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U.S. House Intelligence Committee Approves Protecting Cyber Networks Act

On Thursday, March 26, the U.S. House Intelligence Committee unanimously approved the text of the Protecting Cyber Networks Act (H.R. 1560), two days after it had been introduced. The bill is similar, but not identical, to the Senate’s Cybersecurity Information Sharing Act of 2015 (“CISA”), which was passed by the Senate Intelligence Committee on March 18. It is...

CFTC Holds Cybersecurity Roundtable March 18

As noted in our previous entry, staff from the Commodity Futures Trading Commission (CFTC) held a Public Roundtable on Cybersecurity and System Safeguards Testing on March 18, 2015. The Roundtable, which included participants from the private sector and government agencies, could be a kick-off event for a larger CFTC initiative to address issues related to cybersecurity. The Roundtable...

Proposed Cybersecurity Information Sharing Act of 2015

The U.S. Senate Intelligence Committee released the Cybersecurity Information Sharing Act of 2015 (S.754) on March 18, 2015. The bill would encourage the sharing of cybersecurity threat information, require measures to protect individual privacy and civil liberties interests, and offer liability protections to the private sector. Under the bill, information sharing would be voluntary,...

U.S. Intelligence Agencies to Establish Cyberthreat Intelligence Sharing Center

On February 25, President Obama issued a memorandum directing the Director of National Intelligence (DNI) to establish the Cyber Threat Intelligence Integration Center (CTIIC).  Creation of the CTIIC was first publicly announced on February 10 by Lisa Monaco, White House homeland security and counterterrorism advisor.  The purpose of the center is to provide a central clearinghouse for...

New York’s Insurance Regulator Announces Results of Cybersecurity Survey and Previews New Regulatory Initiatives

On February 9, the New York Department of Financial Services (DFS) released a Report on Cyber Security in the Insurance Sector (Report), summarizing the results of a survey completed by 43 insurers about their cybersecurity programs, costs and future plans. The Report also announced a series of measures that DFS will take in the future to help strengthen cybersecurity in the insurance...

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