WASHINGTON (7/10/14)--The U.S. Senate Intelligence Committee passed the Cybersecurity Information Sharing Act by a 12-3 vote Wednesday. The bill would expand information shared about cybersecurity threats and defense mechanisms between the government and private sector.
"Every week we hear about the theft of personal information from retailers and trade secrets from innovative businesses, as well as ongoing efforts by foreign nations to hack government networks. This bill is an important step toward curbing these dangerous cyber attacks," said Sen. Dianne Feinstein (D-Calif.), chair of the committee, in statement. "To strengthen our networks, the government and private sector need to share information about attacks they are facing and how best to defend against them. This bill provides for that sharing through a purely voluntary process and with significant measures to protect private information."
Committee Vice Chair Sen. Saxby Chambliss (R-Ga.) said the bill would allow businesses and the government to share information "without fear of frivolous lawsuits and without unnecessary bureaucratic obstacles."
The act calls for:
The committee's adopted version of the act is expected to be introduced later this week.