On February 12, 2013, President Obama issued an Executive Order, entitled “Improving Critical Infrastructure Cybersecurity," establishing that the President considers cyber threats “one of the most serious national security challenges.”  As explained in this client alert, the Order is of critical importance for businesses in all industries, especially those that contract with the government, both because of the significant threats cyber attacks pose and because the effort to improve the nation’s cybersecurity will involve virtually all major federal agencies. First, there is the priority attached to cybersecurity, second, the aggressive schedule for implementation and, third, the incentives to private companies to voluntarily adopt the Framework.