Business A.M
No Result
View All Result
Saturday, March 28, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Frontpage

Global tech giants commit $30bn to cybersecurity investments

by Admin
January 21, 2026
in Frontpage, Technology, WORLD BUSINESS & ECONOMY
By Onome Amuge

 

Google, Microsoft, IBM, Apple and other leading technology companies have committed to investing over $30 billion to strengthen cybersecurity defenses and to train skilled workers in the technology space.

 

The announcement was made during President Joe Biden’s private meeting with top executives in the technology sector at the White House in Washington, following instances of ransomware attacks that have targeted critical infrastructure and major corporations, as well as other illicit cyber operations that U.S. authorities have linked to foreign hackers.

 

In his remarks, Biden urged technology experts in the private sector to do their parts to protect basic infrastructure against the increasingly sophisticated cyber attacks

 

“The reality is most of our critical infrastructure is owned and operated by the private sector, and the federal government can’t meet this challenge alone. I have invited you all here today because you have the power, the capacity and the responsibility, I believe, to raise the bar on cybersecurity,” he stated.

 

After the meeting, the U.S government released a statement which stated that Google had committed to invest $10 billion in cybersecurity over the next five years, an investment targeted at helping secure the software supply chain and expand zero-trust programmes.

 

The statement further noted that Microsoft pledged $20 billion investment in cybersecurity over the next five years as well as provision of $150 million in technical services to help local governments upgrade their defenses.

 

On its part, IBM said it would train 150,000 people in cybersecurity over three years, while Apple said it would develop a new programme to help strengthen the technology supply chain, and Amazon said it would offer to the public the same security awareness training it gives to employees, the statement said.
Admin
Admin
Previous Post

Vodacom’s Xlink deploys technology to improve banking services in Africa

Next Post

World largest public airlines plunge by $12bn in two months

Next Post

World largest public airlines plunge by $12bn in two months

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Banking, insurance stocks fuel N439bn weekly loss in equities market

Profit-taking wipes N157bn off market as investors turn defensive

March 28, 2026
MAN push for local sourcing in Lagos airport fencing project

Nigeria’s chemical, pharma firms at highest risk amid Middle East crisis-MAN

March 28, 2026
Falling cocoa prices offer relief to manufacturers but underlying risks persist

Cocoa futures fall on strong harvest outlook in Ivory Coast, Ghana

March 28, 2026
Aluminium steadies as Middle East tensions keep markets on edge

Copper slips, aluminium falls amid Middle East uncertainty

March 28, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Insurance-fuelled rally pushes NGX to record high

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Banking, insurance stocks fuel N439bn weekly loss in equities market

Profit-taking wipes N157bn off market as investors turn defensive

March 28, 2026
MAN push for local sourcing in Lagos airport fencing project

Nigeria’s chemical, pharma firms at highest risk amid Middle East crisis-MAN

March 28, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M