Plans for the Cyber Threat Intelligence Integration Centre were to be outlined later today by Lisa Monaco, a special adviser to President Barack Obama for homeland security.
The new entity "will be a national cyber threat intelligence centre that will 'connect the dots' between various cyber threats to the nation so that relevant departments and agencies are aware of these threats in as close to real time as possible," the official said.
The mission will be similar to the that of the National Counter terrorism Centre -- to integrate data on foreign cyber threats and ensure that US government centres responsible for cybersecurity have access to intelligence and tools to respond to threats.
"It will ensure indicators of malicious activity are downgraded to the lowest possible classification level to facilitate seamless intelligence flows among centres, including those responsible for sharing with the private sector."
The move comes with the Obama administration aiming to step up cyber defence in the wake of the massive attack on Sony Pictures and data breaches affecting tens of millions of Americans.
US officials have blamed North Korea for the hacking of Sony, and some analysts believe other data breaches are linked to China or Russia.
Earlier efforts on cybersecurity legislation have stalled amid opposition from civil libertarians who feared it could allow too much government snooping and conservatives who argued it would create a new bureaucracy.
One contentious part of the proposal is a shield of liability for companies that share information about cyber threats with the Department of Homeland Security.
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