(Bloomberg) — The Senate is advancing legislation that would let companies and the U.S. government share information about hacking threats, even as privacy advocates say the plan could enable the National Security Agency to sweep up information about innocent Americans.
Bank of America Corp., Visa Inc. and other companies operating critical U.S. computer systems would be given legal protections for sharing hacking threats with each other and the government under a bill backed July 8 by the Senate's Intelligence Committee.
Supporters including the American Bankers Association and the Financial Services Roundtable are at odds with the American Civil Liberties Union and other privacy advocates over the bill.
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