Cyber security bill passes Senate muster

Posted on November 18, 2015 at 5:03 pm Reports: Passage of long-awaited cyber security legislation will be a limited but still-useful tool that encourages businesses and the government to share data by providing liability protection. However, experts are divided on the legislation’s ultimate effect on rates for cyber insurance. In a 74-21 vote in late October, the U.S. Senate approved The Cybersecurity […]

Senate Cyber Legislation Facing Industry Resistance Over Cost

Posted on January 31, 2012 at 3:16 pm

By Eric Engleman and Chris Strohm Jan. 31 (Bloomberg) — A Senate measure aimed at compelling operators of vital U.S. utility and other networks to strengthen cybersecurity drew resistance from some business groups concerned that the bill would raise companies’ costs. Responses to draft versions of the legislation have included “hard pushback” from trade groups […]