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‘‘(3) RECOMMENDATIONS.—Each report sub-
mitted under paragraph (1) may include such rec-
ommendations as the heads of the appropriate Fed-
eral entities may have for improvements or modifica-
tions to the authorities and processes under this sec-
tion or such Act. 
‘‘(4) FORM OF REPORT.—Each report required 
by paragraph (1) shall be submitted in unclassified 
form, but may include a classified annex. 
‘‘(5) PUBLIC AVAILABILITY OF REPORTS.—The 
Director of National Intelligence shall make publicly 
available the unclassified portion of each report re-
quired by paragraph (1).’’. 
(2) INITIAL REPORT.—The first report required 
under subsection (c) of section 111 of the National 
Security Act of 1947, as inserted by paragraph (1) 
of this subsection, shall be submitted not later than 
1 year after the date of the enactment of this title. 
(b) REPORTS ON PRIVACY AND CIVIL LIBERTIES.— 
(1) BIENNIAL
REPORT
FROM
PRIVACY
AND 
CIVIL LIBERTIES OVERSIGHT BOARD.— 
(A) IN GENERAL.—Section 1061(e) of the 
Intelligence Reform and Terrorism Prevention 
Act of 2004 (42 U.S.C. 2000ee(e)) is amended 
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by adding at the end the following new para-
graph: 
‘‘(3) BIENNIAL REPORT ON CERTAIN CYBER AC-
TIVITIES.— 
‘‘(A) REPORT
REQUIRED.—The Privacy 
and Civil Liberties Oversight Board shall bien-
nially submit to Congress and the President a 
report containing— 
‘‘(i) an assessment of the privacy and 
civil liberties impact of the activities car-
ried out under the Protecting Cyber Net-
works Act and the amendments made by 
such Act; and 
‘‘(ii) an assessment of the sufficiency 
of the policies, procedures, and guidelines 
established pursuant to section 4 of the 
Protecting Cyber Networks Act and the 
amendments made by such section 4 in ad-
dressing privacy and civil liberties con-
cerns. 
‘‘(B) RECOMMENDATIONS.—Each report 
submitted under this paragraph may include 
such recommendations as the Privacy and Civil 
Liberties Oversight Board may have for im-
provements or modifications to the authorities 
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under the Protecting Cyber Networks Act or 
the amendments made by such Act. 
‘‘(C) FORM.—Each report required under 
this paragraph shall be submitted in unclassi-
fied form, but may include a classified annex. 
‘‘(D) 
PUBLIC
AVAILABILITY
OF
RE-
PORTS.—The Privacy and Civil Liberties Over-
sight Board shall make publicly available the 
unclassified portion of each report required by 
subparagraph (A).’’. 
(B) INITIAL REPORT.—The first report re-
quired under paragraph (3) of section 1061(e) 
of the Intelligence Reform and Terrorism Pre-
vention Act of 2004 (42 U.S.C. 2000ee(e)), as 
added by subparagraph (A) of this paragraph, 
shall be submitted not later than 2 years after 
the date of the enactment of this title. 
(2) BIENNIAL
REPORT
OF
INSPECTORS
GEN-
ERAL.— 
(A) IN GENERAL.—Not later than 2 years 
after the date of the enactment of this title and 
not less frequently than once every 2 years 
thereafter, the Inspector General of the Depart-
ment of Homeland Security, the Inspector Gen-
eral of the Intelligence Community, the Inspec-
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tor General of the Department of Justice, and 
the Inspector General of the Department of De-
fense, in consultation with the Council of In-
spectors General on Financial Oversight, shall 
jointly submit to Congress a report on the re-
ceipt, use, and dissemination of cyber threat in-
dicators and defensive measures that have been 
shared with Federal entities under this title and 
the amendments made by this title. 
(B) CONTENTS.—Each report submitted 
under subparagraph (A) shall include the fol-
lowing: 
(i) A review of the types of cyber 
threat indicators shared with Federal enti-
ties. 
(ii) A review of the actions taken by 
Federal entities as a result of the receipt 
of such cyber threat indicators. 
(iii) A list of Federal entities receiving 
such cyber threat indicators. 
(iv) A review of the sharing of such 
cyber threat indicators among Federal en-
tities to identify inappropriate barriers to 
sharing information. 
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(v) A review of the current procedures 
pertaining to the sharing of information, 
removal procedures for personal informa-
tion or information identifying a specific 
person, and any incidents pertaining to the 
improper treatment of such information. 
(C) 
RECOMMENDATIONS.—Each 
report 
submitted under this paragraph may include 
such recommendations as the Inspectors Gen-
eral referred to in subparagraph (A) may have 
for improvements or modifications to the au-
thorities under this title or the amendments 
made by this title. 
(D) FORM.—Each report required under 
this paragraph shall be submitted in unclassi-
fied form, but may include a classified annex. 
(E) PUBLIC AVAILABILITY OF REPORTS.— 
The Inspector General of the Department of 
Homeland Security, the Inspector General of 
the Intelligence Community, the Inspector Gen-
eral of the Department of Justice, and the In-
spector General of the Department of Defense 
shall make publicly available the unclassified 
portion of each report required under subpara-
graph (A). 
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SEC. 108. REPORT ON CYBERSECURITY THREATS. 
(a) REPORT REQUIRED.—Not later than 180 days 
after the date of the enactment of this title, the Director 
of National Intelligence, in consultation with the heads of 
other appropriate elements of the intelligence community, 
shall submit to the Select Committee on Intelligence of 
the Senate and the Permanent Select Committee on Intel-
ligence of the House of Representatives a report on cyber-
security threats to the national security and economy of 
the United States, including cyber attacks, theft, and data 
breaches. 
(b) CONTENTS.—The report required by subsection 
(a) shall include the following: 
(1) An assessment of— 
(A) the current intelligence sharing and co-
operation relationships of the United States 
with other countries regarding cybersecurity 
threats (including cyber attacks, theft, and data 
breaches) directed against the United States 
that threaten the United States national secu-
rity interests, economy, and intellectual prop-
erty; and 
(B) the relative utility of such relation-
ships, which elements of the intelligence com-
munity participate in such relationships, and 
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