Background sounds. [background sounds] the task force will not come to order. The chair is authorized to declare recess of the committee any time that went out objection. There authorized to participate inconsistent we put the practice. Challenges and opportunities. The chair will now recognize himself performance for an opening statement. Thank you everyone for joining us today for what should be a very interesting hearing on the task force to explain the dangerous threat of Identity Theft. Ai is making it easier. How we can safeguard one of the most important things to have in our Digital Economy. That is our identities. Identity fraud is the usually important problem. In 2018 alone, almost 15 billion is estimated to have been stolen from us consumers online. If this doesnt include the more indirect future cost of having a compromise identity. Today criminals have lots of tools. They get sensitive Consumer Financial data, and there is a complicated situation that a member of Congress
Background sounds. [background sounds] the task force will not come to order. The chair is authorized to declare recess of the committee any time that went out objection. There authorized to participate inconsistent we put the practice. Challenges and opportunities. The chair will now recognize himself performance for an opening statement. Thank you everyone for joining us today for what should be a very interesting hearing on the task force to explain the dangerous threat of Identity Theft. Ai is making it easier. How we can safeguard one of the most important things to have in our Digital Economy. That is our identities. Identity fraud is the usually important problem. In 2018 alone, almost 15 billion is estimated to have been stolen from us consumers online. If this doesnt include the more indirect future cost of having a compromise identity. Today criminals have lots of tools. They get sensitive Consumer Financial data, and there is a complicated situation that a member of Congress
All right. The task force will now come toward her. Financial services, threats, challenges, and opportunities. The chair will recognize itself for four minutes for an Opening Statement, thank you everyone for joining us today for what should be a very interesting hearing of the task force to explore the j dangers of threats for ai. Ai is making it easier for criminals to religion is criminals activities and how we can safeguard one of the most important things in our account economy which is already the preventative right is an important problem in Financial Services in 2018 alone, almost 15 billion is asserted to have been stolen from consumers online. This does not include more indirect future cost of having a compromised identity. Today, criminals have lots of tools at their disposal, to get sensitive Consumer Financial data. And, there is a complicated situation a member of Congress Finds themselves in that we go to briefings like the one i have just seen from ms. Walraven. Just h
Financial services, threats, challenges, and opportunities. The chair will recognize itself for four minutes for an Opening Statement, thank you everyone for joining us today for what should be a very interesting hearing of the task force to explore the j dangers of threats for ai. Ai is making it easier for criminals to religion is criminals activities and how we can safeguard one of the most important things in our account economy which is already the preventative right is an important problem in Financial Services in 2018 alone, almost 15 billion is asserted to have been stolen from consumers online. This does not include more indirect future cost of having a compromised identity. Today, criminals have lots of tools at their disposal, to get sensitive Consumer Financial data. And, there is a complicated situation a member of Congress Finds themselves in that we go to briefings like the one i have just seen from ms. Walraven. Just how massive the problem is and the techniques that ar
He said microsoft is focused on building the next big thing, but adds that he is open to acquisition. It appears that corporations are not doing enough to fight hackers. A new survey from pricewaterhousecoopers found that the average number of security incidents at an organization was 135 over the past year alone. And 67 of the organizations responding were unable to estimate the financial losses due to the incident. Samsung is holding what it calls a major event focused on health later this hour. No new products are excited to be announced, but samsung is promising to start a new conversation about the future of health. Appleses just before worldwide developer conference next week where apple is expected to unveil a new forecast. Now to our lead story of the day , from search giant to carmaker, google is building more than 100 prototypes of the self driving car. No gasf this car has pedal, no breaks. It runs on software. Potential about the at a conference. Take a listen. The reason i