Political Quotes

“Mr. President, I rise to introduce the Cybersecurity Information Sharing Act of 2012, which will improve the sharing of cyber threat and cybersecurity information in the private sector and with the federal government. We all know that the cyber threat is perhaps the number one threat to our Nation at this time. It is significant that just last month, at the Senate Intelligence Committee's hearing on Worldwide Threats, the U.S. Intelligence Community's official statement equated cyber threats to terrorism and proliferation as the highest priority threats to our security. An unclassified report by the Intelligence Community made public in November 2011 said cyber intrusions against U.S. companies cost untold billions of dollars annually and named China and Russia as aggressive and persistent cyber thieves. One of the main obstacles to better U.S. cybersecurity is that a combination of existing law, the threat of litigation, and standard business practices prevent or deter the private sector from sharing information about the cyber threats they face and the losses of information and money they suffer. We know there have been multi-million dollar cyber thefts from the Royal Bank of Scotland, Citibank, and other financial institutions. But companies like these are reticent about making public these cyber attacks because that could further damage their bottom line.…”