trade-press
GAO third panel finds CIRCIA and SEC rules conflict with sector regs
After two rounds of industry feedback, the picture isn't improving: energy, financial, and healthcare participants say reporting thresholds, timelines, and definitions across federal rules can't all be met.
GAO's third industry panel report, delivered September 28 to Senators Peters and Garbarino, documents conflicts between CISA's proposed CIRCIA rule, the SEC's 2023 cyber disclosure rules, and sector-specific regulations, NERC-CIP, TSA pipeline requirements, HIPAA, the Bank Secrecy Act, and others. Participants from energy, financial services, and healthcare and public health each described reporting thresholds, timelines, and definitions that diverge across the rules they're subject to. Most participants said federal harmonization progress over the past year has been limited. The panel floated establishing a single entity with authority over regulatory consistency.