to enable them to defend against such threats. (2) Contents of review The review required under subsection (a) shall include a consideration of each of the following: (A) The capabilities and limitations of the intelligence community in collection on foreign adversary malicious cyber activity targeting covered entities. (B) The ability of the intelligence community to share cyber threat intelligence information with covered entities. (C) Procedures for the sanitization and declassification of intelligence, including the efficiency of such procedures. (D) Which criteria and procedures should be implemented to identify intelligence community products for expedited sharing. (E) Current and projected national intelligence requirements that relate to cybersecurity threats to covered entities. (F) Budgetary changes to ensure that the intelligence community is postured to provide adequate indicators and warning of cybersecurity threats to covered entities. (3) Report to Congress (A) In general Not later than December 31, 2021, the Director of National Intelligence shall submit to the appropriate congressional committees a report on the review required under this subsection. (B) Form of report The report required under subparagraph (A) may be submitted in classified or unclassified form. If such report is submitted in unclassified form, it may include a classified annex. (b) Review of National Security Directive 42 Not later than December 31, 2021, the Secretary of Defense and the Director of National Intelligence shall submit to the appropriate congressional committees a report containing the results of a review of the implementation and effectiveness of National Security Directive 42, with a specific focus on the role of the National Manager for National Security Systems. Such review shall include— (1) an appraisal of the National Manager’s authorities and resources