Craigslist founder Craig Newmark makes $100 million cybersecurity pledge
CBSN
Craig Newmark, the founder of online classified-ads site Craigslist, thinks the U.S. has a cybersecurity problem.
The entrepreneur turned philanthropist has pledged to donate $100 million to help safeguard the country from potential future cyberattacks, the Wall Street Journal first reported. Newmark will allocate $50 million to protect infrastructure, like power grids, from cyberattacks, including from foreign nations. The other half of his donation will be put toward educating the general public about how to safeguard their personal information, according to the report.
Newmark, 71, retired from the company he founded in 2018.
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