Sponsor: The protections in this law enable us to mitigate threats before cybersecurity systems become compromised. Image: ChrommaKey/Shutterstock.com
By: FEDweek StaffA law incentivizing companies to voluntarily share cybersecurity threat indicators with the DHS Cybersecurity and Infrastructure Security Agency is due to expire October 1 after 10 years unless renewed by Congress, the ranking Democrat on the Senate Homeland Security and Governmental Affairs Committee has warned.
“The protections in this law enable us to mitigate threats before cybersecurity systems become compromised, and irreversible damage is inflicted across our economy,” said Sen. Gary Peters of Michigan. “If those protections are allowed to lapse, our nation’s information networks will be more exposed, vulnerable, and defenseless than ever before.”
He is a cosponsor of a bipartisan bill (S-1337) to extend for another 10 years provisions of the Cybersecurity Information Sharing Act, which encourages the sharing of threat indicators such as software vulnerabilities, malware, or malicious IP addresses.
That law “has been instrumental in fostering voluntary information sharing and collaboration between industry leaders and federal agencies, enabling the identification and mitigation of cybersecurity threats. Information sharing about security flaws also helps prevent significant breaches and helps support victims of attacks as they recover,” he said in a statement.
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