Senate panel approves controversial cybersecurity bill

The Senate Intelligence Committee approved a controversial cyberscurity bill on Thursday that’s designed to help companies and the federal government better defend against the growing threat of data breaches.

Approved by a 14-1 vote, the Cybersecurity Information Sharing Act (CISA) aims — by providing expanded legal liability protections to companies sharing data — to encourage US companies to share information about security breaches with each other and government agencies. Supporters argue that the legislation is necessary to reduce the impact of an uptick in the theft of customers’ personal information.

“This current bill is critically important both for our agencies that keep the country safe, and the institutions that hold millions of Americans’ personal information,” Sen. Richard Burr, a North Carolina Republican and chairman of the panel, said in a statement.

Read the Full Article: Source – c|net
http://www.cnet.com/news/senate-panel-approves-controversial-cybersecurity-bill/

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