[inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to ord order. [inaudible conversations] [inaudible conversations] [inaudible conversations] without objection the chair is authorized to declare recess of the committee at any time. This hearing is entitled an examination of facebook and its impact on the Financial Services and housing sectors. I now recognize myself for five minutes to give an Opening Statement. Today we are here to examine the act of facebook on the Financial Services and housing sectors. Our sole witnesses the facebook chairman and ceo, Mark Zuckerberg. Facebooks plan to create a Digital Currency, libra, and a digital wallet raised many concerns relating to privacy, trading risks, discrimination, opportunities for diverse owned financial firms, National Security, Monetary Policy and the stability of the Global Financial system i and other democrats have called for a moratorium on facebooks
To share when shopping online and we just go along with it the internet and privacy gimme your data our topic today on mate welcome when we use social media and Online Services like banking and shopping we reveal all kinds of information about ourselves the problem is crooks can steal it and then use it to hamas all the people around us and Companies Face the same dangerous now youd think that every firm nowadays would be prepared to fight off hackers but many arent and thats where specialists come in i. T. Giant i. B. M. Has set out to teach managers what to do in an emergency and are reportedly took part in a Training Session simulating a large scale cyber attack. In this specially equipped truck they simulate every companys worst nightmare. Today im playing a scene of a company that is facing a lot of problems because its being attacked from the internet. The other journalists here are playing Department Heads at his company a major Bank Alexandra cruz is a Cyber Security expert at
A 2 thirds majority so we didnt get a selection of why should he be dead because this is the band voters johnson who said he would die why should he be dead because this is the band voters johnson who said he would die in a ditch rather than accept an extension to leave the 34 hours in a ditch rather than accept an extension to leave the 31st from the European Union but today he wrote a letter to the European Union from the European Union but today he wrote a letter to the European Union accepting that extension so weve overcome somebody who said he would die in a ditch accepting that extension so weve overcome somebody who said he would die in a ditch actually very much alive and front of the house of commons trying to get a general election though hes actually very much alive and front of the house of commons trying to get a general election though he failed for the farm tonight but its likely and this is breaking news. Failed for the 3rd time tonight but its likely and this is break
Leaders agreed in principle to extending the deadline to that they will not leave this week as the e. U. Leaders agreed in principle to extending the deadline to the 31st of january 2020. President donald tusk calls it a flex tender the 1st of january 2020. President donald tusk calls it a flex tension which means that the u. K. Can still leave before the new deadline if a deal were to mention which means that the u. K. Can still leave before the new deadline if a deal were to be approved by Parliament Despite Prime Minister Boris Johnsons assurances that they would be approved by Parliament Despite Prime Minister Boris Johnsons assurances that they would leave with or without a deal this thursday a wall known as the ben added leave with or without a deal could this day a wall known as the ben act require the Prime Minister to accept any extension offer from brussels the Prime Minister to the extent to any extent as offered from brussels with the extension as a back to. Within the last
And Online Services like banking and shopping we reveal all kinds of information about ourselves the problem is crooks can steal it and then use it to hamas all the people around us and Companies Face the same dangerous now youd think that every 5 nowadays would be prepared to fight off hackers but many arent and thats what specialists come in i. T. Giant i. B. M. Has set out to teach managers what to do in an emergency and reportedly took part in a Training Session simulating a large scale cyber attack. In this special equipped truck of a simulated every companys worst nightmare. Today im playing a sea of a company that is facing a lot of problems because its being attacked from the internet. The other journalists here are playing Department Heads at his company a major Bank Alexandra croon is a Cyber Security expert at i. B. M. I mean think you have an open office was. Packers have taken control of a cash machine. Where is the idea of. Ok they get their money as soon as possible the