Biden admin. pledges $20B to upgrade U.S. port cybersecurity #shorts
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The Biden administration has announced it will invest $20 billion over the next 5 years to upgrade cybersecurity measures at U.S. ports. Much of the investment will go to replacing Chinese-made cranes which may be a potential threat to national security. Port of Los Angeles Executive Director Gene Seroka joined Yahoo Finance to discuss the initiatives that the Port of Los Angeles has been working on, the Biden administration’s planned investment, and enhancements for cybersecurity at ports going forward. Segment is from February 23, 2024. #yahoofinance #finance #news #youtubeshorts #youtube #shorts #shortsvideo #investingforbeginners #stockmarketnews #stockmarket #newsupdates #newstoday #biden #bidenadministration #bidenadmin #2024 #politics #politicalnews #cybersecurity #us #useconomy