House bill would give DHS authority over private sector networks – Hillicon Valley

A new bill unveiled Wednesday by House Homeland Security chairman Bennie Thompson (D-Miss.) would give the Department of Homeland Security the authority to enforce federal cybersecurity standards on private sector companies deemed critical to national security.

The Homeland Security Cyber and Physical Infrastructure Protection Act of 2010 authorizes DHS to establish and enforce risk and performance-based cybersecurity standards on federal agencies and private sector companies consider part of the country’s critical infrastructure. Such firms include utilities, communications providers and financial institutions.