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Following a year of high-profile cyber breaches, it’s no surprise President Obama included proposals for increased cyber security in his State of the Union address last week.

The President proposed a measure that would establish a federal data breach notification law to replace the existing patchwork that currently exists at the state level. He also hopes to improve law enforcement’s ability to investigate and prosecute cyber criminals, as well as incentivize information sharing about threats from industry with the federal government. He also noted the importance of protecting student data and the need to pare down domestic surveillance:

“As promised, our intelligence agencies have worked hard, with the recommendations of privacy advocates, to increase transparency and build more safeguards against potential abuse. And next month, we’ll issue a report on how we’re keeping our promise to keep our country safe while strengthening privacy.”

Recently, I had the opportunity to discuss this very topic – the balance of security versus privacy – with other cyber risk experts on the Huffington Post Live. While the President aspires to achieve both simultaneously, I see many challenges ahead.

After the Snowden leaks, the pendulum swung more toward privacy, as the extent of surveillance programs became clearer. Now that we’ve seen high-profile cyber hacks like Sony, the pendulum swings back toward security. Each country is going to have to decide for itself how much privacy it’s willing to give up for the sake of increased security.

Watch the full discussion below: