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House Looks at Small Business Cyber Protection

Posted By Administration, Tuesday, May 15, 2018

The U.S. House of Representatives has passed a bill — which will now go to the Senate — to help small businesses do battle against hackers. The bill was generated in the House Small Business Committee and it orders the Small Business Administration (SBA) to develop a cyber counseling certification program to give cybersecurity training to employers and employees at small business development centers.

The bill — if passed by the Senate and signed into law by the president — will require the SBA to reimburse the development centers the cost associated with that training. However, the cost cannot top $350,000 in a year.

This was a bipartisan effort by Ohio Republican Rep. Steve Chabot and Pennsylvania Democrat Rep. Dwight Evans. Idaho Republican Sen. Jim Risch — who chairs the Senate Small Business and Entrepreneurship Committee — said he’ll introduce this in the Senate.

 

Source link: The Hill

Tags:  House Looks at Small Business Cyber Protection  Insurance Content  Insurance Industry  Insurance News  Weekly Industry News 

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