Cyber info sharing bill would cost $20 million

Implementing a cybersecurity information sharing bill would cost $20 million.

At least that’s what the Congressional Budget Office concluded after reviewing the Cybersecurity Information Sharing Act (CISA).

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The measure would provide legal protections so companies and intelligence officials can develop and use a computer interface to exchange information about the cyber threats they are noticing.

Such a system can't be created without extra staffers, said the CBO, a nonpartisan agency that scores the cost of major congressional bills.

“Additional personnel would be needed to administer the program and to manage the exchange of information between federal agencies and the private sector,” the CBO report said.

CBO put the yearly price tag at $4 million from 2015 to 2019.

CISA is stalled in the Senate and not expected to pass during the lame-duck session.

Industry groups and intelligence agencies have backed the bill, arguing it’s necessary to both protect the country’s critical infrastructure and effectively fight cyber crime.

Privacy advocates support the concept of cyber info sharing, but worry CISA would allow the National Security Agency to collect and use Americans’ personal information.