US advances cyber threat bill

National-Security-Agency--008A move that would allow the US government to share cyber information with private companies has been given the nod by a key committee.

The US Senate Intelligence Committee voted 14-1 on Thursday to approve a bill intended to enhance information sharing between private companies and intelligence agencies about cybersecurity threats.

The Bill will go to the Senate where it is expected to get a full backing – after all many private companies would like all that data that the US intelligence services collect and are quite happy to pay their tame Senators to change the law to get it.

Privacy advocates opposed the bill, worrying that it would do too little to prevent more data collection by the National Security Agency and other US intelligence agencies.

Privacy concerns were cited by the only member of the committee who voted against the bill, Democratic Senator Ron Wyden of Oregon who saw it as another surveillance bill.

In practice the law is targeted at preventing the major cyber attacks and co-ordinate companies and government departments better. Microsoft, Lockheed Martin and Morgan Stanley, had pushed for a such a threat-sharing bill.