in cybersecurity. (2) Considerations In carrying out paragraph (1), the Secretary shall consider the recommendations set forth in the report of the National Security Telecommunications Advisory Committee entitled NSTAC Report to the President on a Cybersecurity Moonshot and dated November 14, 2018. (b) Pursuit of national cybersecurity grand challenges (1) In general Not later than 180 days after the date of the enactment of the Cybersecurity Competitions to Yield Better Efforts to Research the Latest Exceptionally Advanced Problems Act of 2020 , the Secretary, acting through the Under Secretary of Commerce for Standards and Technology, shall commence efforts to pursue the national cybersecurity grand challenges established under subsection (a). (2) Competitions The efforts required by paragraph (1) shall include carrying out programs to award prizes, including cash and noncash prizes, competitively pursuant to the authorities and processes established under section 24 of the Stevenson-Wydler Technology Innovation Act of 1980 ( 15 U.S.C. 3719 ) or any other applicable provision of law. (3) Additional authorities In carrying out paragraph (1), the Secretary may enter into and perform such other transactions as the Secretary considers necessary and on such terms as the Secretary considers appropriate. (4) Coordination In pursuing national cybersecurity grand challenges under paragraph (1), the Secretary shall coordinate with the following: (A) The Director of the National Science Foundation. (B) The Director of the Cybersecurity and Infrastructure Security Agency. (C) The Director of the Defense Advanced Research Projects Agency. (D) The Director of the Office of Science and Technology Policy. (E) The Director of the Office of Management and Budget. (F) The Administrator of the General Services Administration. (G) The Federal Trade Commission. (H) The heads of such other Federal agencies as the Secretary of Commerce considers appropriate for purposes of this section. (5) Solicitation of acceptance of funds