Sources: Obama to issue cybersecurity order on Wednesday

From: Hillicon Valley/The Hill’s Technology Blog

By Jennifer Martinez

The White House is poised to release a cybersecurity executive order on Wednesday, two people familiar with the matter told The Hill.
The highly anticipated directive from President Obama is expected to be released at an event Wednesday morning at the U.S. Department of Commerce, where senior administration officials will provide an update about cybersecurity policy.

The White House began crafting the executive order after Congress failed to pass cybersecurity legislation last year. Officials said the threat facing the United States was too great for the administration to ignore.

The executive order would establish a voluntary program where companies operating critical infrastructure would elect to meet cybersecurity best practices and standards crafted, in part, by the government. It has been revised several times over the past few months.

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