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Obama to meet corporate leaders to discuss cyber security

Last Updated: Wednesday, March 13, 2013 - 23:51

Washington: President Barack Obama will be meeting corporate leaders to discuss efforts to improve cyber security in private industries amid rising concern about hacking attacks from China.

The White House said that in the meeting, to take place in the Situation Room, Obama would discuss efforts to address the cyber threat.

Obama will also solicit the CEOs’ input on how the government and private sector can best work together to improve the country’s cyber security, Fox News reports.

Cyber security has become a growing challenge to the economic relationship between China and the United States.

In a speech in New York on Monday, White House national security adviser Tom Donilon said Beijing needs to recognize the scope of the problem.

According to the report, U.S. businesses have been increasingly concerned about the targeted theft of confidential business information and proprietary technologies through cyber intrusions emanating from China, Donilon said in a speech to The Asia Society.

Obama had signed an executive order a month ago seeking better protection of the country’s critical infrastructure from cyber attacks.

The order, which does not have the same force as law, directs federal authorities to improve information sharing on cyber threats, the report said.

Obama’s executive order is designed to make it easier for the government to warn private companies of cyber threats and to set up a system of voluntary cyber security standards, the report added.


First Published: Wednesday, March 13, 2013 - 23:51
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