The US government said Wednesday it will work with Big Tech to set new guidelines to improve supply chain security supply technology, as President Joe Biden called on private sector executives to "raise the bar on cybersecurity."
At Biden's meetings at the White House with members of his cabinet, Big Tech executives, the financial industry and infrastructure companies, they said they would take action against the growing threat of cyber-attacks on the US economy.
"The federal government can not meet this challenge alone," Biden told the East Room.
After the meeting, the White House said the National Institute of Standards and Technology (NIST) would work with industry and other partners on new guidelines for creation secure technology and assessing the security of technology, including open source software.
Microsoft, Google, Travelers and Coalition, a cybersecurity provider, among others, have pledged to join the new NIST-led initiative.
Cybersecurity tops Biden's agenda after a series of attacks on the company SolarWinds Corp. Network Management, the company Colonial Pipeline, meat processor JBS and software company Kaseya. The attacks hurt the United States far more than the businesses which they hacked, affecting fuel and food supplies.