Biden calls cybersecurity core national security challenge in meeting with tech, education and cri (CNN - Business)

(CNN)Business leaders from key sectors of the economy pledged to help harden the country against cyberattacks on Wednesday following a meeting with President Joe Biden at the White House, where he described cybersecurity as a "core national security challenge" and cited recent high-profile attacks on US businesses that have disrupted life for everyday Americans. Google said it would spend $10 billion on cybersecurity initiatives. IBM added it would begin offering more widely a secure backup service that is already being used by critical infrastructure operators. Microsoft said it would spend $20 billion over five years on cybersecurity initiatives, and pledged $150 million in support for federal, state and local governments seeking to upgrade their security. And Amazon's cloud computing division said it would provide free multi-factor authentication devices to US customers who spend at least $100 a month on average on Amazon Web Services. ...



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