[applause] good afternoon justice. Delighted you are here. Delighted to be here, thanks for having me. Thank you for coming especially in the first two weeks of current term that began the first monday in october. Hausa going to see her . Its good so far. We have only have six arguments and so we are on a twoweek game between our session sessions that we finished arguments last week and now will be two weeks to prepare for the next round. We are delighted that you are here for so many reasons. You grew up in new orleans at the other end of the mississippi and i think you said theres a Family Connection to the university of minnesota. Can you tell us about that . Professors spine did not know this when he invited me. I mymy brother went to du so its not my first time visiting campus. [applause] he lived in a rental house so i went and visited. Well i know you know something about the university. Id like to start asking questions by asking a question about youro undergraduate colle the d
Now they dont have that for a number of reasons. One, we dont have a good way of understanding what our losses and what are risks are. Often when we talk about the theft of competitive data we usually think about the special sauce. When cocacola was hit in 2010 so it was literature be due to the group associated with the Chinese Government. Did the bad guys go after the secret formula for cocacola . No, no one really cares about that. But we do know is that less than 10 days after the attack happened the Chinese Government rejected cocacolas bid to buy the largest soft drink bottle or in china. Now this was a kid that everyone on wall street thought would go through so we have to think about what is at risk from a very broad perspective. The challenge is actually understanding what is at risk and how to defend ourselves and that is a really big job. Because the dan balz having a holistic view of what is at stake in an organization. That has to come from the board top down and it also h