Bloomberg Law
Feb. 9, 2016, 4:21 PM UTC

Obama Proposes $19B Cybersecurity Action Plan

Bloomberg Law - Staff Reports

By Jimmy H. Koo and Daniel R. Stoller, Bloomberg BNA

President Barack Obama is proposing a Cybersecurity National Action Plan (CNAP), including more than $19 billion in his fiscal year 2017 budget request for cybersecurity efforts.

The proposal calls for a $3.1 billion Information Technology Modernization Fund — aimed at modernizing and replacing legacy information technology systems — and the creation of a new position, the Federal Chief Information Security Officer (CISO), to oversee these changes.

As a part of a broader effort to empower citizens to secure their online accounts, CNAP would also include a new National Cybersecurity Awareness ...

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