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Budgetary Impact Analysis for Executive Order Entitled “Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure”

Statement from OMB Director Mick Mulvaney:

Budgetary Impact Analysis for Executive Order Entitled “Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure”

This executive order directs the heads of all executive departments and agencies to take certain actions to improve the Federal government’s cybersecurity posture, including the submission of mandatory reports on cyber risk management. Implementing this executive order would have a de minimis impact on costs and revenues to the Federal Government. The benefits of this executive order include a renewed focus on maintaining cybersecurity readiness for Federal systems and our nation’s critical infrastructure. Implementing this executive order would have a de minimis impact on mandatory and discretionary obligations and outlays, as well as on revenues to the Federal Government, in the 5-fiscal year period beginning in fiscal year 2017. The agencies anticipated to be impacted by this executive order include all Executive Departments and Agencies, including the Executive Office of the President.