Cyberattacks on U.S. companies 'will only intensify,' warns Commerce Secretary Gina Raimondo

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Raimondo said the proposed American Jobs Plan looks to 'shore up investments' aimed at preventing cybersecurity attacks in all industries.

"It's clear the private sector needs to be more vigilant, by the way including small- and medium-size companies, and President Biden has been clear that we need to do more," she added.

"Certain components of the American Jobs Plan provide for investments to shore up the nation's cyberinfrastructure," the commerce secretary told Stephanopoulos. Several members of the Biden administration, including Energy Secretary Jennifer Granholm, said"very malign actors" are lining up to attack American businesses from both foreign and domestic fronts.State of the Union

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