SBA Cyber Awareness Act

To require an annual report on the cybersecurity of the Small Business Administration, and for other purposes. 1. Short title This Act may be cited as the SBA Cyber Awareness Act 2. Cybersecurity awareness reporting Section 10 of the Small Business Act ( 15 U.S.C. 639 (b) Cybersecurity reports (1) Definition In this subsection, the term appropriate congressional committees (A) the Committee on Small Business and Entrepreneurship of the Senate; and (B) the Committee on Small Business of the House of Representatives. (2) Annual report Not later than 180 days after the date of enactment of the SBA Cyber Awareness Act (A) an assessment of the information technology and cybersecurity of the Administration; (B) a strategy to increase the cybersecurity of the Administration; (C) a detailed account of any information technology component or system of the Administration that was manufactured by a company located in the People's Republic of China; and (D) an account of any cyber threat, breach, or cyber attack that occurred at the Administration during the 2-year period preceding the date on which the report is submitted, and any action taken by the Administration to respond to or remediate the cyber threat, breach, or cyber attack. (3) Additional reports If the Administration determines that there is a reasonable basis to conclude that a cyber threat, breach, or cyber attack occurred at the Administration, the Administration shall— (A) not later than 7 days after the date on which the Administration makes that determination, notify the appropriate congressional committees of the cyber threat, breach, or cyber attack; and (B) not later than 30 days after the date on which the Administration makes that determination, submit to the appropriate congressional committees a report that includes— (i) a summary of information about the cyber threat, breach, or cyber attack, including how the cyber threat, breach, or cyber attack occurred, based on information available to the Administration as of the date which the Administration submits the report; (ii) an estimate of the number of individuals and small entities affected by the cyber threat, breach, or cyber attack, including an assessment of the risk of harm to affected individuals and small entities based on information available to the Administration as of the date on which the Administration submits the report; and (iii) an estimate of when the Administration will provide notice to affected individuals and small entities. (4) Rule of construction Nothing in this subsection shall be construed to affect the reporting requirements of the Administration under chapter 35 .

Summary: SBA Cyber Awareness Act This bill addresses the cybersecurity of the Small Business Administration (SBA). Specifically, it requires the SBA to report annually to Congress on (1) an assessment of SBA's information technology (IT) and cybersecurity; (2) a strategy to increase such cybersecurity; (3) a detailed account of SBA's IT component or system manufactured by a company located in the People's Republic of China; and (4) any SBA major incident that occurred during two years before the report, including SBA's actions to respond to or remediate it.