Vice chairman and i have done. We put together a bipartisan bill put out by that committee of a vote of 12 three some groups still like this or that to look forward to our staff director is here today so we dare open but we do not want to produce something that cannot get a vote. We have been entirely voluntary system that lets companies do three things to monitor the networks to identify cyberindicators and use Counter Measures acanthus cyberthreats and to share in receiving information with each other with federal, state, and local government. Companies will use the authority to monitor and share information to provide full Liability Protection for themselves as long as they do so within the bills parameters and those are clearly spelled out. The bill has a number of protections to make sure the government is the use information for any purpose other than its ever security. And requires a director of National Intelligence to put in place of process of sharing information on it cyberthreats into the governments hands with the private sector. We believe we have a good bill. Were thankful for the support your organization has provided. Well understand this supports of telecom but let me say one thing. We will not have a bill. I tried to get this on the floor and have not had success. Not until communities and get it to say do it and do it now. It is too big to let this bill any longer. Thank you very much for having us here today or to the chamber and ive been around the country or around the world and i talk about cybersecurity. And though sixth eight months ago i was the rotary club every buddys eyes would glaze over. This is not what i refer to you cannot see what is happening out there you can feel it except now people are beginning to understand that has huge financial consequences not just to the economy but to me personally so youre helping to educate people about this and i am very thankful for that. I ran into a friend last thursday in the former director was their agree were talking about the bill and word is the chamber stand . It is absolutely behind as he said great i think your chances just improved significantly. So to all of you thank you for your willingness to give us a chance to dialogue and i want to echo what diatoms and when diane said. She and i have had a great working relationship and it has proved to regrets and republicans check their political hats at the door to do what is in the best interests of the country. We have done that of a number of issues with National Security in nine so glad to have her in the foxhole with me fight these battles whether on the air or on the ground. She said lee had a cybersecurity bill on the floor couple of years ago with competing factions that did not allow that bill to generate more than 56 votes. And what we did after that we were fighting each other on the bill but we both knew the importance of the issues so we sat down together to say this is foolish reno held for to into the issue is to have to come up with the bill that is bipartisan to get a majority to be committed. It isnt easy for these times bipartisanship is an anomaly but be slugged it out to make the right kind of compromises without compromising the principles to receive the 12 three though coming out of the committee u. S. O. C. That coming out of any committee these days that would also be going into the election but also to make sure we had the bill that would provide john and other lawenforcement and Government Agencies the tools that they need to make sure they can detect intrusions on any system public or private that they have the ability to share that information from the public to a private standpoint because if we dont were not accomplishing anything. We wanted to do that with a voluntary system if we mandate you will do this, therell always be pushed back from the private sector. And we knew our chances of success with the not be very good. But and lets build the building which is a separate security bill. We did that and have been able to incorporate good ideas with the public and private sector. And i think we accomplished what we set out to do with a voluntary system. Second, it is imperative we incorporate strong privacy measures in this bill. We cannot allow someones personal information and to be shared on a wholesale basis. We greeted we think we have language to venture that does not happen. The third it is important to put in the bill and it is longterm and the way the Technology Changes on an hourly basis not the daily basis, we want to make sure tenures from now there is flexibility in the legislative language that allows the public to private sector to make the changes to adjust for when Technology Comes for word pro and lastly, another key aspect is to and we have done that now and the right way and we think that a private sector folks but i think we all will read the pope but we will have some comfort to know in the Corporate Board room people will say wow. But to have protection and to with up the fear with the allies goody from the asides sources. I am pleased about this bill and but more influences the and senator reid and i do that i have been floored if theres one piece of legislation that needs to be concluded between now and the end of the year this is it if we dont i fear it will be another year before it rises back to level is now. And if we wait another year we are risking the economy of the United States for i am hopeful when we get back in a couple weeks that senator reid will agree and have this bill on the floor we will slug it out diane and i are joined on the hep and will be together with somebody has a bill that makes it better we are okay trying to send a political message of some sort id do hope we get on the floor to see this said that work to provide its legislation. You are saying all the right things we like to hear Liability Protection and flexibility he also said he does not want personal identifiable information so i think that information in sharing is that i have to ask what are the chances with this bill in the lameduck session . Do we have the chance . I do but it depends on the people in this room i look back three years when we sat down with a chamber then when you had concerns about the bill and it was useful. I went to three years for a big meeting misunderstood with those concerns were. There were remedy in this bill this bill is another regulatory guideline it is a voluntary bill to allow the voluntary sharing of information with the government from lawsuits it is critical and the first step to of first that bill here is my worry if we dont get this passed now and then we have all the arguments we already had with a new cast of characters and companies will continue to be hit. So you and i share a big sense of alacrity to get this done. We need others to stand up to say yes so get to the bill and pass it. What gives us the potential is the way house came with the executive order virtually one year ago and frankly i was apprehensive when they said they would issue the executive order but frankly the l. A. Of the land that was put forward is very positive with we have done in our bill and the standards being sent to corporate that privatesector into their discretion is good that lays the groundwork to solve some of the objections. We focused on information sharing. But the white house needs to be commended for laying out that executive order the way they have. We had Michael Daniel hecker this morning when he first cabellas the executive order it is unheard of so the extent so that Situational Awareness is hopeful so that cyberframework is what a support to socialize with bdm company so we do agree that framework was a step in the right direction. And i think if we could get this on the floor i believe we could pass it you cannot pass a bill that is not a bipartisan and we work closely with the house chair in the vice chairman and chairman mike said were ready to go. If you get a bill we will have a conference right away. So you dont want to wait until the legislative bodies change because then you have to go and start over again. Nd ad come forward and say youve got to do this and do it now. We are happy to make the bill language available. I think it is already. And are staffs are here. Theyre happy to sit down with you, or we can as well, but we really need the help to get it passed. And i will just say both of your us kids have been staffs have been terrific to work with. Lets take a few questions from the floor. We are having a very hard time seeing you out there with these bright lights. So please wait for a microphone to come to you. Tried to get to Chamber Members first, if you make. Cory bennett with a hill but to discuss a lot of the ways that high, over. I could get the bill passed in the lameduck session. What pressures on the things that might be a someone blog and might prevent from getting passed in this upcoming session. Let me be candid. There were essentially two categories of people who have concerns. One trial lawyers. We think weve worked that out, and that there arent problems are now, cross my fingers. The other is the privacy community, which is a big, broad nerdy. And i think we made another six changes that weve agreed to, but, you know, its always more more more. Now, we i think if the bill comes to the floor and, obviously, we have a set time and a number of amendments, we are willing to take amendments and do them on the floor. So that shouldnt stop it. But those are really the two groups that we have concerns about. And i think one of them will be settled, and with respect to the privacy community, you know, what ive heard is we want the old bill. Well, the old bill, not exactly got exactly one republican vote on the floor. Thats not a good message if you want to passed something. So you have to find a way to Work Together to get it done, and we believe we have done that. That wasnt my vote. This one will get my vote. [laughter] other questions, comments . Over here. This morning coordinator Michael Daniel start but how hes working very closely with you on legislation but where is the white house stand on the bill today . Do you think they are supported enough . Well, i can quickly state as the chairman. What we have done is kept the white house advised. The staff has done this. They sat down. They have worked with the white house, and i think, in less theres something thats new that i dont know about, theres been a relatively close working relationship. This is, its not been a onesided conversation. Ive had direct conversation with the president , even rode with him in a golf cart one day and we talked about in the golf cart as we were trying to focus on our game. We were more importantly focus on cybersecurity that day. But we face any number of conversations with the white house on it, and im not about to speak for them, but we have taken their original concerns into consideration and we know that the president has got to sign whatever bill comes out. And we are going to continue to dialogue. Im hoping that by the time we get back and assume senator reid says yes, this is something we need to do, that the white house will come out and be a strong advocate with those. Is it a perfect bill . I mean, all of us know, particularly those of you have been around the senate for a long time, nothing is ever perfect. And thats the way you get those and the way you get things done is to craft something that while it can always be improved, and as dianne said, this is the first step. Who knows where were going to be a year from now, but if we do nothing, shame on us. And i know the white house feels strongly about that aspect of it. And for those of you that may not be so in the we just we are, we are talking of 2588, cybersecurity information sharing act of 2014. A little summary that we put together, this represents a workable compromise among any stakeholders. It also safeguard privacy as you discussed. Protect Civil Liberties because there is the role of civilian intelligence agencies and desensitizes sharing with a narrow Liability Protection. It would also help businesses achieve timely and actionable Situational Awareness, information sharing and realtime. So i just want to point out you have this in your folder. Weve got 1 16 organizations alg with u. S. Chamber of commerce now in support of this bill so very supportive. We have a question over here, matthew spent matthew with each other. Senators, i wanted to thank you for your work on the bill and the work of your Staff Members have done a very big a job in terms of working with us on aspects of the bill. One thing that might not be wellknown is the bill does mandate that this is sharing information with government have to remove personal information they have to remove pii. The bill says you must remove pii. I think its when the eldest of the. We didnt originally agree with. Primarily because we thought that small and midsize businesses that are not as sophisticated in terms of doing the removal might say instead of sharing the im going to sit this one out. We recognized that is a big issue and that one element of the bill that we find the messenger to compromise our ground. You might be interested to know we have been meeting with many offices in the senate to try to educate them about the bill. It is our number one cyber legislative priority. So i wanted to just think and say yes, ev do have a chance and women opportunity to pass the bill on the floor, please urge senator reid, put it on the floor. We think the bill deserves at least a shot at the. Anyway, thank you. One thing we did to address early on privacy concerns is with regard to the definition of cyber indicator threats. And we narrowed the definition of it, and the focus is on really that serious issues of cyber threats. Its not able to be expanded from a privacy standpoint into noncyber issues, which i understand from a privacy standpoint. So that was another big compromise that we came together on. Dianne with me again. Whipped. Thats the way things get done. I empathize with the rational and the reasoning behind it. Thats why we were able to make the changes that we are able to make on both sides. Thank you for your input. When the chamber has input, you speak for a myriad of sectors of the economy as well as individual businesses, and thats critically important to us. Thank you very much. He gave you a little inside information. Didnt have to do that. Any last questions, comments . One back there. To what extent is the debate of surveillance in the lameduck going to put into the ability to pass this bill. You know, ive heard both that it is necessary to this bill would also be a death knell for this bill because they dont want them to get inextricably linked. How do you plan to navigate that in the lameduck . Well, ill kick that off. Youre talking about the fisa reform bill and how does it relate to the potential for discussion and debate on this bill. The thing about fisa reform is that we dont need between now and then the end of the year. Weve got a bill. That bill expires the middle of next year. We do know whos going to control congress, but this has been a vigorous debate as to the changes that need to be made in fisa, and i think theres a lot of accord on that. But thats not something that urgently needs to be done between now and the end o end oe year, simply because we have laws on the books today that deal with that issue. Cyber we dont. And there should not be any connection between the two, and i certainly hope thats not the debate we get into, or not the position that we get into when we get back into session. Let me say this. Youve hit on something, because ive heard this in roundabout ways, that fisa reform has to come first. And if i understand the current status, the house has passed a bill which was are difficult for the house to pass a bill. We have passed a bill on certain fisa reforms that went out of our committee i think 114. The president has a distinct view on this, and that is that he supports the house passed bill, and senator leahy, the chairman of the judiciary committee, is putting together a fisa bill that would essentially echo the house bill with a few changes in it. One having to do with the public advocate amicus, and also with a couple of other things. Here is the big problem, and the problem is how do we get something done there ask the vice chairman has said quite correctly, well, this doesnt we need to come up until next year, but thats a long time to wait. My concern is that we do need to do something there. I dont think its necessary to put the fisa bill first. Our bill is ready to go. It could pass the senate. I think at the very least they would show that we can pass something. We can get it conferenced. We can get it back before the senate for a final vote and we can get to the president. So we can do this with not a great deal of debate, probably with a joint rule between the two sides that there be a couple of hours for debate and a limited number of amendments, and then get it passed and then conferenced it. So we could get something done. And i very much hope that that will happen. We hope so, too. We have time for one more question if theres anyone else out there. Theres one here in the middle. My name is jason from senator mark kirks office. I wanted to ask senator chambliss, who will hold the banner for information sharing the next congress for republicans . Who has that Institutional Knowledge of working with the chamber but also [inaudible] the mos the most senior person in line to me is senator burr. Im sure he will be the next republican to either be chairman or vice chairman. Behind him is senator risch, and we have senator coats and rubio, senator collins but we are losing senator coburn so theres a lot of republican experience that will be coming back, and im confident that whoever it is is going to work diligently with dianne to move something. But as we both alluded to earlier, weve got lots of new members on the Intel Committee in the coming back and trying, coming in, and trying to educate those folks about the issue itself, plus there are a lot of members that simply look to dianne, to me, and other senior members of the committee to basically have some security, and from the standpoint of knowing a complex issue, having worked on a complex issue, theyre willing to go with us. Weve got a lot of folks are going to be coming in that are not going to be in that position. So thats why i think, and, obviously, dianne agrees with me, that its going to be a long time if we dont get it done by the end of this year. Hope that answers your question. I think thats one of the things that we want to work with you on, that educating of new members, and what happy to continue to do that. I want to thank you both for coming here today. Thank you for all the work youve done on this bill. Its a terrific bill. Again weve enjoyed working with you and your staff, both of you. Take you very much. The chamber will continue to push for this bill. Good, thanks. Thank you, ann. [applause] [inaudible