Published: April 25, 2012
Citing a critical need for Congressional action to create the framework for more effective sharing of cybersecurity information between the government and the private sector, Business Roundtable (BRT) calls for the House to approve H.R. 3523, the Cyber Intelligence Sharing and Protection Act (CISPA), bipartisan legislation introduced by Representatives Rogers and Ruppersberger.
In a letter to the House, Business Roundtable CEOs urged support for CISPA, as it represents “an essential component to a more robust and responsive cybersecurity infrastructure.”
BRT believes CISPA best meets the criteria for legislation articulated in its recent report, “Mission Critical: A Public-Private Strategy for Effective Cybersecurity,” as it contains solutions that are:
The World Economic Forum calls threats to cybersecurity one of the top five global risks facing the world today, citing “the prevalence of cyber theft and the little understood area of all-out cyber warfare.”
– Global Risks 2012
More Effective Cybersecurity Will Help Sustain U.S. Information Technology Leadership and Protect Strategic Economic Assets
Business Roundtable (BRT) is an association of chief executive officers of leading U.S. companies with over $6 trillion in annual revenues and more than 14 million employees. BRT member companies comprise nearly a third of the total value of the U.S. stock market and invest more than $150 billion annually in research and development – nearly half of all private U.S. R&D spending. Our companies pay $163 billion in dividends to shareholders and generate an estimated $420 billion in sales for small and medium-sized businesses annually.
BRT companies give nearly $9 billion a year in combined charitable contributions.