What They Are Saying: Business Stakeholders Urge Passage of Peters & Rounds Bipartisan Bill to Restore Critical Cybersecurity Protections

WASHINGTON, D.C. — Stakeholders and organizations across every sector of the economy are calling for the urgent passage of bipartisan legislation introduced by U.S. Senators Gary Peters (D-MI), Ranking Member of the Homeland Security and Governmental Affairs Committee, and Mike Rounds (R-SD) that would renew critical cybersecurity provisions that expired on September 30, 2025. The Protecting America from Cyber Threats Act would reauthorize a bipartisan law that has been in place for ten years that enables private companies to voluntarily share cybersecurity threat indicators – such as malware signatures, software vulnerabilities, and malicious IP addresses – with the Department of Homeland Security (DHS). This collaboration has helped prevent data breaches, protected personal information, and strengthened the federal government’s ability to respond to cyberattacks from foreign adversaries and criminal networks. 

The bipartisan bill is supported by organizations across business sectors including Business Roundtable, the U.S. Chamber of Commerce, and the National Retail Federation. Together these organizations represent hundreds of thousands of American businesses that make up over a quarter of U.S. gross domestic product. To see the full list of stakeholders who support extending cyber threat information authorities, click here. Below are statements in support of the legislation:

“Business Roundtable strongly supports the Protecting America from Cyber Threats Act, which would reauthorize the critical protections that encourage voluntary, real‑time cyber threat information sharing between the private and public sectors,” said Amy Shuart, Vice President of Technology & Innovation, Business Roundtable. “This important legislation would provide businesses with much-needed certainty to share information quickly and defend against escalating cyber threats. We commend Senators Peters and Rounds for championing this vital work and encourage Congress to work together to pass a long-term reauthorization as soon as possible.” 

“The U.S. Chamber of Commerce applauds Sens. Gary Peters (D-MI) and Mike Rounds (R-SD) for introducing S. 2983, the Protecting America from Cyber Threats Act,” said Matthew J. Eggers, Vice President for Cybersecurity Policy in the Cyber, Space, and National Security Policy Division, U.S. Chamber of Commerce. “S. 2983 would reauthorize crucial cybersecurity threat information-sharing authorities for 10 years, helping businesses strengthen their defenses against foreign cyber threats and criminal groups. Lawmakers must quickly reauthorize these cyber information-sharing authorities to give businesses legal certainty and protection against frivolous lawsuits when voluntarily sharing and receiving threat data.”  

“The National Retail Federation (NRF) supports the Protecting America from Cyber Threats Act (S. 2983) and other House and Senate efforts to end the recent lapse in critical legal protections for cybersecurity information sharing,” said David French, Executive Vice President, Government Relations, NRF. “Retailers have dramatically increased their cyber threat information sharing with each other and with government partners over the past decade, due in part to these legal protections, and we are concerned that a prolonged lapse would impair this progress.” 

###

Print
Share
Like
Tweet