House Subcommittees Approve Cybersecurity Funds for CISA, FTC
The House Homeland Security Committee has approved an additional $865 million in funding for the Cybersecurity and Infrastructure Security Agency, voting along party lines on an amendment to the Democrats’ $3.5 trillion reconciliation bill. Meanwhile, the Energy and Commerce Committee approved $1 billion, for the FTC to create a bureau dedicated to data security privacy as well as fighting identity theft. These funds would be spread over 10 years. The bills still need to be passed by the full House and reconciled with Senate bills.
Almost half of the CISA funds – $400 million – would go toward implementing the Biden administration’s cybersecurity executive order: for “the implementation of multi-factor authentication, endpoint detection and response, improved logging, and securing cloud systems.” The new FTC bureau would work to “accomplish the work of [the FTC] related to unfair or deceptive acts or practices relating to privacy, data security, identity theft, data abuses and related matters.”
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