Wall street watching washington today. Stocks set for a lower open. Google, the banker. The search giant reportedly planning to offer Checking Accounts next year and nikes amazon challenge, the sports wear retailer set to stop selling its clothes and shoes directly to the ecommerce giant. Wall streets going to pay close attention to events on capitol hilld chair powell will testify before the joint Economic Committee of congress and the nation will hear public testimony from house impeachment witnesses for the first time the inquiry surrounding the president s actions toward ukraine, for our purposes, jim, well see what powell says first as we expect him to say the economy is in a good place. Yesterday was a punitive moment with President Trump calling for negative rates and i think that a lot of what lets just call all of our watchers who are in the professional side of things, i think were unanimous in what was that about, thats off the reservation. I think jay powell is immune to it
Doing in regards to cyber crime. Morally obligated to start out by saying i know im the last person between you and lunch and i will keep that in mind. I have 15 minutes, give or take for comments and a some time for q and a. I will hold up my side of the bargain and you have to hold of yours. Here we go. I will focus on four things. The current overall cyber threat, how see this threat impacting the Automotive Industry, what the fbi is doing to prevent and respond to cyberattacks and lastly, the importance of publicprivate sector collaboration and what do you or the industry can expect from the fbi if you suffer a breach or the victim of in a cap. With a little story. Everybody local a story about a meeting i went to in march of this year and it was with intel corporation. After this meeting was a commercial Futurist Panel and there were three individuals on the particular panel. One was Marc Andreessen from injuries and horowitz and peter getz. And jim all very successful in prominen
We are far from us age where this is normalized and far from a stage where everyone is comfortable. What we end up doing is saying, if your paradigm is to require background checks or Proof Positive identification, we can provide that. Nine times out of 10 what happens is the customer comes back and says, we get it. That helped us get started but it limited the pool. Now that we understand how this works, we are going to start to relax those things. It is a complicated subject. What it comes down to, optimizing for the level of trust whichever vendor it is. Whether required to get the thing going. That is the important piece. Dan does the Bug Bounty Program only focus on systems related to risks . Only system risk . Business Operational Risk . Marten that is a great question. We make sure anybody can submit vulnerabilities and anybody can receive them. Customers get Additional Services where we go in and write long reports with recommendations. We go as deep as they like to go. We want
Good question. I would say, i dont see threats. Whatever it is i have to do. He said one of the top threats to your candidacy . Who knows. You are in a crazy world of politics. People change their minds. Im going to make America Great again. Nobody else will do that again. Im going to do it. Im going to make it, in my opinion, better than ever before. I think thats awfully tough to compete with. One of the reasons that in my book, actually put financials in there, i show some of the developments and i have many, many more because you can only, at Simon Schuster schuster they kept me 28 or nine pages but i show some of the great developments i have done that our soul successful and incredible and financially good, i show my Financial Statement from about two years ago. Now its even better but we didnt have it certified yet. I do that, not in a ragged oceans way, but i do that because thats the kind of thinking our country needs right right now. We are run by people who are incompetent.
Communicating that to create uncertainty. So we develop a new railgun, laser, Electronic Warfare system that will offer promise. We build a few. We could take it and turn around and use it for our own purposes by creating uncertainty in the minds of potential enemies. Between their communication strategy and their model fields operation super example before they launched the operation they had preset hashtags ready to go we dont have that kind of cohesion between our Strategic Communications and our bottom field operations. Thank you all in thank you mr. Chairman. Thank you mr. Chairman. Doctors singer earlier you said the per unit cost is i would like to open it up to the entire panel and ask what can we do about cutting . Work you may do less quite a lot of times we talk about where we can do more. Id like your opinions on where we can do less with regards to research, training. But only need in the future . Dr. Singer. I think you have heard many great ideas and how we will be able