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ICBA and other groups urged Congress to reauthorize the
Cybersecurity Information Sharing Act (CISA 2015) before it expires on Sept. 30, warning that failure to act could eliminate a valuable tool used to protect U.S. critical infrastructure sectors.
Background: The bipartisan CISA legislation—enacted after an Office of Personnel Management breach in 2015—provides private-sector entities with information and liability protections for sharing cyber threats. It also includes an antitrust exemption that provides similar protections for sharing between private companies.
Details: In a letter to congressional leaders, ICBA and the other groups said:
This voluntary information-sharing framework has been instrumental in strengthening the country’s collective defense against cybersecurity threats.
The expiration of these protections would leave the U.S. vulnerable to nation-state attacks and cybercriminals.
ICBA Resources: Cyber and data security resources for community bankers are available on the ICBA website.