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Obama: Tech Security a Key Priority

Stock quotes in this article: SYMC , MFE , MSFT , HPQ , IBM , CSCO , CHKP  

President Obama added flesh to the bones of his ambitious cyber-security strategy Friday, potentially providing a boost to tech security stocks.

After a 60-day review process, the National Security Council and the Homeland Security Council delivered a report to Obama on how best to tackle the growing threat of cyber-crime. Key recommendations include appointing a cyber-security "czar," forging closer ties between the federal government and the private sector, and responding more effectively to cyber attacks.

"My administration will promise a new, comprehensive approach," said Obama, during a White House press conference, where he welcomed the report. "Protecting this infrastructure will be a key national priority." ...

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