Seventy-five House Republicans and Democrats — including the chairmen of the committees on energy and commerce, financial services and science and technology — wrote to leaders of the congressional intelligence committees today opposing the controversial Section 407 of the Cybersecurity Information Sharing Act passed by the Senate.
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ABA in a joint letter today urged Congress to remove Section 407 from the Cybersecurity Information Sharing Act as the House and Senate prepare to reconcile competing versions of the bill.
Cyber vulnerability is not going away. We need to work together, and stay vigilant and focused in order to protect ourselves and our customers.
ABA today welcomed the passage of the bipartisan Cybersecurity Information Sharing Act by a 74-21 vote in the Senate.
The Senate is scheduled to vote this week on the Cybersecurity Information Sharing Act (S.754), an ABA-supported bill that would strengthen the ability of the public and private sectors to share critical cyber threat information without compromising customer privacy.
ABA, the Financial Services Roundtable and SIFMA sent a joint letter to Senate leaders today urging passage of the Cybersecurity Information Sharing Act and defeat of any amendments that would undermine the legislation’s goals. The groups specifically flagged as problematic amendments that would remove protections from public disclosure for information shared under CISA, create ambiguities
The Financial Services Information Sharing and Analysis Center last week announced an arrangement with the Federal Reserve Banks to provide direct access to FS-ISAC security threat information to over 10,000 of their financial institution customers.
ABA yesterday urged Senate leaders to pass the Cybersecurity Information Sharing Act — which may be brought to the Senate floor for a vote this week — and to defeat any amendments offered that would undermine the legislation.
Senate Majority Leader Mitch McConnell (R-Ky.) said last week that he expects to bring the ABA-backed Cybersecurity Information Sharing Act to a vote in the Senate this week, although legislative procedures may prevent its reaching the floor.
The Treasury Department is seeking to accelerate declassification of financial cyber threat information to help financial institutions protect their systems and customers, Sarah Bloom Raskin said today at ABA’s Summer Leadership Meeting.