(Bloomberg) — Privacy advocates have objected to a billscheduled for a Senate committee vote on Thursday that would shieldcompanies from lawsuits when they share information aboutcyber-attacks with each other and federal agencies.

Industry groups, such as the Financial Services Roundtable,largely support the bill that's under consideration by the Senateintelligence committee and has the backing of the panel's rankingDemocrat and Republican chairman.

Companies have resisted providing data to the government abouthacking attacks out of concern they could be sued if theyaccidentally included private information about their customers, oraccused of violating antitrust laws. Information sharing is neededto help prevent attacks that are growing more sophisticated anddangerous, according to the Obama administration.

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