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Wall Street eyes cybersecurity, with Goldman Sachs announcing $125 million investment

IStock/littlehenrabi(NEW YORK) Growing concerns over cybersecurity vulnerabilities in the United States are prompting record investments from firms to protect critical industries. FBI Director Christopher Wray said last month that intelligence officials were "concerned" about the possibility of Russian cyberattacks against critical U.S. infrastructure in the wake of Russia's war with Ukraine. "The reason we're concerned about it is not just based on our longstanding understanding of how the Russians operate, but it's actually the product of specific investigative work and surveillance work that we've been doing all together," Wray told an audience at the Detroit Economic Club in March. Wray's comments came a few weeks before Tuesday's announcement that Goldman Sachs planned to expand its reach in supply chain cybersecurity, investing $125 million in a strategic partnership with a company that serves energy, government and aerospace an ....

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