WCBR - Cyber stocks in focus as Biden holds security summit at the White House

Following a year that was marred by some high-profile cyber attacks, including the SolarWinds and Kaseya breach, Colonial Pipeline hack, and supply disruption at meatpacker JBS, President Biden is calling in the big boys. The CEO's from Apple, Microsoft and Amazon are heading to the White House this afternoon to discuss efforts in beefing up cybersecurity. Bloomberg reports that other top industry players were also invited to the meeting, including the heads of Alphabet, Google, IBM, Southern Co. and JPMorgan Chase. Backdrop: Last month, the White House issued a National Security Memorandum that was meant to help the private sector establish new standards in beefing up their cybersecurity strongholds. Given the order's primary objective of defending U.S. critical infrastructure, it makes sense that "infrastructure" will be high up on the list of today's conversation. Reports also suggest that the executives are likely to discuss how software can drive better security

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Cyber stocks in focus as Biden holds security summit at the White House