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Senate Intelligence Committee Approves Controversial Cybersecurity Bill

10/07/2014 by

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The Cybersecurity Information Sharing Act (CISA), a bill ostensibly crafted to improve the nation’s cybersecurity, was quietly passed Tuesday by the Senate Select Committee on Intelligence by a 12-3 vote.

The legislation, authored by committee chairman, Sen. Dianne Feinstein (D-Calif.) and Vice Chairman Saxby Chambliss (R-Ga.), expands information shared about cybersecurity threats and defensive mechanisms between the government and companies and within the private sector in order to combat the rapid increase in attacks on computer systems that have resulted in the theft of millions of Americans’ personal information and hundreds of millions of dollars in losses for businesses large and small.

“Cyber attacks present the greatest threat to our national and economic security today, and the magnitude of the threat is growing,” Feinstein said. “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.”

“To strengthen our networks,” Feinstein said, “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.”

This article has been extracted from http://www.hstoday.us, please click on this link to read the article in full http://www.hstoday.us/briefings/daily-news-analysis/single-article/senate-intelligence-committee-approves-controversial-cybersecurity-bill/4779bef1bba32514a8434c10888ed702.html

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