Trade Associations Urge Senate to Act on Cybersecurity Bill

The Financial Services Roundtable, American Bankers Association, and SIFMA (collectively, the "Associations") issued a statement urging Senate lawmakers to immediately proceed to consideration of the Cybersecurity Information Sharing Act ("CISA").

The Associations contended that the CISA would allow financial firms and other sectors to better protect American consumers and businesses by sharing critical information about cyberattacks with each other, the government, law enforcement and other institutions.

See: SIFMA Press Release.Related news: SIFMA Urges Passage of Senate Cybersecurity Legislation (June 10, 2015); Mercatus Scholar Asserts That CISA Threatens Privacy and Security (May 13, 2015).