In testimony before the U.S. House of Representatives Permanent Select Committee on Intelligence, in a hearing on “Advanced Cyber Threats Facing Our Nation,” Business Roundtable President John Engler said:
- “From our perspective, the missing piece of effective cybersecurity is robust, two-way information sharing, with appropriate legal and privacy protections, between business and government.” …
- “The current information sharing environment is not supported by strong legal protections to safeguard companies that share and receive cybersecurity information from civil or criminal action.”
- “Furthermore, there are not nearly enough security clearances. In many cases, only one or two employees are cleared even within very large global enterprises, which create difficulties in communicating problems and acting quickly across global operations.”
- “And, without access to timely and actionable threat information, senior corporate leaders can only speculate about which threats are greatest and how to best manage them.”
- “… [W]e support … robust, two-way information sharing, with appropriate legal and privacy protections, between government and the private sector to exchange the specific threat information that will allow both government and businesses to better secure the nation’s critical assets.” …
- “We applaud [Chairman Rogers and Ranking Member Ruppersberger] for reintroducing the ‘Cyber Intelligence Sharing and Protection Act’ (CISPA), which Business Roundtable supported last year.“
- “We … encourage [the House] to work with … the Senate, as well as the Administration to ensure this important legislation contains appropriate legal and privacy protections that will pass both chambers of Congress expeditiously and be signed by the President.”
Click here to view the full testimony.
Click here to learn more about Business Roundtable’s recommendations for more effective cybersecurity protection.