President Joe Biden is meeting big names in tech, education, and business industry to discuss cybersecurity issues on today's meeting at the White House. Biden is expected to discuss how government and private firms could work together to combat online security threats.
The media is closely watching this meeting following the recent cyberattacks on many U.S. companies.
This month, T-Mobile (TMUS) - Get Free Report, the third-largest U.S. wireless carrier, confirmed that a data breach affected its over 47.8 million customers.
"... approximately 7.8 million current T-Mobile postpaid customer accounts’ information appears to be contained in the stolen files, as well as just over 40 million records of former or prospective customers who had previously applied for credit with T-Mobile," the company said in a statement. "Importantly, no phone numbers, account numbers, PINs, passwords, or financial information were compromised in any of these files of customers or prospective customers."
In May, Colonial Pipeline made global headlines when it was forced to pay roughly $4.3 million in ransom to Russian hackers. Colonial Pipeline ransomware attack is considered the largest cyberattack on an oil infrastructure target.