In his State of the Union address last night, President Barack Obama announced a new initiative to protect American citizens and businesses from hack attacks. Cybersecurity, of course, has recently made the news as complex attacks–allegedly linked to the Chinese military–have been waged against both government institutions and the media. President Obama’s executive order, which he announced in his speech after the White House sent reporters a preview, aims to curb this activity as well as more pedestrian hacking threats.

“America must also face the rapidly growing threat from cyber-attacks,” Mr. Obama declared. “We know hackers steal people’s identities and infiltrate private e-mail. We know foreign countries and companies swipe our corporate secrets. Now our enemies are also seeking the ability to sabotage our power grid, our financial institutions, and our air traffic control systems. We cannot look back years from now and wonder why we did nothing in the face of real threats to our security and our economy. Read More