CyberSecurity Bill Passes US House - would authorize SBDCs to offer cyber support
The U.S. House of Representatives passed the Improving Small Business Cyber Security Act of 2016 this week, to help small businesses protect themselves from cyberattacks. A companion bill is still working its way through the Senate. The bill, sponsored by Rep. Richard Hanna (R-NY), Chairman of the House Small Business Committee was approved by voice vote on a bipartisan basis. Here are the main nuggets from that press release : American small businesses are under cyberattack like never before. By one estimate, 71 percent of cyberattacks occurred in businesses with fewer than 100 employees. With America’s 28 million small businesses making up 54 percent of annual sales in the U.S., the frequency of such attacks and the high costs they create for small businesses could have ripple effects throughout our economy. Small businesses are often not prepared to prevent cyberattacks or easily recover from the damages of successful intrusions. A report by Internet security firm McAfe...