In what can be seen as a rare occasion, the Situation Room -- which is mainly used to discuss national security issues -- was opened to corporate CEOs, indicating the importance given to the issue by Obama.
"The President joined this meeting to demonstrate the importance he and his administration place on the issue of cyber security.
"Today's meeting was part of the administration's ongoing dialogue with the private sector on cyber security," the White House said after the meeting.
They discussed the efforts being taken by the US government to address these threats, including diplomatic engagement and the President's recently signed Executive Order, the statement said.
The discussion focused up on how the government and private sector can build on their cooperation to improve the nation's cyber security.
"They discussed the need for cyber security legislation
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