Cyber Threats Top The Agenda At White House Meeting With Big Tech

The United States government said Wednesday it would work with industry to develop new guidelines to improve the security of the technology supply chain, while President Joe Biden called on private sector executives to raise the bar on cybersecurity. .

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In White House meetings with Biden and members of his cabinet, executives from Big Tech, the financial industry and infrastructure companies said they would do more in the face of the growing threat of cyberattacks on the US economy.

“The federal government cannot meet this challenge alone, ” Biden told the masked executives in the East Room, telling them, “You have the power, the ability, and the responsibility, I believe, to raise the bar on cybersecurity.”

After the meeting, the White House said that the National Institute of Standards and Technology (NIST) will work with industry and other partners on new guidelines for building secure technology and evaluating the security of technology, including open source software.

Image of the mobile application Energia XXL.
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The cyber security has risen to the top of the agenda of Biden administration after a series of high – profile attacks against the company network management SolarWinds Corp, the company Colonial Pipeline, the company meat processing JBS and company software. Kaseya.

The attacks hurt the United States far beyond the pirated companies, affecting the supply of fuel and food .

“We have a lot of work to do,” Biden said, citing both the ransomware attacks and his push for Russian President Vladimir Putin to hold Russia-based cyber gangs accountable.

The guest list included Amazon CEO Andy Jassy, ​​Apple CEO Tim Cook, Microsoft CEO Satya Nadella, Alphabet Inc CEO Sundar Pichai, and IBM CEO Arvind. Krishna.

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After the meeting, Amazon said that it would make its cybersecurity training available to the public for free and that it would provide multi-factor authentication devices to some cloud computing customers starting in October.

Microsoft said it will invest $ 20 billion over five years, a four-fold increase from current rates, to accelerate its cybersecurity work and make available $ 150 million in technical services to help federal, state and federal governments. local to help maintain their security systems.

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On the other hand, Google said it will spend $ 10 billion on cybersecurity over the next five years, but it was not immediately clear if any of the numbers represented new spending. It also said it would help 100,000 Americans earn industry-recognized digital skills certificates that could lead to high-paying jobs.

“It’s not just about making our companies safer, but also about ensuring that we are doing something to tackle the bad guys.”
Congress is weighing legislation on data breach notification laws and regulation of the cybersecurity insurance industry, historically considered two of the most important policy areas within the field.

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