海角大神

Tech execs say no to cyberhacks, promise billions in prevention

After a meeting with President Biden on Wednesday, executives from leading U.S. tech companies, such as Microsoft and Google, pledged billions to bolster their cybersecurity. Mr. Biden insisted that combatting cyberattacks requires private-sector cooperation. 

|
Evan Vucci/AP
President Joe Biden speaks during a meeting about cybersecurity in the East Room of the White House, Aug. 25, 2021, in Washington. Ransomware attacks in the last year have hit a wide range of U.S. industries.

Some of the country鈥檚 leading technology companies have committed to investing billions of dollars to strengthen cybersecurity defenses and to train skilled workers, the White House announced Wednesday following President Joe Biden鈥檚 private meeting with top executives.

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.

The Biden administration has been urging the private sector to do its part to protect against those increasingly sophisticated attacks. In public remarks before the meeting, Mr. Biden referred to cybersecurity as a 鈥渃ore national security challenge鈥 for the United States.

鈥淭he reality is most of our critical infrastructure is owned and operated by the private sector, and the federal government can鈥檛 meet this challenge alone,鈥 Mr. Biden said. 鈥淚鈥檝e invited you all here today because you have the power, the capacity, and the responsibility, I believe, to raise the bar on cybersecurity.鈥

After the meeting, the White House announced that Google had committed to invest $10 billion in cybersecurity over the next five years, money aimed at helping secure the software supply chain and expand zero-trust programs. The Biden administration has looked for ways to safeguard the government鈥檚 supply chain following a massive Russian government cyberespionage campaign that exploited vulnerabilities and gave hackers access to the networks of U.S. government agencies and private companies.

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.

Top executives of each of those companies were invited to Wednesday鈥檚 meeting, as were financial industry executives and representatives from the energy, education, and insurance sectors. A government initiative that at first supported the cybersecurity defenses of electric utilities has now been expanded to focus on natural gas pipelines, the White House said Wednesday.

Though ransomware was intended as one aspect of Wednesday鈥檚 gathering, a senior administration official who briefed reporters in advance said the purpose was much broader, centered on identifying the 鈥渞oot causes of any kind of malicious cyber activity鈥 and also ways in which the private sector can help bolster cybersecurity. The official briefed reporters on the condition of anonymity.

The meeting took place as Mr. Biden鈥檚 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鈥檚 meeting as a 鈥渃all to action.鈥

The broad cross-section of participants underscores how cyberattacks have cut across virtually all sectors of commerce. In May, for instance, hackers associated with a Russia-based cyber gang launched a ransomware attack on a major fuel pipeline in the U.S., causing the pipeline to temporarily halt operations. Weeks later, the world鈥檚 largest meat processor, JBS, was hit with an attack by a different hacking group.

In both instances, the companies made multimillion-dollar ransom payments in an effort to get back online.

Mr. Biden on Wednesday pointed to a summit with Russian President Vladimir Putin in June when he said he made clear his expectation that Russia take steps to rein in ransomware gangs because 鈥渢hey know where [he hackers] are and who they are.鈥

This story was reported by The Associated Press.

You've read  of  free articles. Subscribe to continue.
Real news can be honest, hopeful, credible, constructive.
What is the Monitor difference? Tackling the tough headlines 鈥 with humanity. Listening to sources 鈥 with respect. Seeing the story that others are missing by reporting what so often gets overlooked: the values that connect us. That鈥檚 Monitor reporting 鈥 news that changes how you see the world.
QR Code to Tech execs say no to cyberhacks, promise billions in prevention
Read this article in
/Technology/2021/0826/Tech-execs-say-no-to-cyberhacks-promise-billions-in-prevention
QR Code to Subscription page
Start your subscription today
/subscribe