Lawmakers Extend Cybersecurity Information Sharing Act; Industry Seeks Further Protections
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Lawmakers extended the Cybersecurity Information Sharing Act of 2015 through 2035. This extension was sought by a coalition of 35 industry groups. These groups are currently pressing Congress for additional legal protections and liability safeguards for businesses that share cyberattack data with federal agencies.
From govexec.com
Why it matters
The law provides legal protections to firms when they share threat information with federal partners. Industry groups argue that the speed of information sharing depends on the legal certainty provided by the act. The extension stabilizes the legal framework for threat data exchange between private firms and the government.
From govexec.com
Who's involved
- HouseThe legislative body Congress, which is debating the extension of the act.
- Business Software AllianceThe Business Software Alliance, which is part of the coalition lobbying Congress.
- American Bankers AssociationThe American Bankers Association, which is a signatory to the coalition of industry groups.
- American Public Power AssociationThe American Public Power Association, which is a signatory to the coalition of industry groups.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Cyber law extension stabilizes DHS's threat intelligence gatheringDHS benefits from legal certainty allowing private cyber threat data sharingLikely
- Cybersecurity law extension stabilizes legal risk for public power firmsCybersecurity law extension stabilizes legal risk for public power firmsLikely
- Bank of America benefits from legal protections for threat data sharingBank of America maintains legal protection when sharing cyber threat data with federal partnersLikely
- Cybersecurity Act extension stabilizes CISA's threat intelligence flowCISA's ability to coordinate threat responses is likely stabilized by the Act's extensionLikely
- OpenAI benefits from liability shields when sharing cyber threat data with federal partnersOpenAI benefits from liability shields when sharing cyber threat data with federal partnersPossible
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The entities involved
- House
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FBI
2018 American crime drama television series
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Business Software Alliance
trade group established by Microsoft Corporation
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