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Obama proposes 30-day national data breach notification standard

In light of the high-profile Sony Pictures and JPMorgan data breaches, the White House is making a renewed push for stalled cyber legislation

By Chris Strohm, Bloomberg, Angela Greiling Keane, Bloomberg | Updated on January 13, 2015

(Bloomberg) — President Barack Obama is making a renewed push today for stalled legislation that would give companies legal protections for sharing information about hacking threats with each other and the government.

Although the legislation has languished on Capitol Hill for four years, the White House is seizing on recent high-profile hacking attacks against Sony Pictures Entertainment, JPMorgan Chase & Co. and other companies to build momentum for a final agreement.

“In this interconnected, digital world, there are going to be opportunities for hackers to engage in cyberassaults both in the private sector and the public sector,” Obama said today in a White House statement. “Some of them are going to be state actors; some of them are going to be non-state actors. All of them are going to be sophisticated and many of them can do some damage.”

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