The U.S. Chamber of Commerce also put its support behind the new law. Recognizing that cybercrime targets both government and businesses, the Chamber's president and CEO, Thomas Donohue, said in a statement that CISA will allow businesses to voluntarily work with authorities "to better prevent, detect and mitigate threats."
"This legislation, long championed by the Chamber, is our best chance yet to help address this economic and national security priority in a meaningful way and help prevent further attacks," Donohue said.
Financial sector groups, such as the Securities Industry and Financial Markets Association and the American Bankers Association, have applauded CISA. Members of the Cyber Threat Alliance — which is made up of four companies: Palo Alto Networks, Fortinet, Symantec and Intel Security Group — were largely positive on the CISA measures in October.
"I have seen companies benefit from information sharing: To be in a situation where that information is like pulling teeth, and then to see the benefits that come out of it is an eye-opening experience," Sabett told CNBC. "Getting something on the books is going to have a lot more positive effects than the negative effects that the critics are pointing to."