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Will the FCC secure $5B funding for telecom equipment replacement by end of 2024?
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Federal Communications Commission•FCC•Chinese•Salt Typhoon•Jessica Rosenworcel•Huawei•ZTE•Rosenworcel•Laura Galante•House of Representatives
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the FCC or U.S. government budget allocations
Story
FCC Proposes Cybersecurity Measures, $5B Request After Salt Typhoon Hack
Dec 9, 2024, 09:54 PM
The Federal Communications Commission (FCC) has proposed measures for U.S. telecom carriers to strengthen cybersecurity risk management plans or face penalties following reports of a hacking operation by the Chinese group Salt Typhoon. The group is said to have infiltrated at least eight U.S. telecommunications companies. FCC Chairwoman Jessica Rosenworcel has also requested $5 billion to replace Huawei and ZTE telecommunications equipment in the U.S. A bipartisan classified briefing on the matter, involving Rosenworcel and Laura Galante, Director of the Cyber Threat Intelligence Integration Center, is scheduled for Tuesday to address Salt Typhoon and telecommunications security. U.S. agencies are also set to brief the House of Representatives on the hacking incident.
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Yes • 50%
No • 50%
Managed by Government • 25%
Managed by Private Entity • 25%
Disbanded • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
All major companies accept funding • 25%
Some major companies accept funding • 25%
No major companies accept funding • 25%
Unclear or mixed responses • 25%
Telecom infrastructure upgrade • 25%
Compensation to telecom companies • 25%
Security enhancements • 25%
Other uses • 25%
Yes • 50%
No • 50%
