Streamlining Federal Cybersecurity Regulations Act
Bill Number: H.R. 10123 (IH)
Introduced Date: November 16, 2024
Sponsor: Rep. Carolyn Maloney (D-NY)
Cosponsors:
- Rep. Will Hurd (R-TX)
- Rep. John Katko (R-NY)
- Rep. Robin Kelly (D-IL)
Committee: House Committee on Homeland Security
Status: Referred to Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies on November 16, 2024
Summary:
The Streamlining Federal Cybersecurity Regulations Act aims to consolidate and streamline the complex landscape of federal cybersecurity regulations. The bill seeks to reduce regulatory burdens on businesses and organizations while strengthening the overall cybersecurity posture of the United States.
Key Provisions:
- Creates a Cybersecurity Regulations Commission: The bill establishes an independent commission tasked with reviewing and consolidating existing federal cybersecurity regulations. The commission would develop a framework for harmonizing and rationalizing regulations across agencies.
- Streamlines Compliance Processes: The commission would identify and eliminate unnecessary or duplicative cybersecurity requirements. It would also consolidate reporting mechanisms and establish a single point of contact for businesses and organizations seeking compliance assistance.
- Enhances Risk-Based Approach: The bill encourages agencies to adopt a risk-based approach to cybersecurity regulations. This would allow organizations to tailor their cybersecurity measures based on their specific risk profile.
- Protects Privacy and Innovation: The bill includes provisions to safeguard privacy rights and encourage innovation in the cybersecurity industry. It prohibits regulations that unnecessarily restrict the development or deployment of new cybersecurity technologies.
Potential Impact:
The Streamlining Federal Cybersecurity Regulations Act has the potential to significantly reduce the regulatory burden on businesses and organizations. By consolidating and simplifying regulations, the bill would make it easier for organizations to comply with cybersecurity requirements. Additionally, the risk-based approach would allow organizations to allocate their cybersecurity resources more effectively.
The bill is also expected to strengthen the overall cybersecurity posture of the United States. By harmonizing regulations across agencies, the bill would reduce vulnerabilities and improve the coordination of cybersecurity efforts. The emphasis on innovation would foster the development of new and effective cybersecurity technologies.
Next Steps:
The bill has been referred to the House Committee on Homeland Security’s Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies. The subcommittee will hold hearings and gather input from stakeholders before making a recommendation on the bill to the full committee. If approved by the full committee, the bill will be debated and voted on by the House of Representatives.
H.R. 10123 (IH) – Streamlining Federal Cybersecurity Regulations Act
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