Craigslist founder Craig Newmark plans to donate $100 million to additional strengthen U.S. cybersecurity, addressing what he sees as a rising menace from overseas governments, he tells the WSJ. Half the funds will give attention to defending energy grids and different infrastructure from cyberattacks; half will likely be earmarked to teach individuals about so-called cybersecurity hygiene.
Newmark, 71, has donated or pledged over $400 million since delving into philanthropy in 2015, with cybersecurity lengthy on the prime of his record of causes. (He advised Fortune final yr that the menace to America from unhealthy actors is now an “all-hands-on deck” state of affairs.)
Newmark, who can also be targeted on a free and unbiased press and, to a lesser extent, pigeon rescue, tells the Journal his giving is impressed by the Jewish precept of tikkun olam—repairing the world—which he realized from his Sunday college lecturers. He individually advised Fortune the plan is to present away all of his wealth in his lifetime.
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