Google, Microsoft plan to spend billions on cybersecurity

Business leaders in sectors ranging from tech to insurance committed billions of dollars to beefing up cybersecurity efforts at a White House meeting with President Joe Biden on 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.

[ Source : CNBC ]

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