A cybersecurity bill (S-3480) by Sen. Joe Lieberman, I-Conn., would...
A cybersecurity bill (S-3480) by Sen. Joe Lieberman, I-Conn., would cost $1.5 billion 2011 to 2015, the Congressional Budget Office said Wednesday. Most of the money would go to salaries, expenses and computer hardware and software, it said. Because the…
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bill would indemnify owners of critical infrastructure that follow through on emergency-response plans, direct spending would increase $10 million total in 2011-2020 to pay claims against the U.S. government, the CBO said. The office estimated that it would cost an additional $220 million 2011-2015 for the National Center for Cybersecurity and Communications to conduct cyber assessments. Creating a cyberspace policy office under the president would cost about $30 million yearly once it’s fully set up, the CBO said. “We expect that the office would steadily expand its budget and staff over three years before it reached that level of effort and estimate that implementing the title would cost $115 million over the 2011-2015 period.” Requirements for federal agencies to assess and train information security workers and establish a National Cybersecurity Advisory Council would cost $20 million annually 2011 to 2015, the CBO said. The bill would be subject to pay-as-you-go procedures, it said.