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Microsoft pledges $20 billion in spending in cybersecurity over the next 5 years
The constant flood of ransomware attacks that have taken place over the past year has emphasized the need for big tech companies and the federal government to join forces to help prevent future attacks.
Following an August 25 meeting with President Joe Biden at the White House, Microsoft announced that it is quadrupling its cybersecurity investment to $20 billion over the next five years. After the meeting, Microsoft CEO Satya Nadella announced on Twitter that $150 million will go towards increasing the capacity of Microsoft’s training network. This will reach more government agencies and help them boost digital security more efficiently.
Microsoft wasn’t the only tech giant who pledged to make a difference. A media release from the White House broke down pledges from other companies.
Google announced it will invest $10 billion over the next five years to expand zero-trust programs, help secure the software supply chain, and enhance open-source security.
Amazon announced it will make available to the public at no charge the security awareness training it offers its employees, while IBM announced it will train 150,000 people in cybersecurity skills over the next three years and will partner with more than 20 Historically Black Colleges & Universities to establish Cybersecurity Leadership Centers to grow a more diverse cyber workforce.
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