Major Technology Companies made Cyber security Commitments Following the White House Conference

Following a White House conference on Wednesday, many Big Tech corporations announced multibillion-dollar promises to shore up the country’s shaky Cyber security defenses.Joe Biden convened a roundtable discussion with more than 20 CEOs from the technology, energy, finance, insurance, and education sectors to explore significant gaps in the country’s cyber capabilities.

It comes after many high-profile incidents of assaults on US infrastructure, including a recent attack on the Colonial Pipeline, as well as a surge of ransomware attacks on businesses and public agencies.Some of the executives in attendance were Tim Cook of Apple, Sundar Pichai of Alphabet, Satya Nadella of Microsoft, and Andy Jassy of Amazon.

As Biden noted in his opening remarks, “the majority of our essential infrastructure is owned and maintained by the private sector.In addition to addressing Cyber security skills shortages, a senior administration official said the event was intended as “a call to action” on the fundamental causes of harmful online behavior. According to the US Bureau of Labor Statistics, there are around 500,000 vacant positions in the industry.

According to a White House statement issued after the meeting, ” “Software supply chain” integrity will be improved by collaboration between the National Institute of Standards and Technology and businesses.Pichai said Alphabet’s Google business will contribute $10bn in Cyber security over the next five years as part of the plan. According to the report, the business committed to teaching 100,000 Americans in similar professions by the end of the year.”We’re going to train 150,000 people in Cyber security over the next three years,” IBM CEO Arvind Krishna stated.