“We believe it is out of sync with what Congress and the Administration have worked to achieve.” “Fighting cyberattacks is critically important, but the new cyber disclosure rule could force important information to be reported before the problem is fixed and could interfere with the efforts by law enforcement and intelligence agencies to stop attackers,” said Christopher Roberti, senior vice president for cyber, space and national security policy at the U.S.“We believe there are better ways to promote transparency, protect investors and mitigate contagion risk than by publicly sharing detailed vulnerability information with criminals and hostile nation states while remediation is ongoing.” “Banks strongly support sharing information on cyberthreats and are in ongoing contact with regulators and government agencies following an incident,” said Heather Hogsett, senior vice president of technology and risk strategy for BITS, the technology policy arm of the Bank Policy Institute.