Lawmakers urge SEC to propose mandatory cybersecurity reporting rules

Lawmakers urge SEC to propose mandatory cybersecurity reporting rules
Lawmakers urge SEC to propose mandatory cybersecurity reporting rules

“America’s economic prosperity is linked to strong cybersecurity defenses in the private sector,” the letter says.

Senators Introduce Bill Requiring Notification Of Cyber Incidents Within 24 Hours

Senators Introduce Bill Requiring Notification Of Cyber Incidents Within 24 Hours
Senators Introduce Bill Requiring Notification Of Cyber Incidents Within 24 Hours

“We shouldn’t be relying on voluntary reporting to protect our critical infrastructure,” Sen. Warner said.

Mandatory Cyber Reporting Within 24 Hours: Sen. Warner Bill

Mandatory Cyber Reporting Within 24 Hours: Sen. Warner Bill
Mandatory Cyber Reporting Within 24 Hours: Sen. Warner Bill

Sen. Warner’s draft legislation, long expected, marks one of the first attempts to create a federal law mandating cyber incident reporting by some entities. Notably, the bill provides reporting entities with a degree of privacy and legal protection.

Sen. Young: ‘Go On Offense’ In China Tech Race; Bipartisan Bill Gathers Steam

Sen. Young: ‘Go On Offense’ In China Tech Race; Bipartisan Bill Gathers Steam
Sen. Young: ‘Go On Offense’ In China Tech Race; Bipartisan Bill Gathers Steam

“Some do not believe this is an appropriate role for the government…” Republican Sen. Young said in an interview. “…[B]ut, simply, the private sector and venture capital community is not up to shouldering this task on its own.”

Build A ‘Department Of Cyber:’ Former DNI McConnell

Build A ‘Department Of Cyber:’ Former DNI McConnell
Build A ‘Department Of Cyber:’ Former DNI McConnell

PENTAGON CITY: Sen. Susan Collins has a bill about how to improve cyber sharing that should go to markup next week and she spoke about the challenges cyber poses to the government this morning at the Intelligence and National Security Alliance annual conference here. Three former directors of National Intelligence — John Negroponte, Mike McConnell and…

Troubled SAC OKs $500M For Syrian Rebels

CAPITOL HILL: After bitter debate, the Senate Appropriations Committee voted 21 to 9 to approve the administration’s request for $500 million in training and weapons for “vetted” Syrian rebel fighters. Now the annual defense spending bill and supplemental Overseas Contingency Operations (OCO) funding pass to the Senate floor, largely unchanged from what SAC’s defense subcommittee…

SAC To Budgeteers: Stop Sequestration, Avoid Another Shutdown

SAC To Budgeteers: Stop Sequestration, Avoid Another Shutdown
SAC To Budgeteers: Stop Sequestration, Avoid Another Shutdown

CAPITOL HILL: “That’s a real softball question, so I’ll try to knock it out of the park,” the witness told the senator. There’s a scripted quality to many legislative hearings, but it’s rare to hear the actors break character and admit they’re in a play. The exchange above actually happened, between Rockford, Ill. mayor Larry…

Hagel, Dempsey Beg Appropriators For Sequestration Wiggle Room

Hagel, Dempsey Beg Appropriators For Sequestration Wiggle Room
Hagel, Dempsey Beg Appropriators For Sequestration Wiggle Room

CAPITOL HILL: Even amidst the furor over sexual assault and NSA leaker Edward Snowden, the budget cuts known as the sequester dominated this morning’s discussion before the Senate Appropriations Committee. Testifying before SAC’s subcommittee on defense, Defense Secretary Chuck Hagel and Joint Chiefs chairman Gen. Martin Dempsey both pleaded for, in Hagel’s words, “time and flexibility.” The…

Navy’s Ray Mabus: ‘Sequestration Looms Over Everything’ On Shipbuilding

CAPITOL HILL: Sequestration is not the Navy’s only shipbuilding problem. In the near term, the automatic cuts to the 2013 budget are bedeviling efforts to save money by buying ships in bulk. Negotiators are racing the clock to salvage a multi-year procurement contract to buy 10 DDG-51 Aegis destroyers for the price of nine; Navy…

Collins Slams Colleagues As Ineffective, Too Partisan

WASHINGTON: Sen. Susan Collins blasted the “highly politicized” nature of Congress, questioning whether lawmakers can resolve any of the major problems facing it, including the threat of sequestration. Collins, one of the few surviving Republican moderates on the Hill, noted the positive results for the Navy in the fiscal 2012 defense appropriations during her speech…