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Obama to speak next Friday at Stanford, in SF

President Barack Obama will be in the Bay Area next week to speak at a Summit on Cybersecurity and Consumer Protection at Stanford University – an event that was scheduled a month ago but seems particularly timely given this week’s news of a massive hacking fiasco that compromised the personal data of up to 80 million Anthem insurance customers.

The president will arrive in San Francisco on Thursday night, a White House official said on background. He’ll speak Friday at the summit, which aims “to help shape public and private sector efforts to protect American consumers and companies from growing threats to consumers and commercial networks.”

“The summit will bring together major stakeholders on cybersecurity and consumer financial protection issues – including senior leaders from the White House and across the federal government; CEOs from a wide range of industries including the financial services industry, technology and communications companies; computer security companies and the retail industry; as well as law enforcement officials, consumer advocates, technical experts, and students,” the White House official said.

President Obama after his remarks will host a roundtable discussion with business leaders. On Friday evening, he’ll speak at a Democratic National Committee fundraiser at the San Francisco home of venture capitalist Sandy Robertson; tickets cost $10,000 for dinner and a photo, $32,400 to co-chair the event. On Saturday, Obama will head for Palm Springs.