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White House cybersecurity ‘summit’ to draw Apple CEO Cook, other tech, Wall Street execs

“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,” Damian Paletta reports for The wall Street Journal.

“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,” Paletta reports. “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.”

“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,” Paletta reports. 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.””

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