Internet and Cybersecurity Safety Standards Act - Directs the Secretary of Homeland Security (DHS) to conduct an analysis to determine the costs and benefits of requiring Internet service providers, communications service providers, electronic messaging providers, electronic mail providers, and other persons who provide a service or capability to enable computers to connect to the Internet to develop and enforce voluntary or mandatory minimum cybersecurity and Internet safety standards for users of computers to prevent terrorists, criminals, spies, and other malicious actors from compromising, disrupting, damaging, or destroying computer networks, critical infrastructure, and key resources.
Directs the Secretary to consider: (1) the effect that such standards may have on homeland security, the global economy, innovation, individual liberty, and privacy; and (2) any legal impediments that may exist to the implementation of such standards.