New Bill Would Regulate Business Cybersecurity

Business expected tougher environmental, financial, and labor regulations from the Obama Administration, but it looks like the feds may be getting ready to move into a new area: the information security practices of some private businesses. As first reported by The Washington Post, Senate Commerce Committee Chairman John D. Rockefeller IV (D-WV) and Senator Olympia J. Snowe (R-Me.) would set federal security requirements for private systems that control critical infrastructure, such as the electrical power grid, and would come with enforcement powers.

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