U.S. to work with Big Tech, finance sector on new cybersecurity guidelines

FILE PHOTO: U.S. President Joe Biden speaks about the Colonial Pipeline outage following a cyber attack while facing reporters in the East Room at the White House in Washington, U.S., May 10, 2021. REUTERS/Kevin Lamarque/File Photo

WASHINGTON (Reuters) -The U.S. government on Wednesday said it would work with industry to hammer out new guidelines to improve the security of the technology supply chain, as President Joe Biden appealed to private sector executives to "raise the bar on cybersecurity."

At White House meetings with Biden and members of his Cabinet, executives from Big Tech, the finance industry and infrastructure companies said they would do more about the growing threat of cyber attacks to the U.S. economy.