Government to Call on Companies to Help Improve Information Sharing as Breaches Get More Sophisticated
President Barack Obama will convene top executives from Silicon Valley, Wall Street, and a number of other industries on Friday in a first-of-its kind cybersecurity “summit” taking place as the government and corporate executives each struggle to adjust to persistent and sophisticated breaches.
Mr.
Obama will be joined at the Stanford University event by top officials at the
Department of Homeland Security, U.S. Secret Service, and
Federal Bureau of Investigation. The officials will call on companies to share
more information with the government in an effort to combat future
cyberattacks, a plea officials have made for months with limited success.
Mr.
Obama’s presence at the event has drawn what has emerged as a Who’s Who of
corporate leaders, reflecting a growing acknowledgment that many companies need
to rethink their cyberdefenses.
Apple
Inc. Chief Executive Tim Cook will deliver remarks about his company’s push
toward a more secure payment system, a theme the White House is expected to try
to reinforce for other companies throughout the event.
An
Apple spokeswoman confirmed that Mr. Cook will be speaking at the summit. He is
expected to focus on Apple’s experience with mobile payments. Apple introduced
Apple Pay in October, touting a security feature
aimed at reducing the chances of credit-card theft.
Mr.
Cook will be joined at Stanford on Friday by the CEOs of Bank of America Corp.,
U.S. Bancorp, American Express, Kaiser Permanente, Visa Inc., MasterCard Inc.,
and PayPal who also will speak on panels at the daylong event, along with
representatives from Facebook Inc., Google, Intel Corp., and a numerous other
companies.
Input
from these executives is notable, as they collectively hold health, financial,
search-engine, and social-media records on tens of millions of Americans. A
number of the firms, particularly the technology companies, have sparred with
the federal government over privacy concerns in recent years.
To
acknowledge those concerns, the White House is expected to make privacy a
central theme at the summit, in addition to consumer protection and
cybersecurity techniques.
In
addition to remarks from Messrs. Obama and Cook, the seven-hour event will
include multiple panel sessions, including separate discussions of
public-private collaboration, consumer protection, and payment technologies.
The
entire event will be live-streamed on the White House’s website.
Senior
administration officials see the event as a continuation of two years’ worth of
cybersecurity initiatives, but the issue has taken on more urgency in recent
months as the number of cyberattacks has increased dramatically. And recent
large-scale breaches at Sony Pictures Entertainment Inc. and Anthem Inc. have
led to an internal debate among government officials over whether the
government should heighten its response to cyberattacks carried out by foreign
countries.
Also
notably, the White House’s list of panelists and speakers at the summit doesn't
include representatives from many of the large companies that have suffered
major breaches in recent years, such as Home Depot Inc., J.P. Morgan Chase
& Co., Target Corp., Sony, or Anthem. A senior administration official said
these companies weren't excluded from panels at the event.
Also
missing from the list of panelists and speakers are officials from the U.S.
intelligence community, such as the National Security Agency and Central
Intelligence Agency. Intelligence officials often collect information about
cyberthreats, and the White House on Tuesday announced a new office that is
meant to collect and analyze their data.
But
many technology companies remain skeptical about the operations of these
agencies, particularly the NSA. A senior administration official said officials
from the intelligence agencies would be at the event but officials from the
agencies like the FBI and DHS were tapped to speak because they interact
directly with the public to discuss cyber issues.
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