WASHINGTON (3/16/15)--A bill encouraging shared information on cybersecurity threats was marked up and passed by the U.S. Senate Select Committee on Intelligence last week. The bill passed the committee by a 14-1 vote, and CUNA advocacy staff are working through the details of the bill.
The act, introduced by Senate Intelligence Committee Chair Richard Burr (R-N.C.) and Vice Chair Dianne Feinstein (D-Calif.), promotes sharing information on potential cybersecurity threats, leaves it voluntary, and requires all personal information to be removed before the information is shared.
"The bill we passed today is overdue and will enable our agencies and institutions to share information about cyberthreats while also providing strong privacy protection for our citizens," Burr said in a statement. "With risks are growing every day, we are finally better prepared to combat cyber attackers with this bill."
If enacted into law, the bill would:
A version of the bill, sponsored by Feinstein, came out of committee last year but was not taken up by the Senate as a whole.