What Does Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness Act of 2011 (PRECISE Act of 2011) Mean?
The Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness Act of 2011 (PRECISE Act of 2011) is pending legislation that amends the Homeland Security Act of 2002 through improved cybersecurity laws. The proposal would establish a federal overseer to act as a quasi-governmental agency to coordinate information sharing between the public and private sector. The act is designed to encourage private firms to share information on cyber threatsOn April 18, 2012, the House Committee on Homeland Security passed the PRECISE Act of 2011 by voice vote.
The PRECISE Act of 2011 is also known as H.R. 3674 and the Lungren Bill.