what is the cyberattack and how will it be manifested? what is the impact?e book multiple types of economic attacks. a cyberattack like at target where 40 million credit cards are stolen intended to crash the new york stock exchange with the flash crash or the syrian electronics are be when they did that just by a tacking the twitter freed. lou: what can individual investors do to protect themselves because the money is in a virtual world of the world wide web. >> no question. what we need to do because the government is not, keep incredible records, a diversified broadly, don't have everything in the u.s. dollar thats subject to attack as well. back up everything. nobody gets stock certificates out in the more they are in trust but if you leave them there have excellent records to prove what you own. lou: with that we still have the issue as we watch institutions of the attack all that information is flowing she knelt there under the control of the bad guys. why will the government to react? is itbeyond their capacity? we but they're overwhelmed. has reacte

relationships with foreign intelligence services have expanded in our capacity to repel cyberattackshave been strengthened. taken together, these efforts have prevented multiple attacks and saved innocent lives. not just here in the united states but around the globe. yet, in our rush to respond to a very real and novel set of threats, the risk of government overreach, the possibility that we lose some of our core liberties in pursuit of security also become more pronounced. we saw in the immediate aftermath of 9/11, our government engaged in enhanced interrogation techniques that contradicted our values. >> as a senator, i was critical of several practices, such as warrantless wiretaps. all too often, new authorities were instituted without adequate public debate. the right combination of action by the courts, increased congressional oversight and adjustments by the previous administration, some of the worst excesses that emerged after 9/11 were curbed by the time i took office. but a variety of factors have continued to complicate america's efforts to both defend our nation and uph

here at home, we'll keep strengthening our defenses and combat new threats like cyberattacks. as we reform our defense budget, we will have to keep faith with our men and women in uniform and invest in the capabilities they need to succeed in future issions. we have to remain vigilant. i strongly believe our leadership and our security cannot depend on our outstanding military alone. as commander in chief, i have used force when needed to protect the american people and i will never hesitate to do so as long as i hold this office. but i will not send our troops into harm's way unless it is truly necessary, nor will i allow our sons and daughters to be mired in open-ended conflicts. we must fight the battles that need to be fought, not those that terrorists prefer from us, large-scale deployments that drain our strength and may ultimately feed extremists. so even as we actively and aggressively pursue terrorist networks through more targeted efforts and by building the capacity of our foreign partners, america must move off a permanent war footing. that's why i've imposed limit

so governor, i wonder what these cyberattacks that we have seen those are major that are major and thosehat are minor by comparison. they are setting the stage so what do you think? >> there are a lot of tabletop exercises and you can imagine this and you hate to see identity theft and that is very mexican. but what if someone was able to shut down a power plant or the power grid or control lock and dam system. neil: as much as the first world trade center would view this as a failure, we know later on it will set the stage for something far more horrible. previews for that?eing now are >> one category is commercial espionage and eight sponsored entities and malice towards the united states or others that would like these cyberattacks to do damage. i do believe that we are only at the very beginning of what is going to be a long contest of cyberdominance and control to have cyberdestruction and that is why it is so important that the senate passed legislation to try to improve our lives and upgrade our laws in this regard and to do it as best as they can because the defense is up. neil:

how hard or easy is it to obscure or indeed to forge the origin of a cyberattack lacks. >> from whom? it depends on who you are trying to fool. if you are trying to fool your basic person fairly easy. if you're trying to fool a national intelligence organization you not only have to use technical but you also have to have perfect operational security. so you have to remember that among the defenses that countries have its not just let me look at this packet and try to use technical forensics. it's let me see as they been in eavesdropping on satellite invoke calls what if they talking about? you also have to narrow it down further to who wants to attack you without you knowing it was them which is also a smaller set of people. so, it depends on what kind of attack you are worried about and what kind of resources. if you're trying to will your local police department about who is sending all the money in a bank account to kazakhstan, pretty straightforward. if you're trying to fool the federal government into a false operation needs the do it a lot more carefully and it's much much hard

some people saying it's a massive cyberattack and what played out in the chinese media and the chinese foreign ministry basically said, we were attacked. however, other experts are saying it appears as if the chinese government was trying to block a website but instead rerouted traffic to all -- to that particular website. >> every incredible source is saying it wasn't hackers attacking china but quite the opposite, it was china trying to use its sensorship tools to keep certain sites away and made mistakes in that process and rerouted traffic to places they didn't want the traffic to go at all and crashed the internet for the entire country. it's showing a great risk chinese businesses are facing, that the chinese government is inflicting on its own country and own economy by erecting this great chinese firewall. >> on that note i want to bring in a couple experts, jordan robertson who covers cybersecurity for us here at bloomberg news as well as mr. chang covering the collapse of china. you lived in hong kong for almost two decades and i lived there several years. what's your take on

an experts say that computers can be used to launch cyberattacks. there's no evidence any machines within this country were altered. that as the senate has been talking about spying and whether the agency's programs have prevented any terror attacks, members of a white house committee went before the judiciary committee making their art that the nsa needs to be reformed. and many of the senators agreed. >> this phone record program is not uniquely valuable enough to justify a massive intrusion on americans' privacy. >> president obama set to make a decision about the future of the nsa's spying programs by friday. >>> meanwhile, the nsa leaker edward snowden is being called a hero this morning. and he has a new job, sort of. taking up a new role as a member of the board in the freedom of the press foundation. that group was founded by daniel elsberg who famously leaked the pentagon papers during the vietnam war. elsberg said snowden is not a traitor and has done more for the u.s. constitution than anyone he knows. >>> the deadline is today for more a

interesting stuff about the cyberattacks where they bring the latest developments as they come in.: thanks. lori: time to make money with charles payne, here to discuss the message and earnings and the way some companies are showing promise that putting their money to work. charles: it is not just that they are showing promise but also giving a syndication of what 2014 could be with respect to the u.s. economy. arkansas is a regional trucking company reporting today,,what caught my eye is the change in tax spending, what they spend for more trucks. you don't do the spending they are talking about unless you expect huge increases in demand. i have got a chart to show you. look at this plate. 2,011, $77 million, the next year $69 million, dropped to $24 million, up 400% they sit in their earnings, they are expecting huge things. this is completely what we have been seeing from the rails and what we are hearing from others. whirlpool is in international play. they say next year europe may be flat, latin america will be flat, asian america may be flat to down, u.s. may be up 7%. we are

because it is right but because the challenges posed by threats like terrorism and proliferation and cyberattacks are not going away any time soon. they are going to continue to be a major problem. and for our intelligence community to be effective over the long haul we must maintain the trust of the american people and people around the world. this effort will not be completed overnight. and given the pace of technological change, we shouldn't expect this to be the last time america has this debate. but i want the american people to know that the work has begun. over the last six months i created an outside review group on intelligence and communications technologies to make work of reform. you've listened to foreign partners, privacy advocates and industry leaders. my administration has spent countless hours considering how to approach spellings in this era of diffuse threats and technological revolution. so before outlining specific changes that i've ordered let me make a few broads observations that have emerged from this process. first: everyone who has looked at these problems, including sk

s e-mail service was recently hit by a cyberattack, affecting an undisclosed numbers of octobers.y're prompting users to reset passwords. user names and passwords were likely stole fn from a third pay database. nadella runs microsoft cloud business. reports say bill gates may step down as chairman. meanwhile, the state department is reportedly close to issuing an environmental review on the keystone xl pipeline, which may show the project won't raise carbon emissions. president obama delayed approving the pipeline which would carry oil from canada to nebraska. richard, back to you. >> all right, thank you so much, morgan. >>> sports is next. we'll tell you how the broncos and seahawks are getting ready for the big day. >>> plus, a rundown of sunday's predictions from the animal kingdom. >>> and more super bowl antics from supermodel kate upton. ♪ ♪ [ girl ] roses are red. violets are blue. splenda® is sweet. and so are you. [ female announcer ] just about anywhere you use sugar, you can use splenda® no calorie sweetener. ♪ splenda® lets you experience the joy of sugar without all

because it is right but because the challenges posed by threats like terrorism and proliferation and cyberattacks are not going away any time soon. they are going to continue to be a major problem. and for our intelligence community to be effective over the long haul

confirmed this weekend that card information of some of their customers may have been stolen in a cyberattack. those close to the investigation say fewer than 1 million cards were compromised, compared to 40 to 70 million target customers in the hack after black friday. >>> gm's incoming ceo is making a splash in her first appearance after taking the job. mary barra rolled out the new gmc canyon pickup at the detroit auto show. however mobbed by reporters, she delivered apparently scripted answers to a variety of questions and no comments on some serious issues. >>> and an issue for consumers is the sky-rocketing price of beef. the wholesale price of choice grade u.s. beef has set a new record thanks to last week's historic winter storm slowing the number of cattle coming to market. the u.s. cattle herd is the smallest in 60 years. >>> all right, rushing to the global market is an influx of papal merchandise. proep francis shaking things up with his recent attacks on capitalism and a fresh appeal for the poor has sparked a boom in sales of pope-themed items such as onesies, hoodies, or cuff l

they were stolen in a coordinated cyberattack. yahoo! didn't say how many of its nearly 300 million accounts were affected. it is the world's second biggest e-mail provider. >>> the world's largest restaurant chain is hoping coffee will give it a sales jolt. an internal memo calls on franchises to deliver a great cup of coffee after admitting that starbucks is winning the coffee wars. the burger chain wants to act fast as coffee and snack sales are set to outpace fast food sales this year. >>> olive garden is so eager to boost its sales it will pay for your baby-sitter. next week they can drop off their kids and after dinner show their receipt and get back their deposits and presumably their kids too. >> let's hope. >>> now we're talking about all fast food, things like that, let's not forget burger king. it is testing a chicken and waffle sandwich. check it out. it is a chicken patty between two waffles. >> sounds like a plan. spotted first at a pennsylvania burger king. the company says it's testing the sandwich in some regions but it'

that the nsa get some additional supervision when they're looking at weaknesses of software to do cyberattacksn other countries. on those the president still said that. >> schieffer: you've been covering president obama for a long time s. this a different president obama than the obama who came to office talking pretty critical. >> he was. that's what people remember when they think about barack obama who ran he was critical of the bush warrantless wiretaps, for example. a speech said -- fact that when he's been in office, he actually has been more open, for example, he voted to reauthorize the patriot act. he's been open to things like this kind of surveillance. the thing that we see time and again he really does approach these things like a lawyer. he can get to the point where he's comfortable with programs like this but he wants to run it through his process, see rules and checks and balances and he wants to do public ex plaintiff makes. >> schieffer: you had really interesting column you talked about the two kinds of loyalty. talking about bob gates and then talking about this whole issue

to keep an eye on the chinese army, the russian military, drug cartels and potential cyberattackers. the nsa claims the technology has not been used here in the u.s. >>> some businesses in downtown charleston, west virginia, have re-opened, deemed safe after a chemical leak tainted the city's water supply, but more than 60% of residents are still not able to use their taps. schools in the four counties affected by the contamination will be closed again today, and downstream 250 miles away in cincinnati, officials have shut down two river intake valves until the toxin flows by. >>> a federal judge in oklahoma has ruled that the state's ban of same-sex marriage is unconstitutional, but same-sex couples won't be able to get married until the appeals process is exhausted. oklahoma's governor argues that the ruling ignores the will of the people who approved the ban by a 3-1 margin. utah is too on hold to allow appeals. >>> a bit of deja vu for president obama. welcoming nba champs, the miami heat, to the white house for the second straight year. >> the president praised the team for its

we are an open target when it comes to cyberattacks?of people stealing intellectual property, stealing our money, stealing our identities, no one at this point has a vested interest in collapsing the system because we are all tied together. that doesn't mean no one will ever do that. doesn't mean they are not putting things in place so that they could do it in the future and in answer to your question about are we doing it we may be looking at other currencies and things but we are not stealing other people's intellectual property mostly because all the good stuff is on our systems. cheryl: if you look at where we are in the world today, one of the ten financial exchanges, don't have any protections in place, is that how a terrorist group or a nation that wants to see the dollar fall like china, like russia, is that how they infiltrated the u.s. economic system like our exchanges? >> our exchanges are one way and in fact there is some movie out there based on the tom clancy character that shows that but the reality is we are so intercon

people don't realize, we are under constant cyberattack from all over the world. the nuclear -- the national nuclear administration, which oversees our nuclear facilities, gets ten million cyberattacks a day. how do you defend against that? you have to allow the nsa to get into those systems. we live in the cyber world. we want to be protected but that freedom doesn't come free. to protect all of those systems, you have to allow the government into those systems. of course with constraints, of course by the rule of law. but, you know, you don't get liberty for free. >> fareed zakaria, gps, airs sunday mornings here at 10:00 a.m. and also at 1:00 p.m. fareed, thanks for the excellent work. >> pleasure, wolf. >>> look at this. we're following some breaking news. this just coming in to "the situation room." a catastrophic scene. we want to show you these life aerial pictures we're just getting in of a major car crash in lake county indiana. multiple, multiple vehicles are involved. look at those trucks and the other vehicles. the weather is severe. only 11 degrees wi

bombshell announcing 110 million customers may have had their personal information stolen during the cyberattack at the height of the holiday shopping season. three times the original estimate which was about 40 million. target also reveals additional type of info includes names, e-mail addresses and addresses. the stock is off $0.72 are just over 1%. one milestone for the chinese economy new figures released show it is now the biggest trader of goods overtaking the west part of the imports and exports totaled nearly 4.2 trillion dollars last year a figure to certainly surpass the figure released next month. last year it amounted to just under 3.6 trillion so there is little likelihood the final tally will be higher in china. on wal street does stocks finished lat on the dismal jobs report. the dow lost eight points yesterday gained five the nasdaq up 18. the dow posted a of a slight loss for the second consecutive week while the others had alight weekly game for good joining me now to assess the jobs report in market reaction we have from as in the capital of our analyst strategist. we were exp

people will refuseth technology they don't trust.d there is some irony when they look at these cyberattacksthe country. and just how expensive is itw truly is a report of these big yearscy s spying on those oy line gamers' including parole the four kraftn . the outrage. obamacare architect ezekiel emanuel says young people have just signed up because the of frustration has not sufficiently promoted it. s might next guest says he could not write a biggert piece of fiction in them the narrative.na we are joined by conservative author whose latest book hit in quarter. i will just constrain myself in turn the floor over to you. easy keel a manual says obama said deal just means pay up. >> what does he tell us? obamacare works if you are rich in you can have a choice is. certain high end hospitals are dropped off the plans so you don't have access to the doctor you want or the best health care system you can have on us you are rich which comes from the hard-core progressive. >> for example sloan-kettering, cedars-sinai , tthese hospitals would be excluded? this is tough now free findt out they a

and there is some irony in this statement when we look atall of the cyberattacks on technology aroundd a new report about just how extensive the national security agency spying really is. they reportedly spent years spying on online gamers, including those playing world of warcraft. on xbox live. the outrage. obamacare architect ezekiel emanuel said young people haven't signed up for coverage because the obama administration hasn't sufficiently promoted it. my next guest says that he could not rate a greater piece of fiction in the obamacare narrative. we are joined by best-selling conservative author brd the thor. his latest book is called hidden order and it's great to have you with us. >> what it is saying is that obamacare works if you are rich. you will have access to the health care system unless you're rich, which is the bottom line, which is a stunner coming from this. lou: the idea of that cedars-sinai in los angeles, but these hospitals would be -- this is just such tough stuff. and some premiums are lower than anticipated, which means we don't understand how highly expected

one company who can predict a massive cyberattack and what can be done.you. we are continuing with a look at the best gizmos for your house. 7 million investors... gerri: gerri: a highly skilled c. kevin, neill holley's on line one. ok, great. [ male announcer ] and we do. it's how edward jones makes sense of investing. legs, for crossing. feet...splashing. better things than the joint pain and swelling of moderate to severe rheumatoid arthritis. if you're trying to ma, now may be time to ask about xeljanz. xeljz (tofacitinib) is a small pill, not an injection or infusion, for adults with moderate to severe ra for whom methotrexate did not work well. xeljanz can lower your ability to fight infections, including tuberculosis. seris, sometimes fatal infections and cancers have happened in patients taking xeljanz. don't start xeljanz f you have any infection, unless ok with your doctor. tears in the stoach or intestines, low bod cell counts and higher ver tes and cholesterol levels have happened. your doctor should perform blood tts before you start and whil

we are learning more american retailers have been struck by a cyberattack. three u.s.rs associated with outlet malls had their debit and credit card information compromised. the breeches are smaller than that that hit far get last month where 110 million customers were affected. here is the best way to protect yourself. check your credit report. monitor your bank statement for illegal activity and report any unusual charges you find. >>> new at 11:00, two southwest airline pilots face tough questions after landing at the wrong airport in missouri. the boeing 737 touched down safely about seven miles from where it was supposed to land in branson. the f.a.a. is leading the fecial fecial -- the investigation. >>> six astronauts on the international spacestation are finally celebrating christmas. a supply capsule arrived carrying christmas presents and 3,000 pounds of groceries. the presents were supposed to arrive last month, but the trip was put on hold while the astronauts tackled a cooling system problem. >>> we don't have a cooling problem at heys. problem here. leigh

we are learning more american retailers have been struck by a cyberattack. three u.s. retailers associated with outlet malls had their debit and credit card information compromised. the breeches are smaller than that that hit far get last month where 110 million customers were affected. here is the best way to protect yourself. check your credit report. monitor your bank statement for illegal activity and report any unusual charges you find. >>> new at 11:00, two southwest airline pilots face tough questions after landing at the wrong airport in missouri. the boeing 737 touched down safely about seven miles from where it was supposed to land in branson. the f.a.a. is leading the fecial fecial -- the investigation. >>> six astronauts on the international spacestation are finally celebrating christmas. a supply capsule arrived carrying christmas presents and 3,000 pounds of groceries. the presents were supposed to arrive last month, but the trip was put on hold while the astronauts tackled a cooling system problem. >> cooling have a cooling problem at heys. problem here.

russia is the number one source for some of these cyberattacks and cyberhackers. >> off the shelf hardwareoftware? >> in stores, online that you and i would never see that are available to the hackers. they find this stuff. that stuff was online since the beginning of last year at the cost of $2,000. think of the millions millions d millions that stores and banks and consumers lose. >> how do we protect ourself? >> we found your information changes hands some 12 times in a routine credit card transsection. >> 12 times? >> so first, don't use a credit card. use cash. the deb -- debit card does not have the protections, and check your account. and an expert says check it daily, and that's a lot to do. i think people should have fewer cars, check and make sure nobody is using them right now. >> amex, visa, debit card. that's all you've need. >> you can do with less. >> if you need to rent a card you need a a credit card. >> at least one. i it's not a bad thing to have a credit card or use a credit card. just do ill intelligently. >> good thing to pay it off. >> every month. >> facebook's days

software allows for monitoring those machines and the creation of a new digital pathway to launch cyberattacks on others. it works even if computers are not connected to the internet by using a covert channel of radio frequencies. since 2008rget include the chinese and russian military, mexican police and drug cartels, european union trade institutions, and u.s. allies including saudi arabia, india, and pakistan. the latest is comes amidst reports talks between the u.s. and germany on aagreement are near collapse. tensions peaked between the two countries last year after documents leaked by edward snowden showed u.s. surveillance and german citizens and officials, including chancellor angela merkel. a german newspaper reports the negotiations are but -- are at a dead end over u.s. refusal to guarantee an end to spying on german politicians. germany denies the claim and says the talks are ongoing. a federal appeals court has struck down federal rules promoting equal access to the internet. the telecom giant verizon had regulations on net neutrality that forced internet providers to provide all

. >>> cyberattacks, target and snapchat two of the recent victims.inger, here to talk to us about it. he's the author of "cybersecurity and cyberwar: what everyone needs to know." in the book you say 97% of fortune 500 companies have been attacked and you think the other 3 have been attacked. >> or just don't know it or willing to admit to it. this is a massive issue when you're talking about cyberattacks out there. we have to disentangle what we mean from signer atacks. we have the nuisance style to defacing of the websites, getting into your services or stealing information. >> tell us what we don't know. some companies have come out and told us about horrible things. target obviously had to. are there any examples of things that haven't been revealed to the public yet inside a company? you talked to different people that would really make you anxious in a different way than we already are about this issue. >> the thing that makes me anxious rather than the scary stories of some attack of everything from defense companies losing designs of their je

of top priorities and still concerned about the threat of a major terrorist attack as well as a cyberattackon the united states and the situation with iran is hardly resolved and there is an interim agreement that might unravel and lead to a reduction of tensions with iran. this is including the likelihood of increased violence due to the drawdown of u.s. forces in general and the uncertainty about what will happen post- post-2014. pakistan is considered unstable to most experts in terms of an internal situation and we haven't mentioned some encouraging signs, but overall people were unconvinced about the long-term stability of pakistan. i would say perhaps the leading focus of concern wisteria and this was last year's number one prevented priority and we can demonstrate how this offers to the community as he sought and we clicked on the symbol there and you have a sense of what is available and there is a portion on the left-hand side that also gives you an update and it's a crisis alert that we are calling it. but if you just scroll down a little further you will see that barry is the lat

in a pew poll more americans fear a cyberattack more than they do iranian or north korean weapons. how realistic are those fears? do we really face a cybercat aclix, a cyberpearl harbor? >> there is a real threat out there but the problem is we have lumped together so many different things aall because they involve computers. so when people talk about attacks they are talking about everything from credit card theft and fraud to political protests online, trying to disrupt communication, to intellectual property thefts, stealing secrets to the fictionalized scenario of a cyber911 or cyberpearl harbor. that handy happened. we are lumping together a lot of these things. talking about a bunch of protestors with a smoke bomb, teenagers with fire crackers, james bond, and russia with a cruise missile, saying they are all the same thing because they involve the chemistry of gunpowder. what it comes down is understanding these issues, disaggregating the threats, understanding thunderstanding t, what's likely what's figural. unfortunately the discourse hasn't done a good job of that. >> let

ignores the panel's call to stop undermining commercial software in order to launch surveillance or cyberattacksobama accepted a proposal to establish a panel of privacy advocates to appear before the foreign intelligence surveillance court, but only in special cases. responding to obama's speech, jesselyn radack, an advisor to edward snowden and former justice department lawyer, criticized obama for leaving the bulk collection of metadata intact. >> i am happy that the government will no longer be housing people's records, but that begs the question of why the government should be storing anybody's records at all, and a lot of people might mistake the storing issue for the government not collecting, and the bulk metadata collection program remains intact. it continues. it, are going to transition but that does not really tell us anything, if they are going to overhaul it in some kind of fashion -- we have no idea. the point is they are still metadata onass hundreds of thousands of innocent americans. >> as obama unveiled reforms prompted by edward snowden's disclosures, snowden himself faced ne

the cyberattack may have gathered more information than originalled reported, names, e-mailing addresses, phone numbers. >>> the labor department for december 2013 was a disappointing one. unemployment fell to 7.7% because many americans have stopped looking for work. >>> health officials are warning people not to bathe, drink or cook tap water. chemical leaked from a fact in west virginia's capitol. 300,000 people across the state are affected. >>> the u.s. government has issued a warning for all americans attending the olympic games in russia next month. they warned that health facilities are untested and there are we're joined by lisa stark. what propertied this alert? >> reporter: it's not unusual for the state department to issue alerts like this for the olympics, they've done it before, but this alert is extensive. they have no indication of specific threats against americans but they urge americans to remain attentive regarding personal security at all times. there is a lot of unrest. three terrorist bombings against public transportation since mid-october, 30 people have died, an

hackers are carrying out cyberattacks every day. stores and their customers are at risk. the hacking of target customer data made headlines and other retailers are hit and now we are learning that the threat is much bigger. mark schneider reports. >> it is looking more like target and neiman's aren't the only retailers hackers are going after. at least single broaches at u.s. merchants that have not been named. the firm says it's the same type of software that was used to steal millions of customers information from target. >> atm cash, that's it i can't do it no other way. >> you have a debit card but -- >> i don't trust it. people can walk by a can scanner and get your information. i don't do that anymore. >> i-sight partners said it started seeing malicious code, sends out stolen information and then deletes the files. but the firm won't say if that malicious software specifically affected target, neiman's or other retailers. working with the cybersecurity firms say they are looking to, quote, characterize data breach information. they put out a report to retailers on

. >> cyberattacks, these are issues we ought to take seriously, and that starts with the problesidentrunk and pretty with the number of hair care products. >> now because of what happened recently in obamacare, more businesses have the incentive to have people working 30 hours a week instead of 40 hours a week. >> we'll have time to talk. you get a snack at home, and maybe something to drink. >> then from up north, how is it the toronto mayor has a higher approval rating than our president? >> the man leaving the capitol now could learn a few things from him. ♪ lets get together and feel all right ♪ >> matters of personal behavior, the mayor could learn from the president. >> pat buchanan. >> they said he would be in your face, but he didn't sound that way. he sounded friendly. look, we can't have work rules that came out of a "mad men" episode. and i break out laughing. >> pat roberts, hillary clinton the other day, senator, saying, and i'm paraphrasing here, her biggest regret. >> i don't mean to be too cute, but what difference does it make. >> what difference at this point does it

. >> we can not prevent terrorist attacks or cyberattacks without some capability to penetrate digital communications. whether it's to intercept malware that targets a change or to make sure that control systems are not compromised or to ensure that hackers do not empty your bank accounts. >> now, we got some statements here from a couple of technology companies as well. interestingly, yahoo! and google both put out identical word for word statements. the commitments outlined by president obama represent positive progress on key issues and fisa court reform. what they like here, larry, is the fact that they are going to be able to disclose a little bit more to their customers about what it is that u.s. intelligence is asking those companies to turn over. the question is how much more? we don't have a lot of detail on that and whether or not these companies will agree to take a hold of this massive database of what they call metadata. that is all being determined. the president asked the attorney general and director of national intelligence about how to do this by march 28th. larry? >>

on wall street were really off target in how much of their customers were hacked on last month's cyberattack nationwide. the figure was 40 million it's a, and it was. they were right. but what has happened they found an additional 70 million accounts were seized taking the total to around 100 million. there is a cross over there, you add 40 million and 70 million, you get more than a 100 million people, but close to 100 million people. your name, your street address, your e-mail address, and card numbers for 100 million americans. that's close to one-third of the entire country. target said it's going to issue e-mails to people whose those customers who they think have been hacked. you can log on to target.com if you're worried. target ceo have said these wor words: >> reporter: now target said that customers will have zero liability for charges that may arise, but they it can a big financial hit when people abandoned it. in revised guidance to wall street, which is going on now target is telling wall street that basically it thinks that it's going to have an overall sales decline of about 2

the cyberattacks that happened where more than 70 million people had their credit card and informationboy from st. petersburg. they wonder there could be cyberattacks on more retailers because that teenager shared the malware with others to can likely tweet to others. >>> strong earthquake shook the lower part of new zealand today rattling buildings and knocking out powers for thousands of people. here are pictures of an eagle. that's main airport and you can see people's homes. the 6.2 quake, the epicenter was about 70 miles northeast of wellington. they initially estimated it it was a 6.3. it struck in the earthquake prone country just before 4:00 in the afternoon their time. it was followed by a series of weaker aftershocks. >>> first amazon was suggesting delivers by drones now they're saying they know what you will order. amazon has a patent what they call anticipatory shopping. they said it will cut down on delivery time. >> i didn't order that though. >> they're going to send it out to shipping hubs or put them on trucks and then wait until you ordertor get it -- wait until you

melissa: would you believe someone could tell you when a cyberattack would happen? your thought might be, why aren't stores like target using this right now? one professor from the university of michigan found the formula. he is here to share so you don't get caught in hack attack. rob joins me on the phone. how accurately can you predict this? down to the day or down to the hour? what is it? >> more of a conceptual formulation, that somebody is able to identify a vulnerability in your computer system the idea is that they will wait for an important occasion when somethiig really valuable is at stake before asking that, you notice it and fix the vulnerability ahead of time. melissa: so could you have predicted what happened with target that has now spread everywhere and is in neiman marcus and we don't even know how far this has reached yet? could you have predicted that? >> well, criminals likely to use whatever resources they have as soon as they have them. but countries might be different. they might stockpile their ability to hack another country's computer syst

not discourage the private sector from sharing with the alphabet agencies when they're victims of cyberattack because they don't need the widespread publicity. >> the problem with not wanting the publicity, you don't go public with it. in the case of target it was a delayed response. and neiman marcus there was a delay. and the fbi told us about the situation at michaels and that might be follow all good reason but does give customers pause, what else are they hiding from us? howard, how big a worry should that be? >> the fbi and secret service doing these investigations, and for a long time everybody complaint that privity sector is not reporting it to. law enforcement, not prosecuting people so there's no deterrent. at the same token we have 47 states with data breach notification laws. they get a little top cover from the federal agency but by the same token, the consumers say, wait a minute. this happened over here. what about this company? when aim going to get notified? what risk do i have out there? need to get extra credit watching? what do i need to do to protect myself and without t

radio waves used to gain access to computers that other countries tried to protect from spying or cyberattacks. >>> one of the most important people in silicon valley and tech is steaming mad. >> scott mcgrew, he's saying he's treated unfairly. >> all of clean tech treateden fairly. the venture capitalist found of sun microsystems says 60 minutes report on sunday mischaracterized him and his investments in clean technology. he's posted an open letter to his blog this morning, taking the report apart point by point, denying some of the basic numbers used. i have not invested a billion dollars of my own money into cleantech. it's substantially less, and a simple query to us would have corrected this error. the report on cbs focused on the failures in cleantech. now khosla say failfailure's paf business, you need one facebook to make up for a thousand failures. he pointed out michael jordan 26 times taken the game-winning shot at the buzzer and missed. >>> tesla, it's one of the great success stories in cleantech. it's paid back its government loans early, and wednesday the company said it sold 2

you hear about the cyberattack. they attack the banks but don't lose any money. they steal your name and phone number but don't find out about it. people seem like they don't feel direct impact. how dangerous is it? >> death of a thousand cuts, but pay for later. milton friedman said there is no thing like a green lunch. the consumer ultimately pace. whether liability is only $50. class-action lawsuit with target is billions of dollars most likely. who do you think will pay for that? there is real impact. it doesn't hit you like a ton of bricks over time they don't feel it but eventually you feel in the pocketbook. melissa: peter, when i herd the idea behind snapchat you take a picture and show it to someone. >> deletes itself, quote, unquote. melissa: explicit photo you don't want out there forever it is going to disappear. i immediately laughed hysterically when i heard it came out, nothing you do ever disappears. >> i have friends that use it. totally safe. melissa: why would you think it is totally safe? >> people are cheap. here's the interesting thing. we'r

the company reportedly discovered the cyberattack in december from its credit card processor but it ishoppers were affected by the hack. officials now believe that neiman marcus and target attacks were part of a larger holiday hacking. target ceo spoke exclusively to cnbc over the weekend. >> what we do know is there was malwear installed on our point of sale registers. we removed that malware to provide a safe environment. we're accountable and we're responsible. we'll come out at the end of this a better company and we're going to make significant changes. >> target will offer free credit monitoring to all customers who shopped in its stores around the holidays and not just those affected by the breach. >>> and now to a market alert. stocks continue their sluggish start to the new year. a lot of concern in the financial sector about a lack of movement. weak jobs report on friday didn't help. now many of you may be feeling confused. wall street has been at all-time highs. not easy street for all of us reflected in talked about films in last night's golden globes. >> making a name for

and particularly the chinese pla units that are responsible or believed to be responsible for cyberattacks on the u.s. this would enable the u.s. to sit on those networks, see an attack massing and then maybe make a decision about whether they wanted to take a preemptive strike against them. we don't have any evidence they've ever done that. the only case where we've really had solid evidence of a major u.s. attack using these kind of techniques is iran. >> 100,000 computers is the latest round number. >> round number. >> do we have reason to believe given that the information we have is some years old that it's much more than that by now. >> i think we're going to extrapolate and say that it probably is more than that. i'm not sure what the orld of magnitude would be but it's a natural technical progression that the numbers that you are going after in a case like this would increase just because the proliferation of technology is such and the potential adversarieses are much more adept at using technologies, so it's just natural that we would be interested in finding out what they're doin