House Passes Bills to Enhance Cybersecurity for Small Businesses and Combat Foreign Threats
On November 11, the U.S. House of Representatives passed two bills aimed at supporting small businesses. The first, the Cybersecurity for Small Businesses Act, introduced by Rep. Tony Wied (R-WI), mandates the Small Business Administration (SBA) to provide guidance on cybersecurity best practices. This guidance will be developed in consultation with the Cybersecurity and Infrastructure Security Agency (CISA) and the National Institute for Standards and Technology (NIST). The bill also requires the SBA to coordinate with the Department of Defense (DoD) to offer cybersecurity guidance for small businesses seeking federal contracts, particularly those involved with the Pentagon’s Cybersecurity Maturity Model Certification (CMMC) program. The second bill, the Combatting Foreign Threats to Main Street Act, introduced by Reps. Roger Williams (R-TX) and Derek Tran (D-CA), directs the SBA to create educational materials for small businesses on mitigating threats from foreign adversaries. These materials will detai...