This doesn't affect interception. It affects one end of the two-party comms saying, "Hm, there is suspicious traffic on my network. Let me report that". Think about if you had a business whose network was constantly attacked by an adversary, doing harm to your business. Under this law, you can share that data (in anonymized format) with the govt and with industry partners.
Whether that's good or bad can be debated, but we're talking about endpoints giving up data, not necessarily ISPs snooping and reporting badness.
Whether that's good or bad can be debated, but we're talking about endpoints giving up data, not necessarily ISPs snooping and reporting badness.