U.S. Chief Bill Cassidy and Marco Rubio last week introduced two bills aimed at boosting cybersecurity efforts for small businesses, which security expert Jeff Moulton says will help Louisiana businesses better prepare for cyber threats.
The first bill, called the Small Business Cyber Training Act, would require the Small Business Administration to create a training program for small business development centers, or SBCDs, to equip companies with cybersecurity strategies. The second bill, the SBA Cyber Awareness Act, would require the SBA to develop its own new cybersecurity strategy.
Moulton, CEO of LSU, a nonprofit organization Stephenson Technologies Corp., a professional services R&D company focused on cybersecurity, says bills will streamline the process for small businesses to improve their cybersecurity efforts in through the SBDCs and bring greater awareness and attention to the issue.
Many small business owners do not have a cybersecurity strategy because they do not believe their business is a target for hackers. However, Moulton says most security breaches are not an individual person on the other side of the computer breaking into an online system. Hackers use programs that test many computer networks at once.
“These managements are automated and look for weaknesses or security vulnerabilities,” Moulton says. “It’s like a robocall that seems to take advantage of a network.”
A second way this legislation can be beneficial, Moulton says, is that it could cause the SBA to eliminate current cybersecurity standards that are costly and difficult to achieve for businesses.