Well, good morning, and thanks for coming out early on a monday morning. And thank you to joel for that lovely introduction. It is a real pleasure and an honor to open this conference, nato at 75, charting a new course that im very much looking for to your questions in the few minutes. For threequarters of a century nato has been a cornerstone of International Peace and security, United Nations in a collective commitment to mutual defense, and to our shared values. Natos Success Story really is remarkable, and its one that was by no means preordained. The fact that in 2024, 75 years after it was founded, the alliance is bigger, stronger, and more united speaks to the alliances adaptability. It speaks to natos resilience. But it also speaks to the commitment and the courage of millions of soldiers, sailors, aviators and operate together under the nato umbrella. But i think it also speaks to the attractiveness of natos core values, democracy, individual liberty, and the rule of law. Now,
Well, good morning, and thanks for coming out early on a monday morning. And thank you to joel for that lovely introduction. It is a real pleasure and an honor to open this conference, nato at 75, charting a new course that im very much looking for to your questions in the few minutes. For threequarters of a century nato has been a cornerstone of International Peace and security, United Nations in a collective commitment to mutual defense, and to our shared values. Natos Success Story really is remarkable, and its one that was by no means preordained. The fact that in 2024, 75 years after it was founded, the alliance is bigger, stronger, and more united speaks to the alliances adaptability. It speaks to natos resilience. But it also speaks to the commitment and the courage of millions of soldiers, sailors, aviators and operate together under the nato umbrella. But i think it also speaks to the attractiveness of natos core values, democracy, individual liberty, and the rule of law. Now,
Program. s Data Security executives testify on protecting consumers data against unauthorized access. Youre watching live coverage. Obviously Artificial Intelligence has the lions share publicity but thats nowhere near the limit. Businesses collect or process data ranging from personally identifiable information, name, address, likenesses. Obviously Sensitive Data, browsing history. The threat to consumers data that Companies Face is complex and daunting. As Companies Collect more data they become more attractive targets for data breaches. And by that i mean criminal activity. Each breach caused Company Nearly 4. 2 per incident. How many more consumers need to be a victim of Identity Theft to take action. How longer should we allow data to be sold for profit on the dark web . Will cyber criminals be stopped or deterred from praying on our data . These breaches hurt Small Businesses, large corporations and everything in between. And 2023 alone there were 3205 breaches in the u. S. Those
[inaudible conversations] welcome to the subcommittee on Consumer Protection, product safety and Data Security. Will come to order. I apologize for the bit of late. Senator blackburn was here quickly. She is en route. Were at a Pivotal Moment in the age of technology that rely on increasing massive consumer data. Obviously, Artificial Intelligence has gotten the lions share of publicity but thats nowhere near the limit. Businesses collect or process data ranging from personally identifiable information, name, address, likeness, as they say in college these days. Obviously, Sensitive Data like physical locations and browsing history. The threats to consumers data that Companies Face is complex and, in almost every way, daunting. As Companies Collect more data, they become more attractive targets for data breaches. And, by that i mean criminal activity. Each breach costs Companies Nearly 4. 2 million per incident. And consumers shoulder the financial burden and reputational harm of each
Coverage of government. Taking you where the policies are debated and decided. All with the support of americas cable companies. Cspan, 45 years and counting. Powered by cable. Data security executives testified before a Senate Commerce subcommittee on protecting consumer data against unauthorized access. They offered recommendations such as stronger Authentication Methods and the establishment of a federal Privacy Protection standard. This is about 90 minutes. Welcome to the subcommittee on Consumer Protection and security. We will come to order. Senator blackburn is en route. Were at a Pivotal Moment in the age of technology that rely on amounts of consumer data. Artificial intelligence has got then lions share of publicity but thats nowhere near the limit. Businesses collect or process data ranging from personally identifiable information, name, address, likeness, as they say these days. Obviously Sensitive Data, browsing history. The threats to consumers data that Companies Face is