve safety and security across enterprises, cities and spaces. The Vision Intelligence Platform was expanded in March 2022 with the introduction of the QCS7230 System-on-Chip (SoC), which delivers superior artificial intelligence (AI) inferencing at the edge. 3