President Obama said at his end-of-year press conference on Friday that he had a "cyber agency team look at everything we could do at the government level to prevent these kinds of attacks."
"We have been correlating with the private sector but a lot more needs to be done," Obama said.
He said he hoped Congress will in the new year work on "stronger cybersecurity laws that allow for information sharing across private sector platforms as well as the public sector."
This would help to prevent cyberattacks from happening "in the first place," he added.
The Obama administration and the soon-to-be-retiring Congress have failed to see eye-to-eye in the past two years on proposed cybersecurity legislation. The problem has been exacerbated by a series of high-profile attacks against U.S. businesses from state-sponsored hackers and lone-wolf hacker groups.
After the White House threatened to veto one controversial bill, dubbed the Cyber Intelligence Sharing and Protection Act (CISPA), new legislation made it through the Senate Intelligence Committee earlier this year.
Critics called the new bill, the similarly named Cybersecurity Information Sharing Act (CISA), an "even more toxic bill than the original CISPA bill." It will be debated and voted on by the full Senate in the new year.