As Congress departed late last week for the Memorial Day recess, bipartisan legislation was introduced in the Senate aimed at combating cyber attacks on U.S. companies.
The bill is somewhat different than other legislation being debated or introduced in Congress in that it would give U.S. officials strong authority to combat computer espionage and theft of valuable commercial data.
And unlike other legislation that has become bogged down because of privacy concerns from powerful interests, this legislation is seen as having a very good chance of passage in this Congress. That's because its sponsors will seek to attach it to must-do legislation, the National Defense Authorization Act, and because it has strong support from senior members of the Senate.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.