Google promises 1 trillion yen security measures and Microsoft promises 2 trillion yen security measures to build a new framework

by Blue Coat Photos

President Biden met with leaders of technology companies such as Google, Microsoft, IBM, Apple, and Amazon on Wednesday, August 25, 2021 to discuss efforts to address recent cybersecurity threats. In this, it was announced that a new framework will be built to improve the security of the technology supply chain in cooperation with Google, Microsoft, IBM and others. Google said it will spend $ 10 billion on security measures and Microsoft will spend $ 20 billion over the next five years.

FACT SHEET: Biden Administration and Private Sector Leaders Announce Ambitious Initiatives to Bolster the Nation's Cybersecurity | The White House
https://www.whitehouse.gov/briefing-room/statements-releases/2021/08/25/fact-sheet-biden-administration-and-private-sector-leaders-announce-ambitious-initiatives-to-bolster- the-nations-cybersecurity /

US to work with Big Tech, finance sector on new cybersecurity guidelines | Reuters
https://www.reuters.com/world/us/cyber-threats-top-agenda-white-house-meeting-with-big-tech-finance-executives-2021-08-25/

Cyber attacks are frequent in the United States, and in 2020, large companies such as Microsoft and Cisco were victims of what is called 'one of the most serious cyber attacks in the last decade.'

What is the attack on SolarWinds' Orion Platform, which Microsoft president says is 'one of the most serious cyberattacks in the last decade?' --GIGAZINE

In May 2021, the largest oil pipeline in the United States was shut down due to a ransomware attack.

America's largest oil pipeline shuts down due to ransomware attack, Biden administration declares emergency-GIGAZINE

In June, the world's largest meat company JBS was attacked by ransomware and all beef factories in the United States were shut down. I am.

The world's largest meat company, JBS, was attacked by ransomware, and all beef factories in the United States were shut down.

In response to such damage, President Biden held a meeting aimed at raising the level of cyber security. Cyber security enhancement and future with technology companies such as Apple, Google, IBM, Microsoft, Amazon, cyber insurance providers Coalition and Resilience, non-profit organization Code.org, University of Texas, etc. on Wednesday, August 25, 2021 We talked about our efforts.

After the meeting, the Biden administration announced that the National Institute of Standards and Technology (NIST) would partner with industry partners to build a new framework for increasing the security and integrity of its technology supply chain. This approach will provide guidelines for public and private sector organizations to build technology products, including open source software, and to assess the safety of technology. At the time of writing the article, Microsoft, Google, IBM, insurance companies Travelers and Coalition have announced their participation in the initiative.

For example, Google has invested $ 10 billion over five years to expand its Zero Trust program, protect its software supply chain, promise to enhance the security of open source software, IT support and data. Announced that it will train 100,000 Americans in areas such as analytics and enable them to obtain a 'digital skill certificate.'

After the meeting, Google published a blog post entitled 'Why We're Investing $ 10 Billion to Promote Cybersecurity.' First, Google points out that many companies aren't currently adopting the latest security methods and are using existing, well-known software and infrastructure, which increases costs and creates security risks. In addition, attackers are targeting weaknesses in the software supply chain, vendors lack the tools and expertise to thwart attacks, and there are trained people in each country to address the issue. The problem was not to do it.

Why we're committing $ 10 billion to advance cybersecurity
https://blog.google/technology/safety-security/why-were-committing-10-billion-to-advance-cybersecurity/

IBM will also train 15,000 people in cybersecurity over the next three years and work with 20 historically black colleges to establish a Cybersecurity Leadership Center to create a cybersecurity-related workforce. We promised to bring diversity.

Microsoft announced that it will invest $ 20 billion over the next five years to integrate cybersecurity at the time of design and provide advanced security solutions. In addition, federal, state, and local governments in the field of technical services will immediately invest $ 150 million to upgrade security protection, as well as community colleges for cybersecurity training. We promised to work with colleges and nonprofits.

Thank you @POTUS for convening a critical conversation on cybersecurity. Microsoft will invest $ 20 billion to advance our security solutions over the next 5 years, $ 150 million to help US government agency upgrade protections, and expand our cybersecurity training partnerships.

— Satya Nadella (@satyanadella) August 25, 2021

Apple announced that it will establish a new program to drive continuous security improvements throughout its technology supply chain. As part of the program, it will promote the expansion of multi-factor authentication, security training, vulnerability repair, event logging, and increased employment to address problems.

Amazon has announced that it will release the content of security awareness training it provides to employees to the public for free. Amazon has also announced that it will offer multi-factor authentication devices to all Amazon Web Services account holders at no additional cost to protect against risks such as phishing scams and password leaks.