Biden to meet next month with private sector on cyber issues

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• Biden to meet next month with private sector on cyber issues President Joe Biden and members of his national security team plan to meet next month with business executives about cybersecurity, an official said Wednesday. The Aug. 25 meeting comes as the White House is scrambling to help companies protect against ransomware attacks from Russia-based criminal syndicates and as the administration also confronts an aggressive cybersecurity threat from the Chinese government. A National Security Council spokesperson disclosed the meeting, but did not identify the business leaders who would be participating. The…
• The rise of ransomware: the multibillion pound hacking industry where no one is safe If cybercrime was a country, it would be the world’s third-largest in terms of GDP, just after the US and China. This year, the total cost to the global economy is predicted to top $6 trillion (£4 trillion). Turbocharging this fast growing crime economy is a method of hacking and extortion known as ransomware. You may have come across ransomware in the news when large companies are held virtual hostage, leading to headlines like: ‘Gas stations from Florida to Virginia…
• A White House official and a Pelosi aide both tested positive for COVID-19 after attending same reception House Speaker Nancy Pelosi (D-California) arrives for an event on Capitol Hill on April 14, 2021. AP Photo/Susan Walsh A White House official and an aide to Pelosi have both tested positive for COVID-19, per Axios. The Pelosi aide led a group of Texas state Democratic legislators around the Capitol this week. The White House official and the Pelosi aide attended the same reception last week. Sign up for the 10 Things in Politics daily newsletter. A Biden White House…
• Biden hosts Jordan's king amid tough choices in Mideast President Joe Biden is set to host King Abdullah II of Jordan during one of the most difficult moments of the Jordanian leader's 22-year rule and at a pivotal time in the Middle East for Biden. Abdullah arrives Monday afternoon at the White House. Last week a Jordanian state security court sentenced two former officials to serve 15 years in prison over an alleged plot against the king uncovered earlier this year that involved Abdullah's half-brother. Meanwhile, Biden, who has…
• Biden hosts Jordan's king amid tough choices in Mideast President Joe Biden is set to host King Abdullah II of Jordan during one of the most difficult moments of the Jordanian leader's 22-year rule and at a pivotal time in the Middle East for Biden. Abdullah arrives Monday afternoon at the White House. Last week a Jordanian state security court sentenced two former officials to serve 15 years in prison over an alleged plot against the king uncovered earlier this year that involved Abdullah's half-brother. Meanwhile, Biden, who has…
• Leaked documents appear to confirm a Russian plot to support Trump in 2016, Guardian report says President Donald Trump and Russian President Vladimir Putin at a joint press conference in Helsinki, Finland, on July 16, 2018. Chris McGrath/Getty Images Russian approved a plan to help Trump win the 2016 election, The Guardian reported Thursday. It cited papers said to be leaked from the Kremlin, which experts said appear genuine. They lay out the chaos officials expected to follow a Trump win, weakening Russia's greatest rival. See more stories on Insider's business page. Documents purporting to record…
• Nasdaq is spinning off its marketplace for private shares into a separate business as more investors clamor for a piece of pre-IPO companies Nasdaq Private Market was launched in 2014. VIEW press/Getty Images Nasdaq will work with a group of banks to spin off its Nasdaq Private Market unit into a separate business. Private companies have used Nasdaq's business to raise capital and manage secondary transactions. SVB Financial and Goldman Sachs are part of the consortium to establish a secondary trading venue for private company stock. See more stories on Insider's business page. Stock exchange operator Nasdaq said Wednesday it has entered into…
• Biden to meet with Iraqi prime minister at White House President Joe Biden will meet with Iraqi Prime Minister Mustafa al-Kadhimi later this month in Washington, the White House said Friday. The meeting set for July 26 comes at a pivotal point in the U.S.-Iraq relationship, and amid growing concerns about more frequent attacks against U.S. troops in Iraq and Syria. There have been at least eight drone attacks targeting the U.S. presence since Biden took office in January, as well as 17 rocket attacks. White House Press Secretary Jen…
• China announces on-site Didi cybersecurity investigation China's cyber-watchdog on Friday announced an on-site cybersecurity investigation of ride-hailing service Didi, stepping up scrutiny after earlier criticism of its handling of customer information caused the company’s New York-traded shares to tumble. The on-site inspection comes two weeks after the regulator said it would probe the ride-hailing company over concerns about national security and data security. That came days after Didi raised $4.4 billion and went public on the New York Stock Exchange. According to a statement released Friday…
• Miami security firm faces questions in Haiti assassination Leon Charles, left, Director General of Haiti’s Police leaves a room after a news conference at police headquarters in Port-au-Prince, Wednesday, July 14, 2021. Charles gave an updated on the investigation of the July 7 assassination of President Jovenel Moise. | APThe predawn attack took place at the president’s private home. He was shot to death and his wife wounded. MIAMI — For the owner of a small private security company with a history of avoiding paying debts and declaring…