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regulatory
McCrary Institute warns fragmented federal cyber incident reporting diverting resources from incident response
A joint report from the McCrary Institute and U.S. Chamber of Commerce found that federal cyber incident reporting requirements have grown to 117 regulations across 27 agencies, with 48 applying to private industry. Organizations responding to cyberattacks must often report identical information to multiple federal agencies simultaneously, consuming resources needed for containment and recovery. The report recommends establishing a single federal intake process led by the Cybersecurity and Infrastructure Security Agency (CISA), using the Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA) as a foundation to allow companies to report once while enabling federal distribution to relevant agencies.
Why it matters: Companies managing active cyber incidents lose response time navigating overlapping federal reporting obligations; practitioners should track CISA's finalization of CIRCIA rules and any executive action implementing single-point reporting to reduce compliance burden during incidents.
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