The following move to the regulatory piece, i want to make one other comments. One thing i dont want to be losses why Companies Like ours and others support the information sharing legislation. Partly because to date when we try to stop the cyberthreat it requires lawyers to analyze a variety of statutes weather is electronic communications, determining what we can do so a big aspect of the information sharing that is not talked about as much is the actual authorization component of the legislation so specifically authorization for companies to do things like monitor their networks or take action to stop the attacks or in the last panel ryan asked a question about Liability Protection if you dont act on the threat. Those are critical aspect because that would provide clear Legal Framework notwithstanding information sharing its all the more Legal Framework under which we can apply and that an cybersecurity. A lot of the reasons we support this legislation is it clears up the legal over
Just a suggestion. [ inaudible ] thank you. We have a hurricane thats usually later in the year but point taken. I want to start briefly by talking little bit about the administration the obama administrations work in this area. And, you know, a lot of this goes straight to the top here. President obama upon taking office said Cyber Threats were one of the most serious Economic National Security challenges we face as the nation. And he made confronting them a priority from the beginning of the administration. Hes renewed that pledge several times with each action taken moving this issue forward in the public consciousness. In particular most recently at the white house Cyber Security summit last month at Stanford University where the president once again renewed his commitment to keep combatting Cyber Threats as the top priority. Let me just recount things that happened locke the way too so people have understanding where we are and where we have ended up on policy issues. Four years a
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senator rob portman cosponsored the bill with you. do you have the votes to pass it? i actually think we do. there s a bipartisan movement to take this on. the interests of parents right now and social media platforms are diametrically opposed. parents want their kids doing homework. you know. you have kids. parents want their kids, if they re going to look at tv or any content, they want them to be protected from bad stuff. that s not happening right now. and what we ve seen with the platforms and this is what we asked the ceo of instagram is that they re putting more money into wooing teens to keep them on the site because it s a feeder group that gets addicted to their product. that s exactly what s happening. they see more ads and can sell more advertising. it s obvious and this includes facebook, tiktok. and we all know meta, facebook, owns instagram. so we re pushing for a privacy