federal cybersecurity legislation News

How Insurance Brokers, Risk Managers View the Political Dysfunction in Washington

Congress is headed for a “major showdown” over the flood insurance program, according to an insurance broker lobbyist who notes that the program expires July 31, right in the middle of hurricane season. That also happens to be the very …

Congress Adds Corporate Cyber Data Sharing Immunity to Spending Bill

Companies that share data with the U.S. government for cyber security purposes will get more protection from consumer lawsuits under a measure piggybacked onto a massive federal spending bill unveiled in Congress on Wednesday. The cyber-security proposal, widely supported by …

Senate Fails to Advance Cybersecurity Bill

The U.S. Senate failed on Thursday to advance legislation to strengthen protections against cyber attacks, as Democrats banded together to oppose the measure’s inclusion in a defense policy bill President Barack Obama has threatened to veto. By a 56-40 vote, …

House Passes Cyber Threat Sharing Bill

The U.S. House of Representatives passed a bill on Wednesday that would make it easier for private companies to share information about cybersecurity threats with each other and the government without fear of lawsuits. The vote was 307-116 in favor …

House Expected to Pass Cyber Threat Sharing Bill Today

The U.S. House of Representatives is expected to consider, and pass, on Wednesday a long-awaited bill that would make it easier for companies to share information about cybersecurity threats with the government without fear of lawsuits. Congressional aides said on …

Senate Committee Passes Cyber Threat Sharing Bill

The U.S. Senate Intelligence Committee voted 14-1 on Thursday to approve a bill intended to enhance information sharing between private companies and intelligence agencies about cybersecurity threats. The panel’s approval cleared the way for a vote in the full Senate …

White House Urges Action on Cyber Bill After Anthem Attack

President Barack Obama’s top advisers urged Congress to act quickly to strengthen consumer data protections after the security breach at Anthem Inc. “Hardly a week goes by when the problem is not on the front pages of the newspapers,” John …

President Urges Congress to Pass Bipartisan Cybersecurity Legislation

President Barack Obama sought to rally Congress to pass stalled U.S. cybersecurity legislation, an effort that may face obstacles as tensions with key Republicans quickly began to surface. Obama announced Tuesday revised legislation that would give companies legal protections for …

Financial Firms Propose Cyber War Council

Wall Street’s biggest trade group has proposed a government-industry cyber war council to stave off terrorist attacks that could trigger financial panic by temporarily wiping out account balances, according to an internal document. The proposal by the Securities Industry and …

Cybersecurity Analysts Stress Need for Data Sharing by Companies

In an 11-story office building in the Washington suburbs, hundreds of U.S. cybersecurity analysts work around the clock to foil hackers. Possible breaches of government networks show up as red flashes on screens that line the walls. Something big is …