CISPA, the Cyber Information Sharing and Protection Act, is back in the news, but now in the form of the Cybersecurity Act of 2012.
These cybersecurity measures, if passed, would have significant impact
on some of the largest corporations in the United States.
The controversial CISPA was passed by the US House of
Representatives in April. It passed the House with bipartisan support in
April with 248-168, including 42 Democrats in favor. There were 28
Republicans against the bill.
When the Senate returns from the Memorial Day recess, it
is expected to vote on its response to CISPA- the Cybersecurity Act of
2012 (CSA), supported by Senators Joe Lieberman (I-CT),
Jay Rockefeller (D-WV), Dianne Feinstein (D-CA), and Susan Collins
(R-ME). This bill has the tentative support of the Obama Administration,
which CISPA did not receive.
Read the rest at Support and Opposition of CISPA and the Cybersecurity Act of 2012 at the Motley Fool.
The Obama Administration announced Wednesday it would
veto the controversial Cyber Intelligence Sharing and Protection Act
(CISPA) bill, H.R. 3523, if it came to the President’s desk. The
Administration cited concerns that the legislation would undermine
personal security and civil liberties.
Sponsored by House Intelligence Committee chairman Rep. Mike Rogers and Ranking Member Dutch Ruppersberger,
CISPA would broaden the intelligence community’s ability to share
classified information about threats to the nation’s cyber security with
private businesses or other non-governmental parties.
Supporters of the bill, which includes some of the
largest publicly traded corporations in the United States, (and the
soon-to-be-traded Facebook) claim that the bill would help businesses
defend themselves against cyber attacks, and to share information with
other businesses about the attacks. It would also make it easier for
businesses to receive critical information faster from the government
regarding or during an attack, and also limits the government’s ability
to force a company to share private information.
READ THE REST AT CORPORATIONS SUPPORT CISPA ON THE MOTLEY FOOL BLOGGING NETWORK (written by me).
