President Obama Directs Implementation of National Cybersecurity Plan

President Obama directed his Administration to implement a Cybersecurity National Action Plan. As described in a fact sheet issued by the White House, the plan “takes near-term actions and puts in place a long-term strategy to enhance cybersecurity awareness and protections, protect privacy, maintain public safety as well as economic and national security and empower Americans to take better control of their digital security.”

SIFMA President and CEO Kenneth E. Bentsen Jr. announced support for the plan. “The establishment of a bipartisan commission of thought leaders to recommend cybersecurity best practices will encourage a united front and meeting of the minds that will benefit national security,” he said.