Cybersecurity Sector Ideas

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>>> Biden expected to make new cybersecurity announcements alongside private sector leaders


Washington Examiner

Christian Datoc

August 25, 2021


https://finance.yahoo.com/news/biden-expected-cybersecurity-announcements-alongside-143300574.html


Biden expected to make new cybersecurity announcements alongside private sector leaders

President Joe Biden will host representatives from dozens of private sector companies at the White House Wednesday for what administration officials say are "advanced" discussions on improving the nation's cybersecurity capabilities.

The discussions, broken into three separate sessions, will be attended by the members of Biden's Cabinet and executives from the financial, tech, energy, water, and education industries. Officials from Bank of America, JPMorgan Chase, TIAA, U.S. Bancorp, Apple, Alphabet, ADP, Amazon, IBM, and Microsoft will all be in attendance.

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According to White House officials, the three sessions themselves will focus on critical infrastructure resilience, building enduring cybersecurity, and the cybersecurity workforce. They will be respectively lead by Homeland Security Secretary Alejandro Mayorkas and Energy Secretary Jennifer Granholm, Commerce Secretary Gina Raimondo and Small Business Administration Administrator Isabella Guzman, and National Cyber Director Chris Inglis.

The meeting "reflects the president's commitment to public-private partnership and won't be his last engagement with the private sector on cybersecurity," one administration official told reporters during a briefing Tuesday afternoon. "He's very much committed to this. Both the U.S. public- and private-sector entities increasingly face sophisticated malicious cyberactivity. These incidents affect businesses small and large, small towns and cities in every corner of the country, and can hit the pocketbooks of middle-class families."

Biden pledged to hold such a meeting with private sector companies back in July following a string of escalating cyberattacks carried out by Russian actors.

At the time, the president signed the National Security Memorandum on Improving Cybersecurity for Critical Infrastructure Control Systems, which directed the Department of Homeland Security’s Cybersecurity and Infrastructure Security Agency and the Department of Commerce’s National Institute of Standards and Technology to outline new cybersecurity deliverables for the government, energy sector, and other critical industries.

Wednesday's meeting is expected to feature a number of "announcements" regarding those deliverables, according to a senior administration official.

White House press secretary Jen Psaki additionally told reporters back in July that Biden reserves the right to retaliate against Russian actors, both those involved with the government or isolated criminal organizations, should Russian President Vladimir Putin not take action to curb such cyber-intrusions.

"If the Russian government cannot or will not take action against criminal actors residing in Russia, we will take action or reserve the right to take action on our own," she stated. "It's important to, of course, protect our critical infrastructure, but also protect it, do it, play what role we can from the federal government to ensure that impacts on smaller businesses, on mom and pop shops, are minimized as well."

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