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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on Jan 4, 2023.
SBA Cyber Awareness Act
This act requires the Small Business Administration (SBA) to annually report specified information related to cybersecurity awareness.
Such reports must include (1) a strategy to increase the cybersecurity of the SBA's information technology (IT) infrastructure, (2) a supply chain risk management strategy that includes risk mitigation activities for IT components originating from an entity that has its principal place of business in China, and (3) any SBA cybersecurity incident that occurred during the two years prior to the initial report (including the SBA's action to respond to or remediate it).