WASHINGTON — The Senate approved a key cybersecurity bill Tuesday after several days of debate on the chamber floor — and several years of lobbying by business groups, including bankers.
The Cybersecurity Information Sharing Act would make it easier for the private sector and government to share cyber threat information. The bipartisan legislation failed to advance on the floor several times earlier this year before this latest effort, which kicked off last week. The legislation is a victory for the banking industry and other firms, in part because it provides certain liability protections for companies passing along data about potential attacks. The bill passed the Senate 74-21.
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