S. 4785 · 116th Congress
Risk-Informed Spending for Cybersecurity Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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PortmanSponsor1 cosponsor · 1 D
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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.
What it does: CRS summary · Introduced in Senate · Oct 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Risk-Informed Spending for Cybersecurity Act
Latest action (Oct 1, 2020): Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Oct 1, 2020
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.