Obama to sign executive order on cybersecurity info-sharing | IT Support and Hardware for Clinics | Scoop.it

President Obama on Friday plans to sign an executive order to promote sharing of information on cybersecurity threats among businesses and between the private sector and government agencies.

The executive order is meant to establish a framework to help those private and public entities quickly identify and protect against online threats by malicious hackers, including those in the employ of criminal organizations or foreign nations.

Companies that have committed themselves to that framework include Apple, Intel, Bank of America and Pacific Gas & Electric.

On Friday, the president will be at Stanford University for a summit on cybersecurity hosted by the White House that will bring together senior leaders in the government and CEOs from the financial, tech and computer-security industries.

Cybersecurity has come front and center for the administration. During his State of the Union address in January, for instance, the president proposed adding $14 billion to the 2016 budget to better protect government and corporate computer systems from hackers. He has also pushed for Congress to pass legislation to help shore up cybersecurity in the US.

And for good reason. Hacks on private businesses and government offices seemed rampant throughout 2014, with little reason to hope those attacks will abate in the coming year and beyond. Last month, the latest banner-headline incident involved the insurance provider Anthem, which revealed that hackers had broken into its computer systems and accessed the personal data of 80 million people. That followed from massive incursions at retailers Target and Home Depot and banking firm JP Morgan.

To even greater notoriety, hackers last November breached the computer network at Sony Pictures, spilling details of the inner workings of Hollywood studios and leading the way to an international incident over the comedy "The Interview." President Obama has pointed to North Korea as the likely culprit behind that cyber break-in.