Proposed legislation aimed at improving security in government and private-sector companies that operate financial networks, power plants and telecommunications networks calls for more sharing of cybersecurity threats and the creation of an information-sharing organization, reports Bloomberg. Lawmakers, industry experts and consumer advocates have weighed in on the bill, saying more definition is needed to protect consumer privacy and better define the role of the envisioned organization--as well as how the Department of Homeland Security fits into the picture. The bill's backer, Rep. Dan Lungren (R-CA) says, based on the testimony, he will incorporate more privacy protections and clarity. He plans to formally present the bill next week.
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