Legis Daily

Risk-Informed Spending for Cybersecurity Act

USA116th CongressS-4785| Senate 
| Updated: 10/1/2020
Rob Portman

Rob Portman

Republican Senator

Ohio

Cosponsors (1)
Gary C. Peters (Democratic)

Homeland Security and Governmental Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Risk-Informed Spending for Cybersecurity Act This bill requires the Office of Management and Budget, in coordination with the Cybersecurity and Infrastructure Security Agency, to develop a standard model for creating a risk-based budget for cybersecurity spending. The risk-based budget must (1) be developed by identifying and prioritizing cybersecurity risks and vulnerabilities through analysis of threat intelligence, incident data, and tactics, techniques, procedures, and capabilities of cyber threats; and (2) allocate resources based on the risks identified and prioritized. Within two years of the development of the model, federal agencies must begin using the model to develop annual cybersecurity and information technology budget requests.
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Timeline
Oct 1, 2020
Introduced in Senate
Oct 1, 2020
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
  • October 1, 2020
    Introduced in Senate


  • October 1, 2020
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Economics and Public Finance

Risk-Informed Spending for Cybersecurity Act

USA116th CongressS-4785| Senate 
| Updated: 10/1/2020
Risk-Informed Spending for Cybersecurity Act This bill requires the Office of Management and Budget, in coordination with the Cybersecurity and Infrastructure Security Agency, to develop a standard model for creating a risk-based budget for cybersecurity spending. The risk-based budget must (1) be developed by identifying and prioritizing cybersecurity risks and vulnerabilities through analysis of threat intelligence, incident data, and tactics, techniques, procedures, and capabilities of cyber threats; and (2) allocate resources based on the risks identified and prioritized. Within two years of the development of the model, federal agencies must begin using the model to develop annual cybersecurity and information technology budget requests.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Oct 1, 2020
Introduced in Senate
Oct 1, 2020
Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
  • October 1, 2020
    Introduced in Senate


  • October 1, 2020
    Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Rob Portman

Rob Portman

Republican Senator

Ohio

Cosponsors (1)
Gary C. Peters (Democratic)

Homeland Security and Governmental Affairs Committee

Economics and Public Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted