Good afternoon everybody. I would like to begin by thanking my friend the Ranking Member for helping plan and hold this hearing today and i would like to thin thank the expert witnesses on the first panels. In the interest of time we are going to dispense with Opening Statements first of all thank you for this hearing. From the department of justice fbi Homeland Security as well as a separate panel of experts to speak about the Data Security threats in the nation. The title of this hearing in my view doesnt quite capture the nature and scope of the threats. Threat. The problem is bigger than beijing and broader than anyone in the industry. The nation faces an onslaught of cybercrime to b baby internet ce can be a co Complaint Center received 170,000 complaints leading to over 3. 5 billion in losses a 20 increase since just 2018. These threats come not just from criminals but from nation states russia, china, iran and north korea particularly have sanctioned Cyber Attacks against the en
This hearing today and i would like to thin thank the expert witnesses on the first panels. In the interest of time we are going to dispense with Opening Statements first of all thank you for this hearing. From the department of justice fbi Homeland Security as well as a separate panel of experts to speak about the Data Security threats in the nation. The title of this hearing in my view doesnt quite capture the nature and scope of the threats. Threat. The problem is bigger than beijing and broader than anyone in the industry. The nation faces an onslaught of cybercrime to b baby internet ce can be a co Complaint Center received 170,000 complaints leading to over 3. 5 billion in losses a 20 increase since just 2018. These threats come not just from criminals but from nation states russia, china, iran and north korea particularly have sanctioned Cyber Attacks against the enterprises. A lot more than our personal data is at risk. That doctors caby doctors can pe hospitals and government
Subcommittee is just under an hour and a half. Good afternoon everybody. I would like to begin by thanking my friend the Ranking Member for helping plan and hold this hearing today and i would like to thin thank the expert witnesses on the first panels. In the interest of time we are going to dispense with Opening Statements first of all thank you for this hearing. From the department of justice fbi Homeland Security as well as a separate panel of experts to speak about the Data Security threats in the nation. The title of this hearing in my view doesnt quite capture the nature and scope of the threats. Threat. The problem is bigger than beijing and broader than anyone in the industry. The nation faces an onslaught of cybercrime to b baby internet ce can be a co Complaint Center received 170,000 complaints leading to over 3. 5 billion in losses a 20 increase since just 2018. These threats come not just from criminals but from nation states russia, china, iran and north korea particular
Good afternoon everybody. I would like to begin by thanking my friend the Ranking Member for helping plan and hold this hearing today and i would like to thin thank the expert witnesses on the first panels. In the interest of time we are going to dispense with Opening Statements first of all thank you for this hearing. From the department of justice fbi Homeland Security as well as a separate panel of experts to speak about the Data Security threats in the nation. The title of this hearing in my view doesnt quite capture the nature and scope of the threats. Threat. The problem is bigger than beijing and broader than anyone in the industry. The nation faces an onslaught of cybercrime to b baby internet ce can be a co Complaint Center received 170,000 complaints leading to over 3. 5 billion in losses a 20 increase since just 2018. These threats come not just from criminals but from nation states russia, china, iran and north korea particularly have sanctioned Cyber Attacks against the en