• Home
  • Get A Quote
  • Customer Service
  • Refer a Friend
  • About Us
  • Location Map
  • Employee Directory
  • Privacy Policy
  • Contact Us
phone icon CALL US TODAY | (800) 460-6424
Home

COVID-19 CLIENT RESOURCES PAGE

Click HERE to view a continually updated COVID-19 resource page with useful information to help you do business during this crisis.

  • Home
  • Get A Quote
    • Agents E&O Quick Application
    • Commercial Crime Application
    • Commercial Crime Quick Application
    • Cyber Liability Application
    • Director's & Officer's Application
    • Director's & Officer's Quick Application
    • Employment Practices Liability Application
    • MGA/Wholesaler Application
    • Real Estate Professional Liability
  • Policy Review
  • Insurance for Your Agency
    • Errors & Omissions
    • D & O Insurance
    • Cyber Liability Insurance
    • Commercial Crime
  • Resources
    • Refer a Friend
    • Insurance Glossary
  • About Us
    • About U.S. E & O Brokers
    • View our Blog
    • Our Locations
    • Employee Directory
    • Customer Testimonials
    • Privacy Policy
  • Contact
real estate button
cyber liability button
master policy programs button
Home > Blog > Cybersecurity Guidance on the Way for Small Businesses
WEDNESDAY, OCTOBER 18, 2017

Cybersecurity Guidance on the Way for Small Businesses

image of nist logoOn October 11, 2017, the House passed a bill that would provide guidance to small business on how to deal with cybersecurity issues. This legislation passed on the heels of a similar Senate bill that passed just weeks before on September 28.

The NIST Small Business Cybersecurity Act (H.R. 2105) would require the Department of Commerce’s National Institute of Standards and Technology (NIST) to issue voluntary guidelines specifically addressing the needs of the many small businesses across the country. Much like other voluntary guidelines enacted by NIST, the guidance for small business would not seek to add additional regulation, but rather would provide small business owners with a set of best practices to keep themselves safe in the constantly growing cyber world.

According to the bill, small businesses account “for 54 percent of all United States sales and 55 percent of jobs in the United States.” Not only do attacks targeting small and medium businesses account for a high percentage of cyberattacks in the United States, according to the National Cyber Security Alliance, but “[s]ixty percent of small businesses that suffer a cyberattack are out of business within 6 months.”

House sponsor Daniel Webster (R-Fla.), an owner of a multi-generational small business, stated that small businesses “are more susceptible to attacks” because of the limited cybersecurity resources and the “tools they need to prepare for such an event.” (via Bloomberg BNA.) According to Webster, the NIST cybersecurity framework would act to “protect business owners, their employees, and their customer base, all while contributing positively to the economy.”

H.R. 2105 received bipartisan support and passed by a voice vote. The similar Senate bill, the MAIN STREET Cybersecurity Act (S. 770), also received bipartisan support.

(Source:jdsupra.com)

Posted 5:25 PM

Share |


1 Comments

Phill said...
Awesome article
WEDNESDAY, DECEMBER 30 2020 12:15 PM

Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014

  • cyber liability insurance(25)
  • errors and omissions insurance(16)
  • e and o insurance(14)
  • business insurance(9)
  • directors and officers insurance(8)
  • eando insurance(7)
  • d and o insurance(7)
  • errors and omissions(7)
  • cyber insurance(3)
  • insurance agencies(3)
  • directors and officer's insurance(2)
  • insurance(2)
  • data breach(2)
  • small business owners(2)
  • small business insurance(2)
  • cyber liability(2)
  • e & o(2)
  • coverage(2)
  • tips to avoid scams(2)
  • professional liability insurance(2)
  • covid-19(1)
  • ransomware(1)
  • phishing scams(1)
  • billing errors insurance(1)
  • dando insurance for insurance agencies(1)
  • fraud week(1)
  • crime coverage(1)
  • e and o(1)
  • claims(1)
  • cyber attacks(1)
  • eando insurance for insurance agencies(1)
  • storm surges(1)
  • finance(1)
  • cyber damage(1)
  • directors and officers insurance for the insurance industry(1)
  • social media(1)
  • officers(1)
  • white collar crime(1)
  • renewal(1)
  • insurance fraud(1)
  • commercial crime policy(1)
  • fraud(1)
  • omissions(1)
  • fraud resources(1)
  • company property policy(1)
  • directors(1)
  • code of conduct tips(1)
  • flood insurance(1)
  • eando insurance for insurance agents(1)
  • unsolicited communications(1)

View Mobile Version
LinkedIn
Google+
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier
  • Carrier

Resources

Home About Us Get a Quote Customer Service Newsletter Contact Us

Contact Us

map display image
  • Corporate Headquarters
  • 2050 W. Sam Houston Pkwy. S Ste. 1500
  • Houston, TX 77042
  • _
  • O: 281-243-5755
  • O: 713-984-1370
  • F: 713-984-1152
© Copyright. All rights reserved.
Powered by Insurance Website Builder