How are you . How are you . [applause] do you want to watch this program again . Visit booktv. Org to watch anything you see here online. Type the name of the book or author at the top of the page and click on the hour glass. You can share anything on facebook or twitter by clicking on the share box at the bottom of the page. All top authors and books available at booktv. Org. Good afternoon and welcome to sight and sound. I am the associate director of studies here. It is my pleasure to announce a discussion between myself and edward lucas and his book cyberphobia. It hold as great interest for the audience. One is our own personal security of your computer and bank account and other things. The second thing he deals with is the massive Security Issues involved of all that you can imagine and how cyber can affect the nations census, utilities and Security Systems of all kinds and i think we have seen many examples. Mr. Lucas is a Senior Editor at the columnist. He has a long career in
Beaming this offense to places far and wide and we have an overflow room as well because the Wilson Center is truly honored to host this event. I am welcoming some of our nearest and dearest supporters pretty thank representative jim himes of connecticut will be here or is here. I am jane harman the president and ceo of the Wilson Center. 15 years ago a disgruntled australian contractor hacked a sewage control system in queensland spilling millions of gallons of waste onto public lands it into public waters. All it took him then was a laptop and the a radio. Today our infrastructure is increasingly networked rail switches water mains power grids. Americans lives are more vulnerable than ever to digital disruption. The hacker black market has flourished. You can buy zero days for a song song. A would be cyberterrorist who arent limited in resources anymore. Its creativity. Crafting a secure internet in securing americas place in cyberspace is a huge technical and leadership challenge. I
All of us . You know like most statistics they are all over the place but by any measure there are references to 85 of Critical Infrastructure and the backbone on which we ride whether you are power plant, a financial company, whether you are a shopping center. All of that the vast majority that resides in the private sector. And local government or privatelyowned. That means that the dot gout piece or the dot. Mil that is controlling United States government is a small portion and so we are incredibly reliant for all the services we rely on that are critical in many instances to our life and sustenance whether its a hospital or Financial Bank account you are vulnerable if you are hooked up to the internet. In my brilliant introduction i referred to rails, water mains and power grids. What percentage of this is in the private sector . All of it. Did everyone hear that . Privatelyowned. Its not the federal government responsibility. It doesnt come under the control of the federal govern
Inequality. If you look at what actually happened to people, a lot of what matters, they are aftertax income and weve had substantial tax cuts in middleclass families, make tax cuts permanent that are worth thousands of dollars a year, had additional tax cuts for the areas like the itc and Child Tax Credit and on top of that you have the Affordable Care act. When you take all that into account, the policies of this administration have substantially reduced income inequality relative to what you otherwise would have had. In terms of the underlying trend in the economy i think that challenge is to with this and their dynamics, technology, education, globalization institutional changes, declining value of the minimum wage, all of those factors i think our continuing you know to create an underlying challenge to inequality and thats what were proposing all the steps we are for minimum wage to education to shaping globalization in terms are good for American Workers and the American Economy
Respond to cyberattacks, just as we do in other con texts. These are hard and very complicated issues, but im confident that working together government, industry, advocacy groups, the public, and the congress, our networks can be safer, are privacy protected and our future more secure. I look forward to tackling these threats with all of you. Thanks very much. [applause] im going ask you a few questions and then well open it to a conversation from this room and from the overflow room. I hope somebody will give me questions from outside this room. First of all, i noticed as a recovering politician your gentle pitch to congress on a bipartisan basis, and i Hope Congress is listening. It has occurred to me for years that the terrorists wont check our Party Registration before they blow us up, and this is obviously true in the cyber realm as well. The attacks on all of this infrastructure that youve listed, not just the private sector, but also the Postal Service and so forth, didnt targe