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The Corliss Group: White House Cybersecurity Event
to Draw Top Tech, Wall Street Execs
Government to Call on Companies to Help Improve Information Sharing as Breaches Get More
Sophisticated
President Barack Obama will convene top executives from Silicon Valley, Wall Street, and a
number of other industries on Friday in a first-of-its kind cybersecurity “summit” taking place as
the government and corporate executives each struggle to adjust to persistent and sophisticated
breaches.
Mr. Obama will be joined at the Stanford University event by top officials at the Department of
Homeland Security, U.S. Secret Service, and Federal Bureau of Investigation. The officials will
call on companies to share more information with the government in an effort to combat future
cyberattacks, a plea officials have made for months with limited success.
Mr. Obama’s presence at the event has drawn what has emerged as a Who’s Who of corporate
leaders, reflecting a growing acknowledgment that many companies need to rethink their
cyberdefenses.
Apple Inc. Chief Executive Tim Cook will deliver remarks about his company’s push toward a
more secure payment system, a theme the White House is expected to try to reinforce for other
companies throughout the event.

An Apple spokeswoman confirmed that Mr. Cook will be speaking at the summit. He is expected
to focus on Apple’s experience with mobile payments. Apple introduced Apple Pay in October,
touting a security feature aimed at reducing the chances of credit-card theft.
Mr. Cook will be joined at Stanford on Friday by the CEOs of Bank of America Corp., U.S.
Bancorp, American Express, Kaiser Permanente, Visa Inc., MasterCard Inc., and PayPal who
also will speak on panels at the daylong event, along with representatives from Facebook Inc.,
Google, Intel Corp., and a numerous other companies.
Input from these executives is notable, as they collectively hold health, financial, search-engine,
and social-media records on tens of millions of Americans. A number of the firms, particularly
the technology companies, have sparred with the federal government over privacy concerns in
recent years.
To acknowledge those concerns, the White House is expected to make privacy a central theme
at the summit, in addition to consumer protection and cybersecurity techniques.
In addition to remarks from Messrs. Obama and Cook, the seven-hour event will include
multiple panel sessions, including separate discussions of public-private collaboration,
consumer protection, and payment technologies.
The entire event will be live-streamed on the White House’s website.
Senior administration officials see the event as a continuation of two years’ worth of
cybersecurity initiatives, but the issue has taken on more urgency in recent months as the
number of cyberattacks has increased dramatically. And recent large-scale breaches at Sony
Pictures Entertainment Inc. and Anthem Inc. have led to an internal debate among government
officials over whether the government should heighten its response to cyberattacks carried out
by foreign countries.
Also notably, the White House’s list of panelists and speakers at the summit doesn't include
representatives from many of the large companies that have suffered major breaches in recent
years, such as Home Depot Inc., J.P. Morgan Chase & Co., Target Corp., Sony, or Anthem. A
senior administration official said these companies weren't excluded from panels at the event.
Also missing from the list of panelists and speakers are officials from the U.S. intelligence
community, such as the National Security Agency and Central Intelligence Agency. Intelligence
officials often collect information about cyberthreats, and the White House on Tuesday
announced a new office that is meant to collect and analyze their data.
But many technology companies remain skeptical about the operations of these agencies,
particularly the NSA. A senior administration official said officials from the intelligence agencies
would be at the event but officials from the agencies like the FBI and DHS were tapped to speak
because they interact directly with the public to discuss cyber issues.