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Political and Legislative

The Senate Approves a Bill That Will Require Companies to Report Cyber Incidents

The Senate Homeland Security and Governmental Affairs Committee on Wednesday approved legislation to require many companies to report both major cybersecurity breaches and payments made related to ransomware attacks. 

The committee approved the Cyber Incident Reporting Act, formally introduced last week by committee Chairman Gary Peters (D-Mich.) and ranking member Rob Portman (R-Ohio), by voice vote, with Sens. Rick Scott (R-Fla.), Ron Johnson (R-Wis.) and Rand Paul (R-Ky.) objecting.

 

 

Read the source article at The Hill

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