Cyber Security News: What the Senate’s $1.9 Billion Towards Cybersecurity in New Infrastructure Package Means

In the ever-changing and constant field of cybersecurity, its emphasis in world affairs has never been more important.

The Senate has recently allocated, as part of a $1 trillion infrastructure package, $1.9 billion for national Cybersecurity.

The importance of this cannot be understated, as legitimate fears of cyber attacks have only been increasing throughout the global pandemic, where remote working, schooling, and online shopping has taken never-before-seen precedence.

This infrastructure package is one of the largest federal infrastructure investments in years and includes stipulations for funds to be used towards the nation’s power grid, and, of course, its protection from breaches.

The push for funds towards national cybersecurity is not new. For years there has been a growing need for the nation to enhance its cybersecurity, particularly at a federal and municipal level. Education and cybersecurity breach response is also being emphasized in the State and Local Cybersecurity Improvement Act.

While cybersecurity nationwide will be hard to tackle all at once, funding will be going towards rural and municipal areas in order to better protect places that have less online fortifications.

A primary component of the infrastructure package with regards to cybersecurity is its emphasis on the electric grid. With threats becoming more common, particularly towards schools and other public services, it has become apparent to the federal government that action needs to be taken.

While there are several camps for this bill, including those who believe that there should be even more placed towards cybersecurity spending, this is a significant increase in federal attention that is poised to build a base for future spending in this evolving field.

One of the more important bills included within the package is the Cyber Response and Recovery Act. This bill allocates funds towards what are deemed cyberattacks on a U.S. federal group. With an emphasis on response and prevention seemingly covered in the many introduced bills as part of the overall package, it seems the right steps have been taken for vast improvements towards national cybersecurity.

These crucial bills could not have been introduced at a better time. Recent findings by non-profit public policy organization The Brookings Institution has labeled hospitals and healthcare facilities at an increased risk for breaches and cyber attacks. In particular, citing ransomware as a large worry for a medical organization in the midst of a pandemic.

While there is much more to be done towards our nation’s cybersecurity policies, including lawmakers educating themselves on threats and potential breaches within their jurisdictions, this infrastructure package can be viewed as the beginnings of a trend that will place cybersecurity on the forefront of national coverage.

Learn more about this $1.9 billion infrastructure bill in The Hill’s informative article, written by Maggie Miller.

Drawbridge is a premier provider of cybersecurity software and solutions to the alternative investment industry.

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