Long-Awaited Cyber Information Sharing Bill Enacted

After more than four years of congressional consideration of cyber issues, legislation to authorize companies to share cyber threat information has finally been enacted.  On December 18, 2015, President Obama signed into law the omnibus federal government spending and tax bill for 2016, the Consolidated Appropriations Act, 2016 (H.R. 2029), passed by the Senate and House earlier in the day, thereby avoiding the short-term prospect of a government shutdown.  Among the bill’s nearly 900 pages is the long-awaited cyber information sharing bill broadly supported by industry.  Specifically, Division N of H.R. 2029 includes the Cybersecurity Act of 2015 (the “Cybersecurity Act” or the “Act”).  The Cybersecurity Act is similar to the Cybersecurity Information Sharing Act of 2015 (S. 754), or “CISA,” that the Senate passed by a significant bipartisan vote in October. For the full article click here 

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