Biden administration to roll out cybersecurity steps as president meets with CEOs from Silicon Valley, other sectors

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Government officials and big companies on Wednesday will offer a set of announcements on cybersecurity related to technology and workforces, according to a senior Biden administration official.

The announcements are due to come as President Joe Biden and other administration officials meet on Wednesday with top CEOs from the tech sector and other industries to discuss ways to improve cybersecurity
HACK,
+1.94%.

There will be specific commitments and concrete steps, the senior administration official told reporters on Tuesday, without giving details.

The participating chief executives are expected to include Apple’s
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-0.06%
Tim Cook, Microsoft’s
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-0.67%
Satya Nadella and Amazon’s
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+1.22%
Andy Jassy, who took over last month from Jeff Bezos. Alphabet’s
GOOG,
+0.92%

GOOGL,
+0.87%
Google, IBM
IBM,
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ADP
ADP,
-1.67%,
JPMorgan Chase
JPM,
+0.62%,
Bank of America
BAC,
+1.39%,
TIAA, U.S. Bancorp
USB,
+1.14%,
ConocoPhillips
COP,
+1.13%,
Duke Energy
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-0.64%,
PG&E
PCG,
+1.54%,
Southern Co.
SO,
-1.41%,
Williams
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+0.57%
and Travelers
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+0.46%
also are expected be among the companies with CEOs taking part.

Washington is trying to respond to an ongoing barrage of cyberattacks. This year has brought high-profile incidents such as the Colonial Pipeline ransomware attack that led to gasoline
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-0.09%
shortages in the Southeast, and the massive SolarWinds
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+2.41%
hack that affected the networks of multiple government agencies and corporations.

Now read: Can Biden really protect Americans from the next crippling cyberattack?

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