Tech Giants To Invest $30b In Cybersecurity Over The Next 5 Years

708

That’s $10 billion from Google, $20 billion from Microsoft and $0 billion from Apple, says an article published in Engadget.

White house Cyber security meetup

Following a meeting with President Joe Biden today, Google and Microsoft promised to invest a total of $30 billion in cybersecurity advancements over the next five years. Google pledged $10 billion, while Microsoft pledged $20 billion. 

Microsoft to upgrade tech-security systems

Microsoft CEO Satya Nadella said on Twitter that $150 million of that money will be used to expand Microsoft’s training network and help US government agencies upgrade their digital security systems. The White House described that particular investment as follows: “Microsoft … will immediately make available $150 million in technical services to help federal, state, and local governments with upgrading security protection, and will expand partnerships with community colleges and non-profits for cybersecurity training.

Google’s Zero-trust Security model

Google, meanwhile, will focus on extending the zero-trust security model, securing the software supply chain, building out open-source security, and offering more training opportunities to Americans. Specifically, Google said it will help 100,000 Americans over the next three years earn Google Career Certificates in cybersecurity fields.

To defend US digital systems

Today, President Biden met with technology companies and cybersecurity thought leaders to discuss threats like the recent SolarWinds attack and how the US can better defend its digital systems. In addition to Google and Microsoft’s financial infusion, Apple will establish new, widespread supply-chain protocols in the name of tighter security, and Amazon will offer its internal cybersecurity training to the public at no charge. Other organizations, including IBM, Girls Who Code and Code.org, made plans to expand cybersecurity defenses across government, society and industry.

It was unclear what would actually shake out of today’s White House cybersecurity meeting, and $30 billion (and then some) certainly isn’t a bad place to start.

Did you subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source: Engadget