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President Biden Asks CEOs to Build Up Tech Capability to Fight Russian Cyberattacks

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President Biden urged business leaders to strengthen their companies’ capability to counter potential Russian cyberattacks amid the latter’s invasion of Ukraine, The Hill reported Monday.

“It’s not just in your interests that are at stake with the potential use of cybersecurity, it’s in the national interest’s stake, and I would respectfully suggest it’s a patriotic obligation for you to invest as much as you can in making sure — and we will help in any way — that you have built up your technologic capacity to deal with cyberattacks,” Biden said Monday at the Business Roundtable’s CEO quarterly meeting.

He noted that Russian President Vladimir Putin is “most likely to use” cyberattacks as a tool in response to sanctions imposed by the U.S. and its allies on Russia.

The president said investing in technology to prevent such breaches would protect companies, safeguard providers of critical services and help secure U.S. citizens’ privacy.

As an example, Biden said U.S. banks could help protect financial data by turning on cybersecurity for every customer by default.