The American government said on Wednesday that it will work with Big Tech to set new guidelines for improving technology supply chain security, 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) will work with industry and other partners on new guidelines for creating secure technology and assessing technology security, including software open source.
Microsoft, Google, Travelers and Coalition, a cybersecurity provider, among others, have pledged to join the new NIST-led initiative.
Cybersecurity has risen to the top of the agenda for the Biden administration, following a series of attacks on company SolarWinds Corp. Network Management, the company Colonial Pipeline, the company processingmeat company JBS and software company Kaseya. The attacks hurt the United States far more than the businesses they hacked, affecting fuel and food supplies.
