Senate Intelligence Committee Chairwoman Dianne Feinstein (D-Calif.) and Sen. Saxby Chambliss (R-Ga.) are working to strike a consensus on a bill designed to spur information exchange between government and the private sector to prevent cyber attacks, Defense News reported Tuesday.
Paul McLeary writes that Senate’s cybersecurity bill seeks to establish a Department of Homeland Security-run portal where industry could report suspicious computer activity and threats.
“We’re down to just a couple of provisions that we’ve got to resolve before we can bring a bill to the committee,” Chambliss said Tuesday at the Bloomberg Government forum.
McLeary reports the bipartisan legislation offers liability shields for companies that share security threat data.
“Under the bill being hashed out, the private-sector entity would have immunity from liability because it went though the DHS portal,” Chambliss added, according to Defense News.
The bill also seeks to incentivize firms to cooperate with the federal government in cyber protection efforts, McLeary writes.