Senators Marsha Blackburn and Cynthia Lummis want to change a 2015 bill to allow “voluntary information sharing of cyber threat indicators among cryptocurrency companies.”
or digital assets to report network damage, data breaches, ransomware attacks, and related cybersecurity threats to government officials for possible assistance. Should the bill be signed into law, agencies including the Financial Crimes Enforcement Network and the Cybersecurity and Infrastructure Security Agency would issue policies and procedures for crypto firms facing potential cybersecurity risks.
in the Senate in October 2015, essentially set up a framework for the U.S. government to coordinate cybersecurity reports from “private entities, nonfederal government agencies, state, tribal, and local governments, the public, and entities” and recommend possible methods to prevent and protect against attacks. Under the proposed amendment, the legislation would be renamed the Cryptocurrency Cybersecurity Information Sharing Act.
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