Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

The Cybersecurity for Small Business Pilot Program (CRS Report for Congress)

Premium   Purchase PDF for $24.95 (3 pages)
add to cart or subscribe for unlimited access
Release Date Aug. 7, 2024
Report Number IF12732
Report Type In Focus
Authors Adam G. Levin
Source Agency Congressional Research Service
Summary:

Although cybercrimes against large companies often attract attention, criminals also frequently attack small businesses online. One 2022 report found that an average employee at a small business will be the target of 350% more “social engineering” cyberattacks (where individuals are manipulated into sharing information) than an employee at a larger company. Another survey that same year noted that over 30% of small and mid-size businesses in the United States lack written plans to respond to cyberattacks. At the same time, some experts suggest that small businesses may have less understanding of and resources for cybersecurity than larger firms. Since 2022, the U.S. Small Business Administration (SBA) has operated the Cybersecurity for Small Business Pilot Program (CSBPP) to help small businesses enhance their cybersecurity. CSBPP provides grants to states, state agencies, and entities designated to conduct a state’s cybersecurity education to fund projects intended to help small businesses fend off online threats. To date, SBA has made nine awards worth a total of $9 million through CSBPP. SBA opened a new round of applications in July 2024 for CSBPP awards for FY2024. This In Focus discusses the legislative and funding histories of CSBPP, program eligibility and award information, and selected issues for Congress.