Would information sharing act help credit unions?

first_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr One of my faithful readers emailed yesterday and asked me what I thought of the cyber security legislation that passed the Senate earlier this week. So here goes:  Quite simply any action that shows Congress is waking up to the need for federal  action aimed at creating a more robust cyber security infrastructure   is a step in the right direction, but since  the core challenge of making merchants more responsible for how they protect consumer information remains. Credit unions will see little direct or immediate benefit if this legislation becomes law.Senate bill 754, The Cyber Security Information  Sharing Act of 2015,  passed with strong bipartisan support and takes some important steps  designed to make it easier for the government and the private sector to respond to and deter cyber threats.  For example Homeland Security, the Director of National Intelligence, the Department Of Defense and the Justice Department would have to promulgate procedures for the “timely sharing” of  classified cyber threat indicators. The bill would also setup a framework that  would allow  companies to voluntarily monitor  each other’s information systems.  Companies that exercise these powers are shielded from lawsuits, including those alleging   violations of antitrust law. continue reading »last_img read more

Huntington Station House Fire Leaves Man Dead

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A 76-year-old man died in a Huntington Station house fire on Thursday night, Suffolk County police said.Officers responded to the blaze on Dawson Street, where firefighters entered the burning house and extracted Henry Lindemann, who was taken to Huntington Hospital, where he died at 9 p.m., police said.The victim’s 68-year-old sister, Diane, escaped the fire but was treated at the same hospital for smoke inhalation, police said.Firefighters from the Huntington Manor Fire Department, Huntington Fire Department, Melville Fire Department, Greenlawn Fire Department, Dix Hills Fire Department and Halesite Fire Department extinguished the flames.Investigators do not believe the cause of the fire to be suspicious. Homicide Section and Arson Section detectives are continuing the investigation.last_img read more