Small Business Cybersecurity Act Now Law

Monday, August 20, 2018 @ 09:08 AM gHale

The NIST Small Business Cybersecurity Act, S. 770 ended up signed into law Tuesday.

Formerly known as the MAIN STREET Cybersecurity Act, the act requires NIST to “disseminate clear and concise resources to help small business concerns identify, assess, manage, and reduce their cybersecurity risks.”

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The resources to be provided are informational. They must be generally applicable to a wide range of small businesses; vary with the nature and size of small businesses; promote cybersecurity awareness and workplace cybersecurity culture; and include practical application strategies. The resources must further be technology-neutral and compatible with COTS solutions; and as far as possible consistent with international standards and the Stevenson-Wydler Technology Innovation Act of 1980.

Use of these resources by small businesses is voluntary. 

The bi-partisan act was authored by U.S. Senators Brian Schatz (D-Hawaii) and James Risch (R-Idaho), and co-sponsored by Senators John Thune (R-S.D.), Maria Cantwell (D-Wash.), Bill Nelson (D-Fla.), Cory Gardner (R-Colo.), Catherine Cortez Masto (D-Nev.), Maggie Hassan (D-N.H.), Claire McCaskill (D-Mo.), and Kirsten Gillibrand (D-N.Y.).

“As businesses rely more and more on the internet to run efficiently and reach more customers, they will continue to be vulnerable to cyberattacks. But while big businesses have the resources to protect themselves, small businesses do not, and that’s exactly what makes them an easy target for hackers,” said Schatz, lead Democrat on the Commerce Subcommittee on Communications Technology, Innovation, and the Internet, in a statement. “This new law will give small businesses the tools to firm up their cybersecurity infrastructure and fight online attacks.”



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