Cybersecurity
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Cyberattacks have increasingly affected both public and private entities. Those attacks underscore the need for coordinated action. The U.S. Chamber believes public-private partnership is critical to robust cybersecurity. Together, we must work proactively to make sure key cyber systems are always ready to handle increasing and evolving threats. When government works with the business community, we can enhance security, drive international collaboration, and hold malicious cybercriminals accountable when they violate domestic and international laws.
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U.S. Industry Urges the Senate to Pass CISA. The bipartisan bill safeguards privacy, preserves the distinct roles of civilian and intelligence agencies, and incentivizes appropriate sharing with narrow liability protections. The Protecting America’s Cyber Networks Coalition (the coalition), which represents nearly every sector of the U.S. economy, supports S. 754, the Cybersecurity Information Sharing Act (CISA) of 2015. The Select Committee on Intelligence passed CISA on March 17 by a strong bipartisan vote of 14 to 1. The bill would promote business security and resilience against cyberattacks.
WASHINGTON, D.C. — The Assessment of Business Cyber Risk (ABC) report released today by the U.S. Chamber of Commerce and FICO recorded a National Risk Score of 694 for the first half of 2020, an improvement over the previously-reported 688 in 2019. In the current COVID-19 pandemic, American businesses are seeing an increase in phishing and other malware attacks, so it’s more important than ever for companies to understand their cyber risk and take steps to mitigate it.