Obama responds to hacks and Silicon Valley with ’emerging cyber threat’ plan

President Barack Obama will set out new cybersecurity rules at a Silicon Valley summit on Friday as the White House reacts to the Sony hacking scandal and attempts to mend increasingly ruptured relations with the technology industry.

The White House announced an executive order to encourage information-sharing between the private sector and the government ahead of Obama’scybersecurity summit at Stanford University.

About 1,000 people are expected to attend the meeting, including Apple’s chief executive officer Tim Cook and top cybersecurity officials from Google, Facebook and Yahoo who have been pushing back on terrorism cooperation, as well as executives from credit card companies and utility companies that have been busy expressing frustration over consumer protection.

“[I]t’s going to bring everybody together — industry, tech companies, law enforcement, consumer and privacy advocates, law professors who are specialists in the field, as well as students — to make sure that we work through these issues in a public, transparent fashion,” Obama said, announcing the summit last month.

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