The Senate on Tuesday passed the Cybersecurity Information Sharing Act (S. 754) by a vote of 74-21. The bill, which would encourage private businesses and the government to share cybersecurity threat information more quickly and efficiently, heads to the House of Representatives next.
CUNA and NAFCU, together with the Consumer Bankers Association and the Independent Community Bankers of America, penned a letter Oct. 22 to Senate Majority Leader Mitch McConnell (R-Ky.) and Minority Leader Harry Reid (D-Nev.) opposing three amendments that were defeated.
One amendment, introduced by Sen. Patrick Leahy (D-Vt.) would have permitted cyberthreat information to be made public under the Freedom of Information Act. The trades argued that information voluntarily shared with the federal government, such as sensitive details about cybersecurity programs, should remain confidential.
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