Biden to host summit with tech moguls on combating cyberattacks

US President Joe Biden will meet with the country’s technology executives to discuss ways to enhance cybersecurity defences.

United States President Joe Biden is set to host leaders from the country’s largest technology and finance firms at the White House on Wednesday to discuss how to shore up their cybersecurity defences in the face of increasingly complex attacks. The meeting with top executives comes as Congress considers legislation regarding data-breach notification laws and cybersecurity insurance industry regulation on the heels of several ransomware attacks that targeted crucial infrastructure in the US. An attack in May of this year targeted Colonial Pipeline, a major fuel distributor, causing the company to temporarily shut down its operations. That halted the flow of fuel to gas stations and created severe shortages along the heavily populated US East Coast.