EPIC: “President Obama announced today an Executive Order to promote collaboration between the private sector and the government to counter cyber threats. The Order encourages the companies to disclose user data to the federal government outside any judicial process. The Order also promotes compliance with Fair Information Practices and adoption of such Privacy Enhancing Techniques as data minimization. The Executive Order is one of several cybersecurity initiatives announced by the President. In EPIC v. NSA, after a five-year court battle, EPIC obtained National Security Presidential Directive 54 which revealed the NSA’s role in domestic cyber security.”

• Via American Banker – Banks, Gov’t Struggle to Contain Growing Cyber Threat