Gary C. Peters

07/16/2024 | Press release | Distributed by Public on 07/16/2024 15:31

Peters Introduces Bipartisan Bill to Harmonize Federal Cybersecurity Regulations

WASHINGTON, D.C. - U.S. Senator Gary Peters (MI), Chairman of the Homeland Security and Governmental Affairs Committee, introduced bipartisan legislation to establish a comprehensive framework for harmonizing cybersecurity regulations across the federal government. The bill would mitigate challenges associated with conflicting, contradictory cybersecurity compliance requirements by establishing an interagency Harmonization Committee at the Office of the National Cyber Director (ONCD). Earlier this month, Chairman Peters held a hearing to examine the current federal efforts to align overlapping federal cybersecurity standards. Witnesses emphasized the significant impact that duplicative or contradictory requirements have on businesses and the need for Congress to take swift action to standardize regulations across critical infrastructure sectors.

"In order to properly combat the threat of cyberattacks, federal agencies must have comprehensive, coordinated cyber regulations in place," said Senator Peters. "My bill will harmonize federal cybersecurity regulations to ensure our government and regulators are working together to address cybersecurity threats in the most effective way."

As cyberattacks grow in intensity and frequency, the cybersecurity compliance environment has become increasingly complex as agencies and regulatory bodies work to prevent online attacks. In many instances, rather than promoting increased cybersecurity, the complex, contradictory, and convoluted compliance landscape has forced companies to spend time, money, and expertise on regulatory examinations. By some estimates, cybersecurity teams are spending 40 to 70% of their time on compliance rather than improvements to their cybersecurity.

The bipartisan Streamlining Federal Cybersecurity RegulationsAct would address the challenges associated with multiple regulatory regimes by establishing an interagency Harmonization Committee at the Office of the National Cyber Director (ONCD). The bill requires the committee, headed by ONCD, develop a framework for the alignment of cybersecurity and information security regulations, rules, examinations, and other compliance requirements. Additionally, the bill establishes a pilot program to test the developed framework on substantially similar regulations. It also requires that all agencies, including independent regulatory agencies, consult with the committee before issuing or updating regulations.

As Chairman of the Homeland Security and Governmental Affairs Committee, Peters has led efforts to ensure our nation is better prepared to defend against cyber-attacks. His historic, bipartisan provision to require critical infrastructure owners and operators to report to CISA if they experience a substantial cyber-attack or if they make a ransomware payment was signed into law. Peters' bipartisan bill to enhance cybersecurity assistance to K-12 educational institutions across the country was also signed into law. Peters' bipartisan bills to bolster cybersecurity for state and local governments, strengthen the federal cybersecurity workforce, and help secure federal information technology supply chains have been signed into law.

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