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Small Business Cyber Resiliency Act

3/13/2024, 5:08 PM

Summary of Bill S 2740

Bill 118 s 2740, also known as the Small Business Cyber Resiliency Act, is a piece of legislation introduced in the US Congress aimed at helping small businesses improve their cybersecurity measures. The bill focuses on providing resources and support to small businesses to enhance their ability to prevent and respond to cyber threats.

One of the key provisions of the bill is the establishment of a grant program that would provide funding to small businesses to implement cybersecurity measures. This includes investing in technology, training employees, and developing incident response plans. The goal is to help small businesses better protect their sensitive information and customer data from cyber attacks.

Additionally, the bill calls for the creation of a Small Business Cybersecurity Assistance Unit within the Department of Homeland Security. This unit would be responsible for providing guidance and support to small businesses on cybersecurity best practices, as well as coordinating with other federal agencies to ensure a comprehensive approach to cybersecurity for small businesses. Overall, the Small Business Cyber Resiliency Act aims to address the growing threat of cyber attacks on small businesses by providing them with the resources and support needed to strengthen their cybersecurity defenses. By investing in cybersecurity measures, small businesses can better protect themselves and their customers from the potentially devastating impacts of cyber attacks.

Current Status of Bill S 2740

Bill S 2740 is currently in the status of Bill Introduced since September 7, 2023. Bill S 2740 was introduced during Congress 118 and was introduced to the Senate on September 7, 2023.  Bill S 2740's most recent activity was Read twice and referred to the Committee on Small Business and Entrepreneurship. as of September 7, 2023

Bipartisan Support of Bill S 2740

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
8
Democrat Cosponsors
6
Republican Cosponsors
2
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 2740

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 2740

Small Business Cyber Resiliency Act
Small Business Cyber Resiliency Act
A bill to help small businesses prepare for and combat cybersecurity threats, and for other purposes.

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