House Clears Cybersecurity Bill Despite Veto Threat

Law360, Chicago (April 26, 2012, 9:02 PM EDT) -- The U.S. House of Representatives on Thursday passed a controversial cybersecurity bill aimed at encouraging the government and private companies to share information on cyberthreats, sending it to the U.S. Senate one day after the White House threatened to veto it.

The vote came in at 248-168, with 28 Republicans opposing the Cyber Intelligence Sharing and Protection Act and 42 Democrats voting in favor. The House's approval came after the passage of several amendments and a floor debate, during which the bill's proponents said CISPA provided...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.