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Biden administration eyes cybersecurity funding after attacks

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WASHINGTON (Reuters) – The Biden administration is intensifying its focus on cybersecurity spending after a wave of massive attacks, proposing new funding in the wake of the Colonial Pipeline ransomware attack this month. The amount of funding is likely to become a key issue as U.S. President Joe Biden seeks to win bipartisan support for his $2.3 trillion infrastructure plan, with Senate Republicans expected to unveil their latest counterproposal later on Tuesday. In a statement on Tuesday, the White House laid out the cyber funding in Biden’s American Jobs Plan, including $20 billion for loca…

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