Barry rocked last nite on SOTU..pumped SMB Security vendors for "strengthening nation's public cyberkey security token infrastructure for electronic grid and financial banking system"..will open up Goverment security MIB for use by all..explains wed volume jack/ price jump above 7.81 pivot point...2 of the largest green bocks in 2 months hit the tape today.
“I signed a new executive order that will strengthen our cyberdefenses
by increasing information sharing and developing standards
to protect our national security,our jobs and our privacy,” Obama
said in his televised and social media-ampedaddress.
The long-awaited order could ultimately benefit business for smaller
government contractors and certain security vendors, beyond just
big contractors such as Lockheed MartinLMT, Raytheon Co.RTN and
Northrop GrummanNOC, says Internet Security Alliance President
Larry Clinton.The edict aims at protecting the nation’s key infrastructure, from
the electric grid to financial systems. Congress is expected to flesh
out details, after failing to pass a cybersecurity plan last session.
After many past federal cybersecurity efforts, one real element of
change is “an expansion of the socalled DIB (Defense Industry Database)..tbc
Through it, over the past year or so highly vetted big government
contractors have had more access to cyberattack data from government
to help shore up security. Clinton says more attack data
could be shared by government with highly vetted companies, to
work confidentially on protections. “Say China’s doing A-B-C — I
can’t tell my partner but if I develop a widget that fixes A-B-C I can
sell my widget,” Clinton said. “So this adds an economicincentive.”
Clinton calls the significance of the government data sharing about
nation-state attacks, for example, “very high level stuff” beyondwhat
commercial security firms such as Symantec or Intel’s McAfee
unit might be told about.“Before, you had to be part of this
defense industrial base,” he said.“Now it’s opening so a VerizonVZ, a
DellSecureWorks or small companies in the defense area” could
potentially participate. Clinton says the order includes a
pathtoimposingcybersecurity regulations on already-regulated industries,
and a provision to consider incentives short of that. Obama’s order “moves
the ball forward” in security.