Mr. President, I rise to speak on the motion to proceed to S. 3414, which is the Cybersecurity Act of 2012. This cloture motion has been filed that will ripen sometime tomorrow, but I think it is the hope of Members on both sides of the aisle that we can proceed to vote on the motion to proceed today. I am hopeful colleagues on both sides of the aisle will vote to proceed, because although there continues to be some disagreement about the content of this bill and different approaches taken, I don't think there is any Member of the Senate who doesn't appreciate the fact that our country is currently under cyber attack every day, our businesses are victims of cyber theft every day, with the consequential loss of billions of dollars' worth of investments and, I would say, tens of thousands of jobs going elsewhere. So this bill is not a solution in search of a problem; it is an attempt to solve a problem. Although there may be differences still on different components of the bill, I hope everybody will join together in at least saying: Let's proceed to the debate, and let's see if we can reach a conclusion before we leave for the August break next week. I will report in this regard that this morning there was a second meeting held of those who have been most active in supporting different legislation that deals with the cyber threat to America.…
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I thank my friend from Delaware for the question. This is now a voluntary system and there is a lot to be said about that. I want to go back to that meeting yesterday. We had a broad bipartisan group of Senators who have been most active…
Basically, I would say I agree. There is not much I could add to that. This is not legislation that is a solution in search of a problem. This is a real problem. Again, we are hearing it from all the cyber security experts. If the private…





