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Cybersecurity

Obama Weighs Executive Order to Defend Against Cyber Attacks

President Barack Obama’s administration is drafting an executive order that would create a program protecting vital computer networks from cyber attacks, according to two former government officials with direct knowledge of the effort.

The program, to be managed by the Department of Homeland Security, would establish cybersecurity standards that companies could voluntarily adopt to better protect banks, telecommunication networks and the U.S. power grid from electronic attacks, the officials, who have seen the draft, said on condition of anonymity because the document hasn’t been made public.