From Bloomberg Law:
Companies are facing the risk that they will be left alone to fend off cyber attacks.
Even as authorities warn of relentless cyber threats, a key tool companies use to safely share information with other businesses and the government is set to expire. Meanwhile, the Cybersecurity and Infrastructure Security Agency, the federal body that oversees public-private sharing of cyber data, has had its funding cut by the Trump administration, which has blasted it for allegedly targeting conservative speech.
The Cybersecurity Information Sharing Act of 2015 shielded companies from lawsuits and liability if they were willing to share details about threats and vulnerabilities with each other and with federal agencies. That law and its immunity protection have encouraged industry to disclose threat intelligence for the last decade, but they’ll expire at the end of the month unless Congress takes action.
Read more at Bloomberg Law.
