The U.S. Senate debated a controversial bill this past Tuesday that would give companies immunity from data breaches in exchange for sharing information regarding potential cyber threats. The bill has faced broad opposition from privacy groups.
Senate Majority Leader Mitch McConnell told reporters he hoped to pass the bill by early next week. The bill will still need to be combined with a similar legislation in the House.
The Cyber Security Information Sharing Act of 2015, or CISA, co-sponsors defended the bill against accusations that the bill have an impact on privacy, something that has delayed the bill from passing in the past.
In recent days the bill has faced opposition from major technology companies but the lawmakers who wrote the legislation say the information sharing is voluntary and not required by any one company.
Privacy groups have opposed the legislation saying that it would increase the governments ability to snoop into the private life of citizens. Security experts, on the other hand, say that it won’t do much to prevent cybersecurity threats faced in the past.
Spearheaded by the U.S. Chamber of Commerce, the business community is pushing for the legislation because it would protect the companies from lawsuits. Companies already share information with government groups and private sector groups under the current laws.