Tech giants like Google (GOOGL) - Get Alphabet Inc. Class A Report, Microsoft (MSFT) - Get Microsoft Corporation (MSFT) Report, Apple (AAPL) - Get Apple Inc. (AAPL) Report, and others have pledged billions in cybersecurity investments following the meeting with President Biden in the White House on Wednesday.
Microsoft says it will invest $20 billion over the next five years to accelerate efforts to integrate cyber security by design and deliver advanced security solutions.
Google is also investing $10 billion to strengthen cybersecurity over the next five years.
"Google will provide tech training for 100,000 Americans and invest $10B to tackle this important issue that impacts us all," Google CEO Sundar Pichai tweeted.
The iPhone maker company Apple says it will work with its suppliers in the mass adoption of multi-factor authentication, security training, vulnerability remediation, event logging, and incident response.