Biden's Budget Request Includes $1.3 Billion in Cybersecurity Funds

President Biden called for over $1.3 billion in cybersecurity funds as part of his proposed budget request sent to Congress, along with major investments in emerging technologies such as quantum computing and artificial intelligence. The budget proposal was submitted in the wake of two of the largest cyber espionage attacks in U.S. history, including what has become known as the SolarWinds hack, which likely involved Russian hackers and compromised at least nine federal agencies and 100 private-sector groups.