On November 15, 2021, President Biden signed the Infrastructure Investment and Jobs Act into law, authorizing $1.2 trillion for infrastructure spending, including approximately $2 billion for various federal cybersecurity projects. This adds to a large number of cybersecurity bills that are currently pending before Congress. In this Debevoise Data Blog post, we outline the key themes and takeaways of these pending bills, and what companies can expect in terms of new cybersecurity obligations in 2022.
The bills, which largely focus on critical infrastructure, appear to be coalescing around three key concepts:
- Expanding the Role of the Cybersecurity and Infrastructure Security