The Senate-passed cybersecurity bill, known as the Cybersecurity Information Sharing Act (CISA), encourages information sharing among businesses and the government when it comes to cybersecurity and data-breaches. While it may sound like a phenomenal opportunity in the fight against cybercrime, the bill has one deal breaker for many: Section 407.
This section is opposed by industry groups due to concerns that the language mandates, instead of encourages, companies to report information. Additionally, some feel that government agencies will take too strong of a role in both assessing and instructing companies how to deal with a cyber threat. Perhaps most concerning, however, is the fear that this bill will pave the way to more government regulation of technology.