Senate Bill Slashes Cybersecurity Funding, Shifts Modernization to Agencies
BankInfoSecurity
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Contributed by: Drex DeFord
Summary
The Senate Committee on Appropriations has proposed a draft bill that significantly cuts funding for federal cybersecurity and IT modernization programs, reducing allocations for the Office of the National Cyber Director and the Technology Modernization Fund. The bill allocates just $20 million for the National Cyber Director and $5 million for the Technology Modernization Fund, a drastic decline from previous proposals, raising alarms about the federal capacity to address outdated technology systems. This funding shift favors decentralized agency responsibilities over coordinated modernization efforts, which could hinder cross-agency cybersecurity and IT improvements. For healthcare professionals, this underscores a concerning trend that may limit federal support for critical IT infrastructure essential for maintaining secure and efficient healthcare systems.
