(14 Feb 2015) FOR CLEAN VERSION SEE STORY NUMBER: apus026034
As President Barack Obama is asking Silicon valley to partner with the federal government to thwart mounting cyber attacks, analysts are welcoming the action as an "important first step."
"Cyberattacks are unbelievably frightening for businesses and consumers. I mean there's the Anthem breach. There have been breaches almost every week," said Susan Etlinger, an analyst with the Altimeter Group.
During a visit to Stanford University, Obama told more than 1,500 business leaders, students, professors and reporters that threat information must be shared and responded to quickly. And he signed an executive order aimed at making it easier for private firms to have access to classified information about cyber attacks.
He also stressed there would be oversight to ensure protections for privacy and civil liberties.
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