Cyberterrorism Preparedness Act of 2001

Cyberterrorism Preparedness Act of 2002 - Directs the National Institute of Standards and Technology (NIST) to award a grant to a qualifying nongovernmental entity to conduct a program to support the development of appropriate cybersecurity best practices, long-term cybersecurity research and development, and related activities. Funds such grants for five fiscal years beginning with 2003. Requires the entity awarded a grant to: (1) carry out a national program to protect the U.S. information infrastructure against disruption; and (2) make recommendations for appropriate cybersecurity best practices and to update such recommendations every six months.

Requires: (1) NIST to recommend to specified bodies and officials appropriate cybersecurity best practices for the Government; and (2) the President to carry out demonstration projects for the adoption of such practices.