You cant live without your smartphone. Your tomatoes the supermarket. As we go about our daily lives schuman writes from the last thing on the minds. Invisible hands of slavery in the twenty First Century starting december second on g w. At. Germanys top Political Parties failed in their efforts to forge a coalition to govern europes biggest economy. All the exchange seemed to shrug off. Uncertainty well get the latest from our correspondent also londons plague of empty english Language Schools guess whos to blame and billions of billions are being invested worldwide to fight Cyber Security but is it money well spent. This is a business im crystal kober welcome. To my ancestry the general elections europes biggest economy still doesnt have a new government but the collapse Coalition Talks in parlin apparently dont have investors all too worried with germanys blue chip index dax trading only slightly lower the euro hit a two month low against the japanese yen and asian trading this morning but the common currency paired these losses later on earlier on earlier i asked our markets correspondent why the political crisis in berlin doesnt have investors more concerned. Well kristoff the fundamentals the economic fundamentals remain intact they havent been really changed due to this failure of the Coalition Talks in berlin on the contrary the efore institute of Economic Research this morning announced that it will increase its forecast for german g. D. P. Growth for Economic Growth this year to two point three percent thats four tenths of a percent higher than the previous forecast what has been reduced though here on the markets is the potential for the stock market to go for a year and drag we shouldnt forget that the german dax so far this year has gained around about twelve percent so it would need a strong positive impulse for investors to continue buying shares and of course the failure failure of the Coalition Talks in berlin is not such an impulse now lets look at the options here. We may be in for prolonged discussions possibly for a minority government possibly fresh elections that doesnt sound as the bedrock of stability that germany was long viewed as. You know it does not crist of your right and of course this morning a lot of pundits and also economic lobby groups business lobby groups come out with concerns that you know the failure of those talks might undermine the confidence in the country you know the belief that for the political system works and of course this failure means that a lot of important topics for businesses like broadband like the future of energy get postponed even more but i can only repeat myself as long as the fundamentals are ok from markets from an investors point of view this is not a very big problem yet cannot those in frankfurt thank you. With negotiations between britain and the European Union to read. Britains historic departure far behind schedule more and more businesses in the u. K. Are feeling the pinch of the looming it is britains go to exit the e. U. By march twenty ninth will see many foreign citizens leave the Country Demand for english lessons has plummeted hitting those whose business it is to get people talking. That sound marks the start of classes that ox field Language School in North West London but nowadays several seats remain empty this school is experiencing hard times its lost a third of its students since britain voted to leave the e. U. In twenty sixteen fields english classes used to be filled with students from spain and italy but the bronx it vote has made many europeans no longer feel welcome in the u. K. They feel like. Theres a second class citizenship thing happening with them you know and theyve spoken to me about it but not comfortable with it some of decided to leave for that reason. Alone three point two million foreigners living in britain are from other nations but the countrys official statistics say one hundred twenty two thousand have left since the bronx a vote thats more than any other time in the last ten years at oxford Language School theres little sympathy with the decision to break with the e. U. You need to have been. People think that bracks a decision is absolutely wrong its bad for us that our you know he said yeah and its bad for the british and i think nobody was thinking about the consequences when they were voting. On a bill that if you got there a lot of particular take on breaks it because i think the work that is actually really clumsy stupid mindless word and it kind of reflects its a good reflection of what people were thinking before they voted it was clumsy and mindless you know thoughtless. Director. Has been in business for seven years hes worked hard but attendance hasnt been so low since field first opened im not optimistic about the future of this country leaving europe i have to say but in terms of our business im optimistic because we have to find other ways to move on so although English Schools are yet another victim of britains brets it bode the hope here is that demand for the countrys still sought after language will eventually recover. We now do a grime crime that has victims all around the world french carmaker red chinese all Company Petro china or us logistics giant fed ex all of them were among the over two hundred thousand Computer Systems hit by ransomware want to cry earlier this year today the Digital Society conference or berlin is discussing how attacks like these can be prevented because even as our Everyday Technology might be highly sophisticated it often doesnt take much to be outsmarted. A bit of paint some tape some silicon and a three d. Printer vietnamese Scientists Say thats all it takes to fill the facial Recognition Software new i phone ten it may have taken the specialists a few days to devise the hack but the implication is clear. Its not easy for normal people to do and we do hear that but its still a concern to people in the Security Sector and important people like politicians or heads of corporations. Accessing the smartphones of business and political leaders through facial recognition hacks poses yet another threat to Internet Security official estimates suggest the economic damage from cyber crime already totals two hundred sixty five billion euros a year within europe alone in september European Commission president john claude younker said Cyber Attacks pose an existential threat to e. U. Members. He told the e. U. Parliament there are more dangerous to the stability of democracy and economies of guns and tanks. A crime is such a pernicious threat because it operates across National Borders dealing with it successfully requires an effort that is just as international. For some more insight im joined by hes the executive director of the European Agency for the network and Information Security order good to have you on the Program Researchers say that companies spent over seventy billion dollars on Cyber Security last year thats about a fourth of the German Federal budget still we have elections being meddled with data being stolen Computer Systems compromised hows that with all that money being spent were still falling victim to Cyber Attacks running its like every days live you have chances and risk of technologies so you have to do prevention and prevention costs money so but apparently seventy billion is not not enough that are being spent there and what we have an Emergent Technology look the internet is just fifteen twenty years old and if you look back with planes and cons you invest a lock in safety and security and this is where everyone has to look into his own business his own privacy his home and see that its secured and that its safe. What would have happened if this money hadnt been spent as and he would have seen more crime more breakdowns and other things so things are still growing security but we still have challenges now they want to try virus to take over two hundred thousand systems earlier this year demanding ransom if victims one of their computer unlocked is this the most popular form of Cyber Attacks basically freezing somebody is computer screen and demanding money its commonly something would be seized this means run somewhere as the rising but on the other hand is a lie because that crime moves from the real divided into the side of a bird in the past and use a gun to rob a bank today unit used p. C. All over the world now one of the most advanced and sophisticated attacks that youre dealing with kirk where we have in europe a good cooperation between the Member States and the european level so what we see is that we still have but now its. You saw it last year was a mere abutment which attacks us than in toronto stings but we connect everything so i think we have to seeing where we have the biggest risk analysis and you mentioned theres collaboration between european nations on Cyber Security what exactly does that look like while we have passed the Network Information security directive last year where we have more Information Exchange between the Member States in these are runs the secretary of the socalled seas Computer Emergency Response teams of the Member States that we Exchange Information so this exchange is as this as this actually prevent it some of the attacks or worse the success that you see there by the question is where as then the success and where did prevention so what you can see was cooperation you can respond to incidents better and with putting resources into it you can give really warnings on so to citizens and governments and industry and during the want to cry attack and may victims had to pay ransom in bitcoin not tell me what role does descriptor currency play when it comes to cyber crime i think a bit you can compared with lets say cash in our real life because bitcoins is an impi you can use it between you and me saying its a great successful economy or to him blast executive director of the European Agency for network and Information Security thank you so much for your visit here in the street and you have been invited. 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