HB668 enables the Department of Economic Development to allocate one-time grants to employers with the objective of enhancing cybersecurity. The grants can cover up to 90% of the costs associated with cybersecurity enhancements.
The Missouri State House of Representatives passed HB668 on March 20, 2023 by a vote of 111 to 40. We have assigned pluses to the nays because funding cybersecurity matters should not be the responsibility of the government. Government-issued grants often grant the government or bureaucracy the authority to choose winners and losers, leading to an expansion of government and increased interference in the private sector.