Paul Kurtz of Quartz on how Congress wants companies facing cyber attacks to share data, with this desire coming at just the right time considering the amount of breached American businesses:
Congress has recently taken significant action to minimize the legal risks for companies voluntarily sharing cyber incident information with the passage of the Protecting Cyber Networks Act (HR-1560) and the National Cybersecurity Protection Advancement Act of 2015 (H.R. 1731). These bills provide liability protection for companies that share cyber threat indicators and defensive measures to combat a threat among one another and, should they choose, with the government. It is important to note that unlike past efforts, taken together these bills are not solely aimed at encouraging companies to share cyber threat information with the government, but rather, at breaking down the barriers that often stop them from sharing even among themselves.
These bills follow closely on the Executive Order president Obama signed in February promoting private sector sharing of cyber threat information, and mirror similar proposals currently under debate in the Senate. With these actions, the U.S. government is sending a clear signal that it recognizes the vital role of information sharing in our efforts to stay ahead of our adversaries. We know that the bad guys are collaborating and yet, the defenders often have had to go it alone. This disadvantage will continue until we eliminate corporate reluctance to share information on cyber incidents.