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Cybersecurity Bill Said Costly

U.S. Chamber argues Senate measure would be burdensome for companies.

By Chris Strohm and Eric Engleman, Bloomberg | Updated on February 15, 2012

Two of the largest U.S. business-lobbying groups criticized a Senate cybersecurity bill aimed at shielding vital computer networks, saying the measure would burden companies with unneeded and costly regulation.

The bipartisan legislation introduced yesterday calls for the U.S. Homeland Security Department to identify systems critical to national and economic security and set security rules for overseeing companies and government agencies.

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