The U.S. Chamber of Commerce, in a Jan. 30, 2012 letter to Senators Harry Reid and Mitch McConnell, “strongly opposes new regulations and compliance mandates” of the Senate’s proposed Cybersecurity Act of 2012.

It argued that the legislation would “drive up costs and misallocate business resources without necessarily increasing security. More top-down regulations would significantly
restrict necessary opportunities for the public and private sectors to work together collaboratively against our mutual adversaries.”

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