(RNN) - The Cyber Intelligence Sharing and Protection Act (CISPA) was introduced in the U.S. House of Representatives by representatives Mike Rogers, R-MI, and Dutch Ruppersberger, D-MD, in November 2011.
The bill would open up communication between the federal government and businesses in the interest of detecting and fighting cyber threats.
The government would be able to issue security clearances to share classified cyber threat intelligence to private business employees.
The bill defines cyber threat intelligence as "information in the possession of an element of the intelligence community directly pertaining to a vulnerability of, or threat to, a system or network of government or private entity, including information pertaining to the protection of a system or network from: (1) efforts to degrade, disrupt or destroy such system or network; (2) theft or misappropriation of private or government information, intellectual property, or personally identifiable information."
The bill also exempts businesses and government entities from lawsuits if they use the information gathered in "good faith."
In an effort to provide transparency to the public, an annual report on the sharing and use of information by the federal government would be submitted to Congress.
The sensitive information shared with the government and other businesses would not be open to the public.
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