Senate panel advances small business cybersecurity bill

Senate panel advances small business cybersecurity bill
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The Senate Commerce Committee advanced a bill Wednesday aimed at boosting resources to help small businesses protect their digital assets from cyber threats.

Sen. Brian Schatz (D-Hawaii) introduced the bill last week, with a bipartisan group of senators including committee chair John ThuneJohn Randolph ThuneOn The Money: Congress, White House aim to include debt limit increase in spending deal | McConnell optimistic budget deal near | Carson defends HUD eviction plan | Senate votes to undo tax hike on Gold Star families Congress, White House indicate debt limit increase will be part of spending deal Hillicon Valley: Trump takes flak for not joining anti-extremism pact | Phone carriers largely end sharing of location data | Huawei pushes back on ban | Florida lawmakers demand to learn counties hacked by Russians | Feds bust 0M cybercrime group MORE (R-S.D.) and ranking member Bill NelsonClarence (Bill) William NelsonRepublicans amp up attacks on Tlaib's Holocaust comments The muscle for digital payment Rubio says hackers penetrated Florida elections systems MORE (D-Fla.) sponsoring.

The legislation, called the MAIN STREET Cybersecurity Act, would require the National Institute of Standards and Technology (NIST) to give simplified resources to small businesses that choose to use the institute's cybersecurity framework.

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NIST develops and updates a cybersecurity framework that for public and private sector entities.

“This legislation will help small businesses get the information they need to protect themselves and their customers from cyberattacks,” Thune said in his opening statement Wednesday morning.

The Senate panel approved the legislation by a voice vote after adopting an amendment offered by Schatz that made small changes to bill's language.

The legislation is also cosponsored by Sens. Jim RischJames (Jim) Elroy RischTrump, Europe increasingly at odds on Iran Overnight Defense: Congressional leaders receive classified briefing on Iran | Trump on war: 'I hope not' | Key Republican calls threats credible | Warren plan targets corporate influence at Pentagon Congressional leaders receive classified Iran briefing MORE (R-Idaho), Maria CantwellMaria Elaine CantwellDon't revive logging in national forests Top Finance Dem offers bill to help those repaying student loans save for retirement Facebook COO Sheryl Sandberg meets with senators on privacy MORE (D-Wash.) and Cory GardnerCory Scott GardnerSenate Republicans running away from Alabama abortion law Frustrated GOP senators want answers from Trump on Iran Graham: Trump officials not adequately briefing on Iran threat MORE (R-Colo.) and was introduced last Wednesday. 

The U.S. Chamber of Commerce and National Small Business Association both backed the legislation last week.