Senate advances cybersecurity defense

Wednesday - 7/9/2014, 9:21am EDT

The Senate Intelligence Committee has approved the Cybersecurity Information Sharing Act. The legislation is designed to expand information shared about cybersecurity threats and defensive mechanisms between the government and companies and within the private sector. The goal is to combat the rapid increase in attacks on computer systems that have resulted in the theft of millions of Americans' personal information and hundreds of millions of dollars in losses for businesses.