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Rounds Co-sponsors Bill Renewing Cyber Security

Sens. Mike Rounds, R-S.D., and Gary Peters, D-Mich. introduced a bill Wednesday to extend the Cybersecurity Information Sharing Act of 2015, which expires in September.

According to the official press release from Sen. Peters’ office, the bill would extend the law for another 10 years, protecting consumers and businesses from cyber attacks by allowing companies to share threat information with the government without legal penalties.

“Allowing this legislation to lapse would significantly weaken our cybersecurity ecosystem,” Rounds said in the press release.

For South Dakota residents and businesses, this law helps prevent data breaches that could expose personal information, disrupt essential services, or lead to financial losses. The protection is especially important for agricultural operations, financial institutions, and utilities across the state.

According to the Cybersecurity and Infrastructure Security Agency (CISA) ‘s official website, this law is currently used to alert organizations about active cyber threats.

Chad Cragle, CISO at cybersecurity firm Deepwatch, told Cybersecurity Dive the law was “one of the few legislative tools that truly moved the needle” for cybersecurity professionals.

Without the law’s extension, businesses would face increased legal risks when sharing information about cyber threats, potentially leaving consumers more vulnerable to data breaches and service disruptions.

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Finance.

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