On February 1, the House Homeland Security Subcommittee on Cybersecurity approved by voice vote an amended version of HR 3674, the Promoting and Enhancing Cybersecurity and Information Sharing Effectiveness (PRECISE) Act of 2011. In keeping with the House Cybersecurity Task Force Report released last year, the bill focuses on improving and incentivizing information sharing between the government and the critical infrastructure on cyber threats and incidents. PRECISE would establish DHS as lead federal agency for the coordination of federal and critical infrastructure cybersecurity efforts, the development of a national cybersecurity strategy, and the formulation of voluntary cybersecurity guidelines. Read more »