Cyber Security Act of 2012 failed last month after a vote to end debate on the matter failed to get the necessary 60 votes. A study by the Ponemon Institute estimated private-sector spending on cybersecurity at about $80 billion in 2011. The study was based on interviews with technology managers from 172 U.S. organizations in six industries and the government. Security experts say it should be obvious that business and industry will not share information with one another unless they are required to do so by law.”]