Business community takes aim at Senate cybersecurity bill

02/15/2012 | Bloomberg Businessweek · Hill, The

Senate Republicans and U.S. business-community representatives expressed concern over bipartisan cybersecurity legislation introduced Tuesday, with top-ranking GOP lawmakers saying the measure fails to satisfy their "process concerns" and needs more time in committee. Peter Freeman, vice president at The Financial Services Roundtable, said that if "the end goal is to strengthen cybersecurity as we know it, why should we throw out what is working? Where existing structures have proved successful we shouldn't replace them."

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Bloomberg Businessweek · Hill, The

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