During a July 26, 2017 hearing before the U.S. House of Representatives Small Business Committee, Chairman Rep. Steve Chabot (R-Oh.) stated that cyber threats have become a critical concern for the country's 28 million small businesses, with the Justice Department recording nearly 300,000 cybersecurity complaints in 2016 alone.
"Cybersecurity has been one of this Committee's top priorities," Chabot said in his opening statement. "We've held numerous hearings and worked on meaningful legislation to ensure small businesses have every possible resource to protect themselves against a cyberattack."
The entire 90-minute hearing, titled "Protecting Small Businesses from Cyber Attacks: the Cybersecurity Insurance Option," was streamed live via the House Small Business Committee's YouTube channel.
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Elana Ashanti Jefferson
Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].
