Mike rogers said we havent seen the terrorist attack that we havent talked about it for 15 years now. Theres lots of reasons for that. But theres a lot of vulnerabilities, and actually have a major impact not in the u. S. But also around the world for not finishing touches for the United States and the private sector is part of that. You know, in dod my job is to worry about the big cyberattack him cyberattack, but i also worry sometimes when they do things that impact the centers of gravity for the u. S. , which is the i. T. Industry in Silicon Valley and cybersecurity we need to think a lot about that. It makes it even harder because you want to make sure you are not hurting the economy and one of the Great Centers of gravity. Okay, thank you so much eric, john and chris. We will have our next panel soon. [applause] thinks anna and thanks to the department of defense, carla and the department of defense birthday. I want to encourage weve had great comments and questions coming off tw
What we are saying is that the problem is getting worse. The problem is getting worse in part because of the scope of the attacks has gotten enormous. Companies are experiencing intrusions where 100, 200, 300, 500 servers are being compromised possibly for a small attack or possibly a large attack in terms of the amount of information taken out of the network but the scope of the machines affected is so enormous that the cost is rising into the five, 10, 20 milliondollar range just in terms of hard costs and then there can be costs that run into the hundreds of millions of dollars. So from a Corporate Governance perspective its very hard for companies in advance to prepare themselves for that level of attack. Id love to talk about as we go on a conversation about what that means for a Small Company if you are headed that way and those kinds of costs. Fill up what right now in your mind currently is the biggest problem or issue when it comes to corporate security . The biggest problem w
Phones we are caring around. It is an criticized by attorney general holder and the head of the fbi. How much did what apple and google, what they are saying they are going to do, how much did that hurt some of the work you did . Was a going too far between the balance of security and mike, you start. We want to be respectable people jobs. Move to protect privacy of individuals and mobile. Isis we give up so much information. They want to get into our content, look at information. Justiceur department of is having discussions with specific organizations. Or havee subpoena search warrants for this information . That s changed a little bit in the recent past but i am not sure where those discussions are. We look to work for the companys and how we can get the information we can gather in a National Security type of information in one of the means do that . It is back to the basic question of what is available . What are you capturing that we could get . We run into this problem before in
Of heavy weaponry beginning today. Talks between greece and its creditors have reached an impasse. The 19 nation euro zone has effectively issued an ultimatum. Greece must ask for an extension of its current Bailout Program by friday before further negotiations on its financial future can take place or face debt commitments on its own. The move raised concerns greece would have little choice but to leave the euro. The standoff is making markets nervous. Greek shares opening 4 lower. Record low inflation rate for britain as food and fuel prices plunge. Under report shows Consumer Price growth slowed to 0. 5 in december. Economists forecasted up 4 rate in january. Governor markell he says rates of oil could fall below zero in the coming months. Mark carney says rates of oil could fall below zero in the coming months. Enter hanen in south texas has block the president s orders for now. Coalition of 26 states is suing to permanently stop the president s orders. The judges move by some time
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