It is no secret that most small businesses nationwide are vulnerable to cyber-attacks, and fortunately for Maryland, stakeholders wanted to do something about it. Championed by elected officials - both Republicans and Democrats - with support from the Cybersecurity Association of Maryland, Inc. (CAMI), the Better Business Bureau (BBB) of Greater Maryland, the Maryland Department of Commerce and other stakeholders, Maryland took the much needed steps to incentivize small businesses to become cyber secure.
On April 9, 2018, the final day of the 2018 Maryland legislative session, Maryland passed Senate Bill (SB) 228, the Cybersecurity Incentives Tax Credit Bill. This bill . . .