President Joe Biden to Meet Next Month with Business Executives About Cybersecurity

An official said Wednesday that President Joe Biden and members of his national security team plan to meet with corporate executives next month to discuss cybersecurity.

The meeting on Aug. 25 comes as the White House scrambles to help businesses protect themselves against ransomware attacks by Russian-based criminal gangs, as well as an aggressive cybersecurity threat from the Chinese government.

A spokeswoman for the National Security Council confirmed the meeting, but did not name the business leaders who would be attending. The focus of the conference will be on “how we can work together to improve the nation’s cybersecurity.”

The administration has already started collaborating with the corporate sector to improve cybersecurity and resilience. It has undertaken a programme to improve standards in crucial industries such as electricity, and it has collaborated with Microsoft in the aftermath of a global breach that affected tens of thousands of computer systems earlier this year.

In a phone chat with Russian President Vladimir Putin earlier this month, Biden urged Putin that Russia needs to do more to combat ransomware assaults. In recent months, criminal hackers have conducted attacks on a big fuel pipeline, causing a gas scarcity, as well as the world’s largest meat-processing plant.

However, the administration continues to be concerned about China’s cyber actions. The administration blamed Chinese hackers for the compromise of Microsoft Exchange email server software on Monday, accusing Beijing of utilising criminal contract hackers who carried out operations for personal gain.

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