Top IT Firms CEOs to Attend White House Cybersecurity Meeting

This article has been indexed from Softpedia News / Security

On Wednesday, President Joe Biden will meet with top executives from some of the country’s largest technology and financial companies, as the White House seeks private sector backing for a unified cyber defense against emerging threats, according to MCU Times. 

The gathering comes amid an increase in ransomware attacks on critical infrastructure, extorting multi-million dollar payments from large corporations, and other illicit cyber operations linked to foreign hackers by US authorities. According to a senior government official, the purpose of the conversation is to identify the root causes of hostile cyber activity as well as ways in which the private sector may contribute to enhancing cybersecurity.

The President Biden proposed an infrastructure bill would provide about $1 trillion in cybersecurity subsidies to state, local and tribal governmen…

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