SBN

Cyber Intelligence Sharing and Protection Act of 2011 (HR 3523)

United States House Permanent Select Committee...
Image via Wikipedia

The House Intelligence Committee held a closed-door markup of a bill (HR 3523) with the intention to improve cybersecurity through enabling the federal government to share classified cyber threat information with businesses. To quote two of the primary proponents:

“There is an economic cyber war going on today against US companies.” … “There are two types of companies in this country, those who know they’ve been hacked, and those who don’t know they’ve been hacked. Economic predators, including nation-states, are blatantly stealing business secrets and innovation from private companies. This cybersecurity bill goes a long way in helping American businesses better protect their networks and their intellectual property.” — Chairman of The Permanent Select Committee on Intelligence, Congressman Mike Rogers (R-MI)

“We simply can’t stand by if we have the ability to help American companies protect themselves. Sharing information about cyber threats is a critical step to preventing them. This bill is a good start toward helping the private sector safeguard its intellectual property and critical cyber networks, including those that power our electrical, water and banking systems. The bill maintains vital protections for privacy and civil liberties without any new federal spending, regulations or unfunded mandates.” — The committee’s ranking member, Congressman Dutch Ruppersberger (D-MD)

*** This is a Security Bloggers Network syndicated blog from Zen One authored by Steve. Read the original post at: http://blog.zenone.org/2011/12/cyber-intelligence-sharing-and.html