Craig Newmark, the founder of Craigslist, has announced that he plans to donate $100 million to improve U.S. cybersecurity. He believes that the threat from foreign governments is growing and needs to be addressed. The donation will be split into two parts. Half of the funds will be used to protect critical infrastructure, such as power grids, from cyberattacks. The other half will be used to educate people about good cybersecurity habits and how to stay safe online.
Newmark has already donated or pledged over $400 million since starting his philanthropic efforts in 2015. Cybersecurity has been a top priority for him, and he believes it’s an urgent issue that requires everyone’s attention. In fact, he thinks the threat to the United States is now a “all-hands-on-deck” situation.
Newmark, who is 71 years old, is driven by the Jewish principle of tikkun olam, which means repairing the world. He learned about this concept in Sunday school, and it inspires him to make a positive impact. His goal is to give away all of his wealth during his lifetime.