"The bill would allow the government to share all of its classified cyber-security knowledge with private companies, forming knowledge-sharing agreements that would hopefully keep China (and other countries and hackers) out of American computer networks. The catch is that the information shared is a two-lane street—companies would also be allowed to share private data with the federal government, provided there is a reasonable 'cyber threat.'" "In the current version, most personal information would be stripped from data shared with the government, and the bill no longer defines intellectual property theft as something relating to national security "We think we're making huge progress with the privacy groups, so they understand what we're trying to accomplish, which isn't anything nefarious," Rogers said"