Within the $1.1 trillion spending bill signed by President Obama last month is a legal framework for sharing information about digital security threats that upset privacy advocates but which energy industry officials say will help keep the nation’s electric grid safe from cyberattacks.
“While the electric power sector already engages in significant information-sharing, and has in place mandatory and enforceable reliability and cybersecurity standards, taking steps to improve the sharing of actionable security information between the government and industry is vital to protecting the electric grid from all possible threats,” Edison Electric Institute President Tom Kuhn said in a statement after the legislation was passed.
The new law, known as the Cybersecurity Act of 2015, grants legal protection to private companies and government agencies sharing what they know about digital security risks and potential attacks. Under the law, companies are exempt from antitrust scrutiny and other forms of liability for working together to share threat information. For the full article click here
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