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Financial Services Roundtable Backs CISA in Media Blitz

The Financial Services Roundtable (FSR) began broadcasting an ad Monday on Washington-area radio station WTOP and is circulating a video via YouTube supporting the controversial Cybersecurity Information Sharing Act amid continued interest in S-754’s prospects in the Senate. The U.S.…

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“needs a team approach to fight this national security threat,” FSR said in its radio ad. CISA “is part of the solution. This bill would enable businesses and the government to voluntarily share cyberthreat information, not personal information, to better protect Americans from hackers. Tell the Senate, we need to pass CISA now. Hackers aren’t waiting, so why are we?” It remains unclear if S-754 will return to the Senate floor this week as the bill’s top supporters had hoped earlier this month (see 1510060046). Senate leaders may tee it up once the body votes as early as Tuesday on a bill prohibiting federal funding for sanctuary cities, an industry lobbyist said. Senate consideration of S-754 was previously delayed amid negotiations over condensing the original 22 amendments up for consideration. FSR and other financial services groups have strongly backed S-754. FSR and 13 other finance-related groups said in a joint letter to Senate Majority Leader Mitch McConnell, R-Ky., Minority Leader Harry Reid, D-Nev., and the leaders of the Senate Intelligence Committee that passage of the bill “would be a significant step forward toward clarifying what is permissible and what is not and ensuring that the government and the private sector work more closely together to mitigate cyber threats.” Meanwhile, Wikimedia joined the tech entities that have begun publicly opposing S-754. Its policy division said via Twitter Sunday that “we believe in fighting for our users['] privacy and security,” while S-754 “endangers both.”