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AHEAD OF SMALL BUSINESS SATURDAY, REP. ROSEN COSPONSORS THE SMALL BUSINESS CYBERSECURITY ENHANCEMENT ACT

November 24, 2017
Press Release

WASHINGTON, D.C. -- Ahead of Small Business Saturday, Congresswoman Jacky Rosen (NV-03) cosponsored H.R. 3968, the Small Business Cybersecurity Enhancement Act. This bipartisan legislation, introduced by Reps. Brad Schneider (D-IL) and Brian Fitzpatrick (R-PA), would help small businesses obtain the resources needed to protect them from cyberattacks by creating a loan guarantee program to cover the costs of small businesses' acquisition and installation of cybersecurity technology and services. According to the Small Business Administration, over 400,000 workers are employed by small businesses in Nevada.

“Far too often, local entrepreneurs are forced to shut down after facing a crippling cyberattack,” said Rosen. “As hackers continue to use sophisticated methods to breach systems, they are increasingly targeting small businesses, leaving employers, employees and customers all at risk. This commonsense legislation would help Nevada’s small businesses stay ahead of the curve by creating a loan guarantee program for small businesses so that they can protect themselves and their customers from hackers and cyberattacks.”

BACKGROUND: Congresswoman Rosen is also a co-sponsor of the the NIST Small Business Cybersecurity Act of 2017. H.R. 2105 would direct the National Institute of Standards and Technology (NIST) to work with other federal agencies to create and make available clear and concise resources to help small businesses identify, manage, and reduce their cybersecurity risks. Earlier this year, Congresswoman Rosen helped the legislation unanimously pass the House Science, Space, and Technology Committee.

According to a 2016 State of SMB Cybersecurity Report, hackers have breached 14 million small businesses nationwide.

View full text of the legislation here.

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