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![handle is hein.usccsset/usconset60267 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
GP
Calendar No. 28
114TH CONGRESS REPORT
1st Session SENATE 114-32
CYBERSECURITY INFORMATION SHARING ACT OF 2015
APRIL 15, 2015.-Ordered to be printed
Mr. BURR, from the Select Committee on Intelligence,
submitted the following
REPORT
together with
ADDITIONAL VIEWS
[To accompany S. 754]
The Select Committee on Intelligence, having considered an
original bill (S. 754) to improve cybersecurity in the United States
through enhanced sharing of information about cybersecurity
threats, and for other purposes, reports favorably thereon and rec-
ommends that the bill do pass.
BACKGROUND AND NEED FOR LEGISLATION
Over the last several years, the Committee has listened with in-
creasing alarm to the testimony of senior intelligence officials and
private sector experts about the growing cybersecurity threats to
our nation.
The Committee has already seen the impact these threats are
having on the nation's security and its economy as losses to con-
sumers, businesses, and the government from cyber attacks, pene-
trations, and disruptions already total billions of dollars. Beyond
direct monetary losses, the continuing efforts of foreign actors to
steal intellectual property will have far reaching impacts on the in-
novation upon which a robust economy and strong military relies.
The Committee has seen widespread theft through cyberspace in-
creasingly evolve into disruptive and destructive attacks. American
financial institutions have been subjected to denial of service at-
tacks by foreign actors that blocked consumers' access to banking
services. Critical infrastructure companies abroad and businesses
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