Louisiana Senate Bill SSR1

Louisiana 2019 Regular Session

Caption

Requests the Senate Committee on Commerce, Consumer Protection and International Affairs to study the feasibility of developing an incentives plan that rewards private businesses and industry that voluntarily share cyber threat and defensive measures.

Impact

The proposed incentives strategy may potentially reshape state laws regarding cybersecurity and business responsibilities. SSR1 highlights the need for a structured partnership model between the state and private enterprises, focusing on voluntary information exchange to address vulnerabilities effectively. This partnership aims to enhance not only cybersecurity defenses but also the overall economic stability of the state by encouraging businesses to take proactive measures against cyber threats.

Summary

Senate Study Request No. 1 (SSR1) aims to explore the feasibility of creating an incentives plan that rewards private businesses and industries for voluntarily sharing information related to cyber threats and defensive measures. The ongoing increase in cybersecurity threats has posed significant risks not only to the state's infrastructure but also to its private sector. By encouraging collaboration between private entities and public bodies, the bill seeks to enhance the state's ability to identify and mitigate these threats, thereby fostering a healthier cybersecurity environment for all stakeholders in Louisiana.

Sentiment

Discussions surrounding SSR1 have been generally supportive, as it addresses a critical area of concern for both government entities and private companies. The sentiment is overwhelmingly positive among those who recognize the importance of cybersecurity in the digital age. However, there may be concerns related to the implementation of the proposed incentives and how it aligns with the existing regulatory framework. Stakeholders are interested in understanding how incentives could induce meaningful participation from businesses that might otherwise be reluctant to share sensitive information.

Contention

Notable points of contention may arise around the nature of the proposed incentives and the balance between encouraging information sharing while also maintaining privacy and security protocols for businesses. Concerns about the depth and circulation of shared information could lead to debates about transparency and potential liability issues. As the bill progresses, stakeholders will likely need to address how to ensure that the incentives provided do not compromise the competitive advantages of participating businesses while still facilitating meaningful collaboration on cybersecurity matters.