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    market news

    Senate Considers New Cybersecurity Bill

    Morag Mcgreevey
    Aug. 04, 2015 03:05PM PST
    Technology Investing

    This week, the U.S. Senate will consider a new cybersecurity bill that would facilitate personal data sharing between corporations and the U.S. government.

    This week, the U.S. Senate will consider a new cybersecurity bill that would facilitate personal data sharing between corporations and the U.S. government.
    According to Reuters:

    The House of Representative passed its version of the bill in April. But privacy concerns stalled the measure in the Senate despite strong support from corporations that see it as a key to preventing more cyber attacks like the high-profile assaults on Sony Pictures Entertainment and Target Corp.
    A massive theft of data from computers of the government’s Office of Personnel Management (OPM), blamed on China, has also fueled calls to pass the legislation. China has dismissed suggestions it was behind the hacking.
    The influential U.S. Chamber of Commerce business group sent a letter on Monday to every member of the Senate urging them to take up and immediately pass the “Cybersecurity Information Sharing Act of 2015.”

     
    Click here to read the entire article on Reuters.

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