Obama on Cybersecurity: Information Sharing Is Key

President Barack Obama is in California's Silicon Valley Friday, calling for more cooperation in the battle over cybersecurity.

This comes in the wake of embarrassing high-profile data breaches to business giants Target, Sony Entertainment, Anthem Health Insurance, and Home Depot.

The president is encouraging private business owners to share information with each other and with the federal government as a first line of defense.

The message the White House is conveying to private business owners is that strong cybersecurity is good for business and provides companies with a competitive edge.