alphadogg writes "A proposal in the House of Representatives would set up a new semi-independent organization allowing the U.S. government and private companies to share information about cyberthreats, but some critics questioned whether the group would be too removed from congressional scrutiny. The draft proposal (PDF), from Representative Dan Lungren, a California Republican, would create a nonprofit National Information Sharing Organization (NISO) that would serve as the collection and distribution point for cyberthreat information shared among the federal government, state and local governments, private companies and education institutions. NISO would also fund cybersecurity research and development."
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