Establishes a cyber security enhancement fund to upgrade cyber security in local governments and restricts paying ransoms in response to ransomware.

New York A04746 creates a cyber security enhancement fund to upgrade cyber security in local governments, including villages, towns, and cities with a population of one million or less. The fund will receive an initial transfer of five million dollars from the state comptroller and will accept contributions such as grants. The moneys from this fund will be disbursed by the division of homeland security and emergency services. Additionally, the bill restricts the use of local and state taxpayer moneys to pay ransoms in response to ransomware attacks after January 1, 2028.

Establishes a cyber security enhancement fund to upgrade cyber security in local governments and restricts paying ransoms in response to ransomware.

New York A04746 creates a cyber security enhancement fund to upgrade cyber security in local governments, including villages, towns, and cities with a population of one million or less. The fund will receive an initial transfer of five million dollars from the state comptroller and will accept contributions such as grants. The moneys from this fund will be disbursed by the division of homeland security and emergency services. Additionally, the bill restricts the use of local and state taxpayer moneys to pay ransoms in response to ransomware attacks after January 1, 2028.