Policy Impact Analysis - 117/S/2902

Bill Overview

Title: Federal Information Security Modernization Act of 2021

Description: This bill addresses federal information security management, notification and remediation of cybersecurity incidents. For example, the bill requires (1) the Cybersecurity and Infrastructure Security Agency to perform ongoing and continuous assessments of federal information security risk posture; and (2) federal agencies to take certain actions in response to information security breaches, such as notifying affected individuals.

Sponsors: Sen. Peters, Gary C. [D-MI]

Target Audience

Population: People potentially relying on or benefiting from US federal information systems

Estimated Size: 331000000

Reasoning

Simulated Interviews

Federal IT Security Analyst (Washington, D.C.)

Age: 45 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 4/20

Statement of Opinion:

  • The new measures are essential as they reinforce continuous security assessments.
  • Improved incident response is crucial for protecting data integrity and public trust.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 9 7
Year 20 9 7

Software Developer (San Francisco, CA)

Age: 30 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 3/20

Statement of Opinion:

  • The policy increases accountability among federal contractors.
  • I feel more secure knowing there is a standard for breach notifications.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 8 6
Year 20 8 6

Retired (Miami, FL)

Age: 65 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 10/20

Statement of Opinion:

  • It's good to know my personal information is being better protected.
  • However, I don't expect my day-to-day life to change much.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 6 5
Year 5 6 5
Year 10 5 5
Year 20 5 5

College Student (New York, NY)

Age: 20 | Gender: other

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 11/20

Statement of Opinion:

  • I support improved federal security but lack understanding of specifics and impacts.
  • Data breaches feel less concerning knowing there's a stronger policy in place.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 6 6
Year 20 6 6

Small Business Owner (Chicago, IL)

Age: 50 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 0.0 years

Commonness: 6/20

Statement of Opinion:

  • Federal security improvements are reassuring, though unlikely to affect my business directly.
  • Future considerations of security are easier knowing federal standards are improving.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 5 5
Year 5 5 5
Year 10 5 5
Year 20 5 5

Federal Agency Manager (Dallas, TX)

Age: 55 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 15.0 years

Commonness: 3/20

Statement of Opinion:

  • The policy upgrades our defenses and improves our response to breaches.
  • Given my role, I feel reassured knowing these frameworks are mandated.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Journalist (Denver, CO)

Age: 40 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 20.0 years

Commonness: 5/20

Statement of Opinion:

  • The policy ensures there are consistent standards across federal security efforts.
  • I appreciate the transparency and structured responses to data breaches.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

Data Scientist (Los Angeles, CA)

Age: 34 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 10.0 years

Commonness: 8/20

Statement of Opinion:

  • I'm pleased to see federal enhancement of cybersecurity measures.
  • Protecting data privacy at a federal level should set an example for other organizations.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

Cybersecurity Intern (Phoenix, AZ)

Age: 27 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 4.0 years

Commonness: 9/20

Statement of Opinion:

  • The policy offers a learning and career opportunity as it demands skilled personnel.
  • It's somewhat motivating knowing the field I'm entering is being prioritized.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 6 5
Year 5 6 5
Year 10 6 5
Year 20 6 5

Retired Teacher (Kansas City, MO)

Age: 72 | Gender: female

Wellbeing Before Policy: 4

Duration of Impact: 3.0 years

Commonness: 7/20

Statement of Opinion:

  • I hope this means there's less risk of my information being compromised.
  • It's comforting that protections for my federal data are improving.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 4
Year 2 5 4
Year 3 5 4
Year 5 5 4
Year 10 5 4
Year 20 5 4

Cost Estimates

Year 1: $300000000 (Low: $200000000, High: $450000000)

Year 2: $310000000 (Low: $210000000, High: $470000000)

Year 3: $320000000 (Low: $220000000, High: $490000000)

Year 5: $340000000 (Low: $230000000, High: $510000000)

Year 10: $380000000 (Low: $260000000, High: $550000000)

Year 100: $500000000 (Low: $300000000, High: $750000000)

Key Considerations