Hopes fade for new U.S. cybersecurity law in 2012 | Reuters

Hopes fade for new U.S. cybersecurity law in 2012 | Reuters 

"But the Senate mustered just 52 of the 60 votes needed in the 100-member body to advance the bill to a final vote, effectively sidelining it.
Business groups including the U.S. Chamber of Commerce complained that the bill would bring government over-regulation, and some Republicans wanted more opportunity to push amendments. Privacy groups and some Democrats were concerned about the potential for Internet eavesdropping in the legislation.
The White House blasted Senate Republicans for blocking the bill.
"The politics of obstructionism, driven by special interest groups seeking to avoid accountability, prevented Congress from passing legislation to better protect our nation from potentially catastrophic cyber-attacks," White House Press Secretary Jay Carney said in a statement."