Record levels of internet grooming spark calls for stronger Online Safety Bill
Wash. DC (AP)-In the aftermath of several widespread ransomware attacks affecting major US companies, President Joe Biden plans to meeting with top executives from some of the country’s leading technology companies and financial institutions today.
The White House is working to enlist the private sector’s help in firming up cybersecurity defenses against increasingly sophisticated attacks.
Today’s summit comes during a frenetic stretch of ransomware attacks that have targeted critical infrastructure, in some cases extorting multi-million-dollar payments from major corporations, as well as other illicit cyber operations that U.S. authorities have linked to foreign hackers.
Though ransomware is just one focus of today’s gathering. A senior administration official says the purpose of the meeting is broader and centered at identifying the “root causes of malicious cyber activities.”
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