Biden To Host Tech, Energy Ceos

Executives from tech, finance, and energy companies will meet with President Biden today. The group plans to discuss how to best combat cybersecurity threats. The U.S. has recently experienced several large cyberattacks that have added urgency to the public and private sectors in containing such threats. Those incidents include the attack on software firm Solar Winds that impacted several government agencies and the Colonial Pipeline hack. CEOs from firms like Amazon ($AMZN@US), Apple ($AAPL@US), JPMorgan Chase ($JPM@US), and Girls Who Code will bring ideas to improve U.S. cybersecurity. Biden’s cabinet and national security team members will also join the meeting before leading break-out discussions with executives from various sectors. U.S. administration officials said concrete steps for improving cybersecurity practices should come out of the event. The official emphasized the goal was to address the root causes of the attacks.