Obama urges execs to cooperate more against cyber-attacks

By REUTERS
February 14, 2015 04:38

 
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PALO ALTO - President Barack Obama asked US executives on Friday for closer cooperation in defending against hackers after high-profile attacks on companies like Sony that exposed weaknesses in America's cyber defenses.

Speaking at Stanford University, Obama told Silicon Valley and financial services CEOs that they needed to share more information more quickly both with each other and with his administration.

"Government cannot do this alone. But the fact is that the private sector can't do it alone either because it's government that often has the latest information on new threats," he told a gathering of CEOs.

Obama has moved cyber-security toward the top of his 2015 agenda after the recent breaches but senior figures from the tech world who are at odds with the administration over government surveillance stayed away from his speech.

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