President Obama unveiled a new proposal Tuesday aimed at protecting businesses and the government from hackers. The President’s plan would encourage public and private sector information sharing as well as expand law enforcement’s authority to prosecute digital criminals.
The proposal, announced at the National Cybersecurity and Communications Integration Center in Arlington, Virginia, comes in the wake of high-profile hacks against Sony, Home Depot, J.P. Morgan and other companies over the past year. A wide array of businesses and police groups have been calling on Congress to pass new cybersecurity legislation as a response to those incidents.
On the corporate side, Obama’s plan would require businesses to notify consumers if their personal information has been exposed to hackers, as in the case of the Target and J.P. Morgan hacks, for instance. Additionally, companies would be protected from liability for sharing digital threats with the Department of Homeland Security, which would then…
View original post 229 more words