Tech Firms to Support Biden with Cybersecurity
Big tech companies made multi-million dollar commitments they said will bolster America’s lackluster cybersecurity defenses after a White House summit.
Joe Biden hosted more than 20 CEOs from the technology, energy, banking, insurance and education sectors to discuss the major shortcomings in America‘s cybersecurity.
The president, along with his secretaries for Commerce, Energy, and Homeland Security, addressed business leaders following several high-profile attacks on infrastructure, including the Colonial Pipeline in May, as well as the proliferation of ransomware attacks affecting companies and public services.
Tim Cook of Apple; Sundar Pichai, from Alphabet; Satya Nadella from Microsoft and Andy Jassy from Amazon were in attendance.
“The reality is that most of our critical infrastructure is owned and operated by the private sector,” Biden said in opening remarks. “And the federal government cannot face this challenge alone, so I’ve invited you all here today (yesterday) because you have the power, the ability, and the responsibility to raise the bar on cybersecurity.”
The president intended the event, announced in July, to be a “call to action” on the root causes of malicious activity online, a government official said, with an emphasis on solving a cybersecurity skills shortage.
Following the meeting, the companies announced various measures that they said will better prepare the country for future threats. Pichai said that Alphabet’s Google unit will invest more than $ 10 billion over the next five years with a focus on the “software supply chain,” the weaknesses that lie within the mosaic of technologies and protocols.
Third-party and often open source services that support many critical services. The company pledged to train 100,000 Americans in information technology support and data analytics as part of its Google career certificate program. IBM CEO Arvind Krishna said his company will train 150,000 workers in cybersecurity over the next three years, in collaboration with historically black colleges and universities in an effort to increase diversity within the sector. Microsoft, which was the victim of a cyberattack in March, will spend $ 20bn on cybersecurity measures over five years, four times its current investment rate. In addition, it will provide $ 150 million in technical services to the government at the national and local levels to enhance cybersecurity defenses.
Amazon, which did not assign a monetary figure to its efforts, will share with the public the training materials it provided to its employees to protect sensitive information and guard against cyberattacks. For its part, Apple has not shared its plans. Jamie Dimon from JP Morgan Chase and Brian Moynihan from Bank of America also attended the meeting. Other companies were payroll software provider ADP and energy companies ConocoPhillips and PG&E.
Tech Firms to Support Biden with Cybersecurity - /10
Big tech companies made multi-million dollar commitments they said will bolster America's lackluster cybersecurity defenses after a White House summit.