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Obama Calls for Industry's Cooperation On Cybersecurity

BY David Ruiz
February 28, 2015

President Barack Obama signed an executive order on Feb. 13 promoting information-sharing between the private sector and the government in an effort to combat the rising number of security hacks and data breaches.

Obama told a crowd gathered for the White House-sponsored cybersecurity summit at Stanford University that the order will encourage the private sector to share its advances in data protection software and technology with the government, which, in turn, will streamline companies' access to potentially classified information about cyber threats.

“This has to be a shared mission,” Obama said to a full audience at the university's 1705-seat Memorial Auditorium. “Government has many capabilities, but it's not appropriate or even possible for government to secure the computer networks of private businesses ' [And] the private sector doesn't always have the capabilities needed during a cyber attack, the situational awareness, or the ability to warn other companies in real time, or the capacity to coordinate a response across companies and sectors.”

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