Sens. Gary Peters, D-Mich., and Mike Rounds, R-S.D., have introduced a bill to extend a provision of a 2015 regulation that facilitates cyberthreat sharing between the federal government and the private sector. In a statement published Wednesday, Sen. Peters said the Cybersecurity Information Sharing Act of 2015 has been critical in addressing emerging cyber threats.
“As cybersecurity threats grow increasingly sophisticated, information sharing is not just valuable—it remains essential for our national security,” explained the ranking member of the Homeland Security and Governmental Affairs Committee.
“For the past ten years, these critical protections have helped to address rapidly evolving cybersecurity threats, and this bipartisan bill will renew them so we can continue this collaborative partnership between the private sector and government to bolster our nation’s cybersecurity defenses against a wide range of adversaries,” Peters said.
The Cybersecurity Information Sharing Extension Act seeks to extend the provisions of the 10-year-old regulation for another decade.
The Importance of Sharing Cyber Intel
The Cybersecurity Information Sharing Act of 2015 incentivizes companies that voluntarily disclose software vulnerabilities, malware and malicious IP addresses. In exchange for threat information, the government provides legal protections for companies that participate in the program.
Since the law was enacted, the Cybersecurity Information Sharing Act of 2015 facilitated strong government-industry collaboration that led to the identification and mitigation of major cyberthreats.
The law also enables state and local governments and critical infrastructure sectors to strengthen their cybersecurity and become informed of ongoing cybersecurity threats.
“The Cybersecurity Information Sharing Act of 2015 has been instrumental in strengthening our nation’s cyber defenses by enabling critical information sharing between the private sector and government,” commented Sen. Rounds. “Allowing this legislation to lapse would significantly weaken our cybersecurity ecosystem, removing vital liability protections and hampering defensive operations across both the defense industrial base and critical infrastructure sectors.”
Learn more about threats federal agencies are facing in the cyber domain at the Potomac Officers Club’s 2025 Cyber Summit on May 15. Register for the in-person event here.
