Opponents worry that data-sharing legislation could lead to increased government surveillance.
Missile maker Raytheon spends $1.9 billion on joint venture to build "defense-grade solutions" that help companies protect themselves against hacks.
Despite privacy concerns, committee passes bill that encourages US companies to share information about security breaches with each other and government agencies.
The president came to the first ever White House cybersecurity summit equipped with a pen -- to sign his executive order -- and plenty of jokes to ease the mood around cyberthreats.
President Barack Obama lightened the mood at a cybersecurity summit Friday at Stanford University, cracking jokes about passwords and being nerdy.
The president wants better coordination between government and the private sector to fight online threats. Companies on board include Apple and Intel.
President Obama heads to Stanford University to meet with Apple CEO Tim Cook and other business and academic leaders in an effort to tackle cyberthreats.
The president plans to visit the San Francisco Bay Area to meet with leaders in cybersecurity and discuss how to best move forward in preventing hacks and cyberattacks.
The president urges Congress to pass legislation that would strengthen the country's hacking detection system and counterintelligence capabilities.
President Barack Obama formally presents his cybersecurity proposals to the nation, but experts fear it's too little, too late to make a major impact on Americans' lives.