Biden’s cybersecurity summit shows interdependence of government and industry
Scott Rosenberg,Ina Fried
After assembling a team of tough-minded regulators to take on big technology companies, the Biden administration on Wednesday called on many of those same companies to work with the federal government to address a growing wave of cyberattacks.
Driving the news: A White House summit between President Biden and tech leaders Wednesday, including the CEOs of Apple, Google, Amazon, Microsoft and IBM, concluded with a raft of announcements of new cybersecurity projects and spending plans.
Microsoft said it would spend an additional $20 billion over five years on “security by design” and offer $150 million in technical services to federal, state and local governments.
Google plans to spend $10 billion over five years on zero-trust programs and other measures...