“We are making sure our government integrates intelligence to combat cyber threats, just as we have done to combat terrorism,” President Obama said in the excerpt. “And tonight, I urge this Congress to finally pass the legislation we need to better meet the evolving threat of cyber-attacks, combat identity theft, and protect our children’s information.”
“If we do [pass cyber security legislation], we can continue to protect the technologies that have unleashed untold opportunities for people around the globe,” President Obama said.
Throughout 2014, numerous US institutions were hit with cyberattacks, including financial giant JP Morgan and US federal agencies, such as the State Department and US Central Command.
In January, President Obama announced a new cybersecurity legislative proposal, encouraging private companies to share cyber threat information with government agencies as a way to protect them from cyber incidents.
According to the White House announcement, the new cyber security proposal would modernize law enforcement authorities to combat cyber crimes and criminalize the overseas sale of stolen US financial information. Penalties for computer crimes will be in line with other similar non-cyber illegal activities.
To shape public and private sector discussions and efforts to protect themselves from cyber threats, the White House will host a Summit on Cybersecurity and Consumer Protection at Stanford University on February 13, 2015.