Posted on 04/20/21
| News Source: Algemeiner
As cybersecurity threats continue to rise, US senators have introduced legislation to boost technology cooperation with Israel and secure funding for up to $30 million to help thwart future malicious attacks.
A bipartisan group of US senators including Jacky Rosen (D-NV), Susan Collins (R-ME), Sheldon Whitehouse (D-RI), and Todd Young (R-IN) on Monday introduced the so-called “US-Israel Cybersecurity Cooperation Enhancement Act,” which would create a grant program within the Department of Homeland Security dedicated to support cybersecurity research and development, and jointly develop cybersecurity technologies. The grant program would secure $6 million annually in funding for a period of five years.
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As part of the collaboration, private companies, non-profit organizations, academic institutions, and government entities in Israel or the US will be eligible for the grants, as long as they are part of a joint venture with a corresponding institution in the other country.
According to Collins, “cyberattacks pose a grave risk to our national security, intellectual property, personal data, and public safety. The recent SolarWinds hack demonstrated how vulnerable US networks are to cyberattacks and should serve as a wake-up call about the need to address our glaring vulnerabilities.” Read more at Algemeiner