Obama backs away from law to access encrypted information
Get Alerts AAPL Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
Join SI Premium – FREE
(Reuters) - President Barack Obama's administration has backed away from seeking legislation that would give U.S. law enforcement agencies access to individuals' encrypted messages, the White House said on Saturday.
"We are actively engaged with private companies to ensure they understand the public safety and national security risks that result from malicious actors’ use of their encrypted products and services," said White House spokesman Mark Stroh. "However, the administration is not seeking legislation at this time."
Stroh reiterated comments by Federal Bureau of Investigation Director James Comey, who in testifying before a Senate committee on Thursday said the administration would not seek a bill allowing it to crack into encrypted information.
"Changing forms of Internet communication and the use of encryption are posing real challenges to the FBI’s ability to fulfill its public safety and national security missions," Comey warned.
The tech industry, through groups representing the likes of Apple Inc (NASDAQ: AAPL), Google Inc (NASDAQ: GOOGL), Facebook Inc (NASDAQ: FB), IBM (NYSE: IBM) and Microsoft Corp (NASDAQ: MSFT), this year resisted any administration moves to weaken increasingly sophisticated encryption systems designed to protect consumers' privacy.
The decision to back away from a law that would have companies turn over encrypted information to the federal government came from fears that the information would then be vulnerable to hackers, the New York Times reported on Saturday.
Recently, hackers have breached federal computer systems for the Office of Personnel Management and the Internal Revenue Service and stolen personal data of federal employees and some U.S. taxpayers.
(Reporting by Lisa Lambert and Jeff Mason; Editing by Lisa Von Ahn)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Libya's eastern government bans entry of nationals from four African countries
- Italy PM calls for a return to normality with US after Trump spat
- US says Bolivia anti-government protests pose grave threat to democracy
Create E-mail Alert Related Categories
ReutersRelated Entities
Barack ObamaSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share