Cybersecurity, Executive Insight, Policy & Regulation

House passes CISPA cybersecurity bill, Obama threatens veto

The U.S. House of Representatives voted 288-to-127 to pass the Cyber Intelligence Sharing and Protection Act (CISPA), a cybersecurity bill with the stated aim of strengthening the government’s ability to respond to cyber attacks. The White House has threatened to veto the bill over concerns about privacy and civil liberties.

The bill (known also as H.R. 624) passed through the House a year ago in April 2012, but was not passed in the Senate. The bill was reintroduced in February 2013.

Should the bill be signed into law, private companies would be encouraged to share cyberthreat information with agencies of the federal government. Proponents of the bill say there are as many as 25 million victims of cybercrime every day.

Telecommunications and information technology companies such as Intel, IBM, Oracle, Symantec, AT&T and Verizon support the bill’s passage.