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Senator urges quick renewal of cybersecurity information‑sharing law, cites industry backing
Summary
An unnamed senator told the committee that industry groups and the Trump administration support a clean, 10-year extension of a voluntary cybersecurity information‑sharing law and urged the committee chairman to act before the law expires.
An unnamed senator told a Senate committee that industry stakeholders and the Trump administration are asking Congress to renew a voluntary cybersecurity information‑sharing law that the speaker said is set to expire within days.
The senator named several business groups as supporters and said a bipartisan bill introduced in April with Sen. Rounds would provide a "clean extension" of the law for 10 years so the private sector can continue to rely on its protections. "We absolutely absolutely must prevent any further harm that would result from a lapse of this proven law," the senator said.
The senator listed the Business Roundtable, the Business Software Alliance, the Banking Policy Institute, the Chamber of Commerce and the Information Technology Industry Council as organizations that support extending the statute so companies can share information with the federal government and coordinate response to breaches.
Explaining the urgency, the senator argued that cyber attackers "get more sophisticated" and that additional legal protections are needed to shore up defenses. "If we don't move now, we will essentially open the door for cyber criminals and foreign adversaries to do irrevocable damage to our information networks, our major industries, and our economy as a whole," the senator said.
The senator said that in April he and Sen. Rounds introduced a bipartisan bill to extend the law for 10 years and urged the committee chairman to move the measure quickly. The transcript records a call for rapid committee action but does not record any formal vote or committee action on the bill during these remarks.
No specific statute name or citation was provided during the remarks. The senator characterized the measure as a "clean extension" of the existing law; the transcript does not identify implementing details or legislative text. Next steps were described as urging the committee chairman and colleagues to pass the bill before the current expiration.
