Congress unlikely to enact new laws to require industry to adhere to cybersecurity regulations. But that hasn’t stopped a fierce debate among lawmakers and security experts on the value of such rules. NIST is leading a government initiative with the private sector to jointly develop IT security best practices that would be voluntary. Republicans say government-enforced regulations would stifle innovation and wouldn’t provide IT security. Former CIA Director James Woolsey told the committee the electrical distribution industry has a proven track record of taking too long to implement its own security standards.”]
Source: https://www.govinfosecurity.com/cyber-regulation-debate-heats-up-a-5779