A Senate bill that expands the cybersecurity guidance government provides to small businesses would cost $6 million to implement over four years, the Congressional Budget Office said Monday.
That figure includes $2 million for the National Institute of Standards and Technology to consult with other federal agencies to develop guidance and an additional $4 million to keep the guidance up to date as the cybersecurity landscape shifts.
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The MAIN STREET Cybersecurity Act directs NIST to create “clear and concise” resources to help small companies manage cyber risk and to provide targeted resources to different businesses based on their size and the sensitivity of the data they work with.