Gives the government authority to share classified cyber threat data with approved American companies
The US House of Representatives has passed a cybersecurity bill that will help US companies and government agencies better protect themselves from dangerous hackers and fight cyberattacks.
The House voted to pass the amended Cyber Information Sharing & Protection Act, (CISPA), which gives the US government new authority to share classified cyber threat information with approved American companies.
The government currently does not share that information since the information is classified, and the passage of the bill lifts the barriers to cyber threat information sharing.
With strong provisions built in to keep individual American’s private information private, the bill allows US businesses to better protect their own networks and their corporate customers from hackers looking to steal intellectual property.
US House of Representatives Chairman Rogers said America will be a little safer and the country’s economy better protected from foreign cyber predators with this legislation.
"I encourage the Senate to take up the bill soon so we can move it to the President’s desk," added Rogers.
CISPA had support from various US companies and trade associations, including Facebook, the US Chamber of Commerce, Boeing, financial trade associations, AT&T, utilities groups, Intel, tech associations, and many others.
CISPA offers the protections American businesses need, while simultaneously protecting the privacy rights of individuals, the House stated.
The bill has no new federal spending or levies additional federal regulation or unfunded mandates on the private sector.