President Obama Calls for New Improvements to Cybersecurity

President Barack Obama proposed a series of new regulations that intend to help protect the country from cyberattacks. In the wake of a series of significant hacks last year, Obama is asking Congress to increase prosecution and toughen the penalties of people committing cybercrimes. He also wants companies to be able to share their information about hacks. In other news, President Obama wants to increase broadband competition by ending the laws in 19 states that limit municipal broadband. Continue reading President Obama Calls for New Improvements to Cybersecurity

Obama Seeks Corporate Support for Cybersecurity Initiative

President Obama met with a group of 13 corporate executives at the White House on Wednesday to discuss growing cybersecurity concerns and to enlist support for his proposed legislation to combat the threat of computer warfare and corporate espionage. Among the chief execs were Rex W. Tillerson of Exxon Mobil, Randall L. Stephenson of AT&T, Brian T. Moynihan of Bank of America and Jamie Dimon of JPMorgan Chase. Continue reading Obama Seeks Corporate Support for Cybersecurity Initiative