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VisitU.S. House to Vote on $3 Billion Plan to Remove Chinese Telecom Equipment Amid Salt Typhoon Cybersecurity Threat
Dec 10, 2024, 04:27 PM
The U.S. House of Representatives is set to vote on a proposal to allocate $3 billion for the removal of Chinese telecom equipment, amid growing concerns about cybersecurity risks. In parallel, the Federal Communications Commission (FCC) has proposed new cybersecurity rules tied to wiretapping laws, following significant breaches attributed to Chinese government hackers, known as Salt Typhoon. U.S. Senator Ron Wyden has introduced a bill that would mandate the FCC to enforce cybersecurity requirements for telecom companies. The proposed legislation includes measures such as minimum security standards, annual testing and fixes, audits, and reports. These actions aim to bolster the security of American telecom networks in response to recent cyberattacks by Salt Typhoon.
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Markets
Yes • 50%
No • 50%
Official records from the U.S. Congress and the President's office
Yes • 50%
No • 50%
Official announcements from the FCC
Yes • 50%
No • 50%
Official vote results published by the U.S. House of Representatives
Chinese government hackers • 25%
Other • 25%
Independent cybercriminal groups • 25%
Russian government hackers • 25%
Reports from U.S. intelligence agencies or official cybersecurity assessments
Postponed • 34%
Approved • 33%
Rejected • 33%
Official vote results published by the U.S. House of Representatives
Minimum security standards • 25%
Annual testing and fixes • 25%
Audits • 25%
Reports • 25%
Official FCC announcements and policy documents