CBO puts price tag on 2 cyber bills

Congress will be debating several cybersecurity bills this week. The Congressional Budget Office has put a price tag on two of them.

The Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness Act — the Precise Act of 2012 — would authorize money for Homeland Security. CBO scored the bill at $28 million over five years.

More expensive was the Federal Information Security Amendments Act of 2012. This rewrite of FISMA carried a 10-year price tag of $710 million. That was because it would impose new cyber procedures across the government, mainly continuous network monitoring.

Federal employee bill tracker: How pending legislation could affect your bottom line

This story is part of Federal News Radio’s daily Cybersecurity Update. For more cybersecurity news, click here.