Tag Archives: cybersecurity

Tech companies like Apple, Google, and Microsoft promised to help bolster US cybersecurity after a meeting with President Joe Biden at the White House on Wednesday. The pledges vary by company but range from spending billions on cyber infrastructure to offering supply-chain aid and education. Wednesday’s high-profile meeting with tech CEOs comes on the heels of major cyberattacks against US government agencies and energy infrastructure like the Colonial Pipeline. “The federal… Source link

Business leaders in sectors ranging from tech to insurance committed billions of dollars to beefing up cybersecurity efforts at a White House meeting Wednesday. The meeting comes in the wake of several high-profile cyberattacks, including on government software contractor SolarWinds and oil pipeline Colonial Pipeline, that have brought added urgency to such security issues. The commitments range from working toward new industry standards to supplying other businesses with stronger security… Source link

Microsoft (MSFT) is officially a cybersecurity giant. For the first time on Tuesday, Microsoft disclosed revenue from its various security offerings as part of its quarterly earnings — $10 billion over the last 12 months. That amounts to a 40% year-over-year jump in the growing security business, making up roughly 7% of the company’s total revenue for the previous year. “We waited in some sense [until] this milestone to show the depth, the breadth, the span of what we are doing,”… Source link