President Barack Obama signed an executive order on Friday that encourages and promotes sharing of information on cybersecurity threats within the private sector and between private sector companies and the government agencies. The White House believes that the primary means of online security shouldn’t depend on passwords, and we must have some new technologies that combine greater security and convenience to the online users. Obama acknowledged the challenge to protect American citizens from cyber threats, but at the same time protect their right to privacy. He mentioned companies such as Symantec, Intel and Bank of America are going to use the government’s improved Cybersecurity Framework to strengthen their own defenses.
Source: https://thehackernews.com/2015/02/obamas-executive-order-urges-companies.html