The House minority leader threatened telecom and tech firms in an attempt to keep them from complying with the Jan. 6 investigation.
Companies must pay closer attention to what they say after hackers strike, lawyers warn, as regulators crack down on inaccurate disclosures and Congress debates mandatory reporting of cybersecurity breaches.
President Biden is expected to host executives from the private sector on Wednesday to discuss cybersecurity and related issues as his administration seeks to guard against disruptive attacks on American businesses and infrastructure.
The Binance and BitMEX exchanges have come under regulatory pressure, but coordinated oversight seems limited in the U.S., Europe and Asia.
The move comes after the Colonial Pipeline ransomware attack in May that disrupted U.S. fuel deliveries.
The Biden administration is set to publicly blame hackers affiliated with China’s main intelligence service for this year’s far-reaching cyberattack on Microsoft email software, part of a new global push to condemn Beijing’s malicious cyber activities.
The Pentagon’s decision to drop a Microsoft contract in favor of plans to hire multiple cloud vendors is an IT strategy embraced by the private sector.
The chief executive of Kaseya, the company whose software was targeted in the attack, told the White House that it wasn’t aware of any critical infrastructure that had been hit by the ransomware.
The company is stepping up its fight to maintain tight controls over which apps can be installed onto customers’ iPhones, as political pressure grows in Washington, D.C. and Brussels to upend those restrictions.
Semiconductor companies say they face higher costs that they are passing on to customers in some cases.
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