Tech companies pledge billions in cybersecurity investments

The Biden administration has been urging the private sector to do its part to protect against those increasingly sophisticated attacks.

The Washington gathering was held during a relentless stretch of ransomware attacks that have targeted critical infrastructure and major corporations, as well as other illicit cyber operations that U.S. authorities have linked to foreign hackers. Microsoft, meanwhile, said it would invest $20 billion in cybersecurity over the next five years and make available $150 million in technical services to help local governments upgrade their defenses. IBM plans to train 150,000 people in cybersecurity over three years, Apple said it would develop a new program to help strengthen the technology supply chain, and Amazon said it would offer to the public the same security awareness training it gives to employees.

The meeting took place as Biden’s national security team has been consumed by the troop withdrawal in Afghanistan and the chaotic evacuation of Americans and Afghan citizens. That it remained on the calendar indicates the administration regards cybersecurity as a major agenda item, with the administration official describing Wednesday’s meeting as a “call to action.”

Blah blah blah. Instead of only focusing defense, how about launching crippling, sustained cyber attacks on Russia? Shut down their grid. Expropriate all their foreign currency reserves (official and unofficial). Seize all their crypto wealth & then shut them out of the internet.

Okay okay keep up the good work

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden to host tech, finance and energy CEOs for security summit at White House following wave of cyberattacksThe meeting follows several major cyber attacks impacting government agencies and infrastructure. Prepared for you to to spin $GME movement from yesterday anyways you can - covering up the cyclical nature of the stock based on years of hedge funds making shady bets. Everyone sees you for what you are. We all know that COVID-19 has a new crown mutation in the UK, India, Brazil and South Africa. The US has about 36000000 COVID-19 infection. What is the reason why there is no news about the new US crown variation? What the hell are you hiding?
Source: CNBC - 🏆 12. / 72 Read more »

Tech industry is blowing millions of dollars making work from home worseOpinion | The tech industry is blowing millions of dollars to make work from home into a worker-surveillance dystopia. By edzitron edzitron good piece. ((sigh)) the soul killing [and fatally flawed] surveillance software you write about makes me think of the Boots Riley film “Sorry to bother you” —
Source: BusinessInsider - 🏆 729. / 51 Read more »

How This Tech Company Is Disrupting The Wine IndustryIn building this business from the ground up, Jennifer Tkachuk-Tremblay, the CEO and Founder of Somm tapped into her network to raise capital and embraced the totally virtual fundraising environment.
Source: ForbesWomen - 🏆 477. / 51 Read more »