Fortune 500 Cos. Want Cybersecurity Legislation, Sen. Says

Law360, New York (January 30, 2013, 6:25 PM EST) -- Sen. Jay Rockefeller, D-W.Va., said Wednesday that many of the 500 largest U.S. companies supported the creation of voluntary corporate cybersecurity standards, contradicting the U.S. Chamber of Commerce's long-standing position that such federal legislation would harm businesses and should be scrapped.

Many of the 300 companies that have responded to a September letter Rockefeller sent to the CEOs of all Fortune 500 companies were “generally supportive” of recent failed efforts to establish a federal program that would enable the private sector and the federal government to...
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