From the article: "Citing the growing threat from cyberattacks, President Obama
on Tuesday announced that he had signed an executive order that
calls for the creation of voluntary standards to boost the security of computer
networks in critical industries such as those that keep trains from colliding
and drinking water clean…. The order does not create regulations or
authorities. Rather, it directs the Commerce Department to work with industry
and federal agencies to craft a framework of standards within a year. The
standards would apply only to sectors regulated by federal agencies, such as
banking and electric power. “This is not designed to be a one-size-fits-all
approach,” said a senior administration official, speaking on the condition of anonymity
to discuss an order before Obama announced it." Read more
