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Apr 2, 2017
04/17
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the cybersecurity of the u.s. should be strong enough to prevent cyberattacks and the american people should be protected by the government gainst these cyberattacks. in washington, it is their job to protect americans against cyberattacks, so that's the most important issue that should be addressed in 2017 and beyond. >> to watch all the prize-winning documentaries in this year's student cam competition, visit tudentcam.com. >> tonight on c-span, first lady melania trump attends a state department awards ceremony honoring women around the world. that's followed by president trump at a women's empowerment seminar that took place this week at the white house. and later, professional athletes talk about the criminal justice system and ways to improve community relations with police. at a congressional forum on capitol hill. this week, first lady melania trump attended a ceremony for e
the cybersecurity of the u.s. should be strong enough to prevent cyberattacks and the american people should be protected by the government gainst these cyberattacks. in washington, it is their job to protect americans against cyberattacks, so that's the most important issue that should be addressed in 2017 and beyond. >> to watch all the prize-winning documentaries in this year's student cam competition, visit tudentcam.com. >> tonight on c-span, first lady melania trump attends a...
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Apr 5, 2017
04/17
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BLOOMBERG
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cybersecurity is a heterogeneous environment for most of our customers.e things that we did when we relaunched the brand was, we made a promise. we've created open-source technologies. we have been partnering with other companies, our competitors, through organizations like the cyber threat alliance. we are working hard to make sure we can bring together our own products in an architecture, but we can help customers bring together different parts of their cybersecurity architecture to help them get to the right outcome. over the long-term, yeah, there will be opportunities for us to not only build and create our new products, but to add pieces that would come to us through mergers and acquisitions as well. we are looking at these problems holistically. that's one of the ways our customers really value us as one of the larger players here, that we can bring to them holistic capabilities. we can scale with them globally if needed to. ancan be with them 24x7 as extension of their business. that's critical, because everybody worries about cybersecurity today
cybersecurity is a heterogeneous environment for most of our customers.e things that we did when we relaunched the brand was, we made a promise. we've created open-source technologies. we have been partnering with other companies, our competitors, through organizations like the cyber threat alliance. we are working hard to make sure we can bring together our own products in an architecture, but we can help customers bring together different parts of their cybersecurity architecture to help them...
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Apr 25, 2017
04/17
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CSPAN2
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i think cybersecurity is. and i think the question is are you going to get pulled back into a nationstate driven system of internet governance because internet governance is linked to national security through these cybersecurity concerns. we have to talk. could we have some kind of a icann institution for cybersecurity governance? directions instead of more militaristic and nationalistic direction. >> atlanta and georgia tech, what is the role in this? >> georgia tech is really a leader in cybersecurity. we have the first masters degree in cybersecurity and that started more than 10 years ago. now we have just revise that masters degree which was computer science degree. now expanded it to include policy and the kind of stuff that i do. and energy systems. so the cyber physical, the energy group and so on and so forth. and we have something that's called the internet governance project.which i run. there is the institute for information security and policy. which is an umbrella organization for research about
i think cybersecurity is. and i think the question is are you going to get pulled back into a nationstate driven system of internet governance because internet governance is linked to national security through these cybersecurity concerns. we have to talk. could we have some kind of a icann institution for cybersecurity governance? directions instead of more militaristic and nationalistic direction. >> atlanta and georgia tech, what is the role in this? >> georgia tech is really a...
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Apr 24, 2017
04/17
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CSPAN2
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and there's issues like cybersecurity. the governance is hard to understand, and people are confused about this issue of internet governance and what it means because it's distributed governance. it's lots of different people making decisions. there's no centralized government. and that's why we call it governance. it's kind of a softer form of government. >> host: at the 30,000-foot level, how does internet governance affect regular users? >> guest: partly it just helps headache sure the thing actually -- make sure the thing actually with works. so, you know, if you don't have a consistent consolidated coordination of some of these technical functions, you know, the united states might be disconnected from latvia or even canada, you know? you have to have certain forms of management and policy to make sure everything actually is compatible, everything actually works together. so that's the most fundamental form of the way it affects. so most people don't know about it because most of the time, almost all of the time it's
and there's issues like cybersecurity. the governance is hard to understand, and people are confused about this issue of internet governance and what it means because it's distributed governance. it's lots of different people making decisions. there's no centralized government. and that's why we call it governance. it's kind of a softer form of government. >> host: at the 30,000-foot level, how does internet governance affect regular users? >> guest: partly it just helps headache...
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Apr 3, 2017
04/17
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and we work a lot on cybersecurity, and we have cybersecurity center in university of maryland and wethat the fbi will come to our state. but we have seen how important cybersecurity is. we've seen it in this past election but we've known about it for a long period of time and the partnership we have with israel, which is, of course, one of the leading cybersecurity technology proponents in the world, is, we think, very critically important. so there are so many areas, as kevin points out, where not only are we from a security standpoint partners, but we have so much in common from technology, from business, from are culture, that we cooperate in as well. and that strengthens that relationship every day. >> let me close by asking something we bring up almost every year. and that's the assistance to israel. the 3.9 billion, the missile defense, cooperative missile defense. and there is a lot of talk this year of budget constraints and competing demands. what's the temperature right now on aid to israel and more broadly on american role in the world and funding of american role in the w
and we work a lot on cybersecurity, and we have cybersecurity center in university of maryland and wethat the fbi will come to our state. but we have seen how important cybersecurity is. we've seen it in this past election but we've known about it for a long period of time and the partnership we have with israel, which is, of course, one of the leading cybersecurity technology proponents in the world, is, we think, very critically important. so there are so many areas, as kevin points out,...
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Apr 17, 2017
04/17
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BLOOMBERG
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those were discovered by cybersecurity research company called medsec.looked at the three other major manufacturers of these implattable devices and they felt that st. jude's stood out for poor security. so, yeah, it's possible there will be more cybersecurity related shortcomings along but unfortunately what the state of play seems to be there is a tremendous amount of complacency in our society about cyber vulnerabilities including in medical devices. so i would have to really think hard about doing something cybersecurity related again. not to say i wouldn't, but the complacency is certainly an issue. julie: carson, i want to switch gears a little bit because you are well-known to being an activist when it comes to corporations. less known being an activist when it comes to government. you did write a piece for bloomberg view raising the alarm on the debt ceiling which certainly has ban issue for markets and for the country in the past. has not gotten as much attention this time. why should it be? carson: well, look, the -- there is a real chance that
those were discovered by cybersecurity research company called medsec.looked at the three other major manufacturers of these implattable devices and they felt that st. jude's stood out for poor security. so, yeah, it's possible there will be more cybersecurity related shortcomings along but unfortunately what the state of play seems to be there is a tremendous amount of complacency in our society about cyber vulnerabilities including in medical devices. so i would have to really think hard...
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Apr 3, 2017
04/17
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CSPAN2
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cybersecurity is another important challenge that is an obligation both of government, but also of industryshoulder together. and i'm glad to say that that obligation is being shared mutually and cooperatively. u.s. telecom is very proud that it's leading industry-wide efforts to develop the kinds of smart and precise policy frameworks that will advance the efforts that we all need to address when it comes to cybersecurity. the threats are increasingly real. there's present danger that our networks are facing, but it is not our networks alone that have to be vigilant and engaged in advancing the cause -- the fight against cybersecurity threats. all industrial sectors bear not only an obligation, but a responsibility to join in common cause, to do the kind of coordinating, the kind of technological development, the kind of investment and the kind of information sharing with our partners in government to insure we have a cohesive and, above all, coordinated view of the field of battle in which we're waging this fight. are we done with our work? absolutely not. but i'm very pleased to see the
cybersecurity is another important challenge that is an obligation both of government, but also of industryshoulder together. and i'm glad to say that that obligation is being shared mutually and cooperatively. u.s. telecom is very proud that it's leading industry-wide efforts to develop the kinds of smart and precise policy frameworks that will advance the efforts that we all need to address when it comes to cybersecurity. the threats are increasingly real. there's present danger that our...
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Apr 6, 2017
04/17
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plimearily for technical positions like cybersecurity. our chief technology officer, our chief cybersecurity person, our architecture for i.t. we're all streamlined critical pay. the last of those people are rolling off. the most critical thing is does, it allows us when we're competing with the private sector and others, when we find someone we can say, we want to hire you for cybersecurity purposes and we can put you on payroll with streamline critical pay in about a month. if we go through the normal process, it's four to six months. asking one of these people in high demand to hang around for four to six months while we process them through the system generally doesn't work very well. we have great people in the i.r.s. wonderful people working in i.t. but without streamlined critical pay, it's a significant challenge for us to upgrade those folks. otherwise, as you say with preparers, as i always say, the saying goes, your barber has more qualifications to cut your hair than he does to prepare your tax return. our proposal is not to r
plimearily for technical positions like cybersecurity. our chief technology officer, our chief cybersecurity person, our architecture for i.t. we're all streamlined critical pay. the last of those people are rolling off. the most critical thing is does, it allows us when we're competing with the private sector and others, when we find someone we can say, we want to hire you for cybersecurity purposes and we can put you on payroll with streamline critical pay in about a month. if we go through...
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Apr 4, 2017
04/17
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cybersecurity is an obligation of government and industry to shoulder together. i am glad to see that is shared mutually and cooperative. telecom is happy they are developing the smart and precise frameworks that will advance the efforts that we all need to address which it comes to cybersecurity. the threats are increasingly real. there is present danger that our networks are facing but it is not our networks alone that have to be vigilant and engaged in advancing the fight. there is a responsibility to use the coordinated investment and information sharing with our partners in government to ensure we have a cohesive and above all coordina coordinated view of the field of battle. are we done with our work? absolutely not. but i am very pleased to see the progress that is underway. we are expecting shortly an executive order from the white house that will elaborate a clear framework for the path forward in cybersecurity. our member companies are working across the system with cable, wireless, together in a group of people we chair to come up with a common action
cybersecurity is an obligation of government and industry to shoulder together. i am glad to see that is shared mutually and cooperative. telecom is happy they are developing the smart and precise frameworks that will advance the efforts that we all need to address which it comes to cybersecurity. the threats are increasingly real. there is present danger that our networks are facing but it is not our networks alone that have to be vigilant and engaged in advancing the fight. there is a...
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Apr 9, 2017
04/17
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BLOOMBERG
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i think cybersecurity is one of the most overfunded.e the terminator, sheep in wolf's clothing, and is just a set. we think we have the platform to buy those features sets and deliver value to customers. reporter: so you have oversight of software and technology at tpg, and not just buyouts, but also in growth capital. bryan: that is right. reporter: what you see in terms of themes beyond cybersecurity? bryan: cybersecurity is important, but you are right. we do large-scale capital deals and smaller growth deals, $15 million seed investments to $1.5 billion equity checks, and we have seen the whole landscape. we have been working together for over a decade, and at any time we have eight to 10 different themes we are pursuing in the marketplace. our business model, our strategy is pursue proactive themes, from a real point of view, build proprietary relationships that are long-lasting around those themes, and we find it creates interesting opportunities. reporter: what is the one you are most interested about beyond cyber? bryan: health
i think cybersecurity is one of the most overfunded.e the terminator, sheep in wolf's clothing, and is just a set. we think we have the platform to buy those features sets and deliver value to customers. reporter: so you have oversight of software and technology at tpg, and not just buyouts, but also in growth capital. bryan: that is right. reporter: what you see in terms of themes beyond cybersecurity? bryan: cybersecurity is important, but you are right. we do large-scale capital deals and...
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Apr 12, 2017
04/17
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CNBC
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>> one of the reasons why we did this was to try to get cybersecurity as a border gender item. over the last few years cyberhas become an issue that's recognized at board level, but it's not top of the investment list. things that don't grow the top line or bottom line get pushed back. what we wanted to do was put something that every ceo would sit up and take notice. this is the fundamental reason why i'm here is to create company value. if i don't see that being p preserved, cyber is a part of that story. >> is the number a lot higher in the u.s. because they have different disclosure rules? if it's 10 to 20% in the uk, should we be more worried about all the cyber breaches out there and what we don't know? >> absolutely right. i think 10% to 20% is probably an overestimate. i think it's less than that in practice. you're right, disclosure law makes a difference. in europe we'll get the general data protection estimate in 2018. we have just over a year before it becomes full force. that will provide -- make companies disclose cyberbreaches within 72 hours as part of the legis
>> one of the reasons why we did this was to try to get cybersecurity as a border gender item. over the last few years cyberhas become an issue that's recognized at board level, but it's not top of the investment list. things that don't grow the top line or bottom line get pushed back. what we wanted to do was put something that every ceo would sit up and take notice. this is the fundamental reason why i'm here is to create company value. if i don't see that being p preserved, cyber is a...
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Apr 13, 2017
04/17
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BLOOMBERG
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we will focus on nasa's biggest cybersecurity challenges. and hbo's "silicon valley" is back for a fourth season. we will speak with the executive producers on how much influence they get from the real tech scene. first, to our lede. after a strong start to the year, global market volatility has come back into the fold amid rising skepticism over the trump trade. tech stocks were among the biggest benefactors of the recent rally. let's discuss with none other than abigail doolittle and cory johnson. guys, i just clicked on to my s&p 500. you go to this function. hp. cory: hp had a big move today after news that said they had the biggest gains in recent periods. caroline: it's trading at the highest in two years. another tech company also doing well, up 2.5%. talk us through, as volatility starts to ramp up, we are seeing in the vix, the so-called fear gauge -- what are we seeing across the technology spectrum? abigail: we've had the vix popping higher now four -- five days in a row, at levels last seen right around the election. investors ar
we will focus on nasa's biggest cybersecurity challenges. and hbo's "silicon valley" is back for a fourth season. we will speak with the executive producers on how much influence they get from the real tech scene. first, to our lede. after a strong start to the year, global market volatility has come back into the fold amid rising skepticism over the trump trade. tech stocks were among the biggest benefactors of the recent rally. let's discuss with none other than abigail doolittle...
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Apr 17, 2017
04/17
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CSPAN3
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cybersecurity person, all streamlined critical pay. the last of those people are rolling off. it allows us when we're competing with the private sector and others, when we find someone, we can say we want to hire you for cybersecurity purposes. if we go through the normal process, it's four to six months. asking one of these people in high demand to hang around four to six months generally doesn't work very well. we have great people in the irs, wonderful people working in i.t., but without streamlined critical pay, it's a challenge to upgrade those folks. otherwise, as you say with prepared preparers, the saying goes the barber has more qualifications to cut your hair than it is to prepare a tax proposal. we ran the program for about a year and a half so everybody could see what it looks like. it's not a threat to regulate. it's really a requirement of minimum standards of competence, and i think that would be important. it won't drive criminals out of business, but it will give tax preparers some confidence they know something about
cybersecurity person, all streamlined critical pay. the last of those people are rolling off. it allows us when we're competing with the private sector and others, when we find someone, we can say we want to hire you for cybersecurity purposes. if we go through the normal process, it's four to six months. asking one of these people in high demand to hang around four to six months generally doesn't work very well. we have great people in the irs, wonderful people working in i.t., but without...
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Apr 3, 2017
04/17
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there is cybersecurity. and for president trump to start right out of the gate with the trade issue signals, i think, exactly what president trump is trying to signal, that his administration is all about jobs first and that they're going prioritize that in the relations with other countries. host: and finally, the battle in the senate, as we said at the top of the program, will be over neil gorsuch, a vote by the judiciary committee tomorrow. a full senate vote on friday. will we see a swearing-in of the new supreme court justice by the end of this week or early next week? guest: well, that's difficult for me to say, although the republicans picked up a couple of centrist moderate democrats over the past few days, which would make it likely that one way or another, by hook or by crook, gorsuch will get nominated. the question is whether senate majority leader mitch mcconnell will have to invoke the so-called nuclear option in getting past that 60-vote treasury hold for a filibuster to end debate and get to
there is cybersecurity. and for president trump to start right out of the gate with the trade issue signals, i think, exactly what president trump is trying to signal, that his administration is all about jobs first and that they're going prioritize that in the relations with other countries. host: and finally, the battle in the senate, as we said at the top of the program, will be over neil gorsuch, a vote by the judiciary committee tomorrow. a full senate vote on friday. will we see a...
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Apr 18, 2017
04/17
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CSPAN3
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we use this to strengthen cybersecurity, increase our efforts against identity theft and improve taxpayer service. for the average person the improvement in service was noticeable on the foenphones. if you called for help during the 2015 filing season, i consistently described that as an abysmal experience. wait times were long and the majority of people couldn't get through. the additional funds provided by the congress allowed us to hire an extra 1,000 people during the filing season to answer phones and our level of service leaped up and we cut wait times on the phones significantly e. this is especially important. even with the additional funding we received in 2016, the irs remains under significant resource constraints. we're still under an agency wide hiring freeze that began in 2011. for the last six years we've been unable to replace most of the employees we have lost when they retired or left to take another position. as a result, our full time work force has shrunk by more than 17,000 people since 2010. that works out to a loss, net loss of around 50 employees every week. a pac
we use this to strengthen cybersecurity, increase our efforts against identity theft and improve taxpayer service. for the average person the improvement in service was noticeable on the foenphones. if you called for help during the 2015 filing season, i consistently described that as an abysmal experience. wait times were long and the majority of people couldn't get through. the additional funds provided by the congress allowed us to hire an extra 1,000 people during the filing season to...
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Apr 17, 2017
04/17
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CSPAN2
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much better job information sharing with critical infrastructure to have the tools to invest in cybersecurity so these institutions don't have been some notes to look more broadly to preface to say where do we go from here? we have an opportunity to put forth the strategy and i found it quite compelling in the book you talk about a 2012 study that found qsr lacked a strategic understanding with the war on terror u.s. was slow to recognize importance of information with the battle of the narrative and was often ineffective tool line the goals to the desired end steady. you talk about the new information agency how to read go from here? , . >> is has been a feature of my books to highlight the threats ended paints a dark picture but it tried to present those proposals how to fix those problems in behalf of the liars on a number of issues basically how it could be structured is up for debate it could be a government entity are private sector funded by a philanthropist orate a combination of the two supported by intelligence agencies but really focused to set up programs. obviously there is room
much better job information sharing with critical infrastructure to have the tools to invest in cybersecurity so these institutions don't have been some notes to look more broadly to preface to say where do we go from here? we have an opportunity to put forth the strategy and i found it quite compelling in the book you talk about a 2012 study that found qsr lacked a strategic understanding with the war on terror u.s. was slow to recognize importance of information with the battle of the...
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Apr 8, 2017
04/17
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cybersecurity is one of these existential threats to our digital lives.ens our institutions. mcafee is one of those businesses that is there to protect us. it is the mission of the company. we think it is an important mission. we are thrilled to be part of it. tel.t was part of in now it is a standalone company. what gives it the advantage there? were not the natural honor for a $2 billion cyber software company. in a moment where they were reflecting whether they want to double down and reinvest or sell. we gave them an alternative, a partnership, but we refocused on the core business. >> what does the private equity playbook look like here? what are the levers you can pull? when wed 16 months from started this deal to win a close a strategyand we had that is our strategy, keep pushing forward the product set. ,t is a great set of products and there making it better every day. second, we have deep relationships with great customers, but it is broadening that with our customers. of cybera landscape security software companies we can buy and put through th
cybersecurity is one of these existential threats to our digital lives.ens our institutions. mcafee is one of those businesses that is there to protect us. it is the mission of the company. we think it is an important mission. we are thrilled to be part of it. tel.t was part of in now it is a standalone company. what gives it the advantage there? were not the natural honor for a $2 billion cyber software company. in a moment where they were reflecting whether they want to double down and...
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Apr 17, 2017
04/17
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FBC
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cybersecurity expert david kennedy on how likely that is. david, ironically there is speculation that america perhaps had some cyber intervention with thattent at thatted missile launch yesterday. we know this is the warfare rather of the future. what are north korea's capabilities? >> well, you know north korea actually has a very limited internet presence but as far as our actual military capabilities go, cyber is one of those top ones we look for to impact a hostile nation or so definitely set them back. it is possible to impact a missile program. it is possible to set things back. we saw this happened before with iran where we hacked into their nuclear centrifuges and pu their nuclear program back several years. something we have capable of doing and something on the table when it comes to north korea. charles: i know it is speculation but a lot of people think we did something so that degree yesterday? is that possible? is that a distinct possibility? >> it is definitely possible. whether or not it happened or the not, the government, r
cybersecurity expert david kennedy on how likely that is. david, ironically there is speculation that america perhaps had some cyber intervention with thattent at thatted missile launch yesterday. we know this is the warfare rather of the future. what are north korea's capabilities? >> well, you know north korea actually has a very limited internet presence but as far as our actual military capabilities go, cyber is one of those top ones we look for to impact a hostile nation or so...
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Apr 6, 2017
04/17
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but we also have significant needs in cybersecurity and information technology as well as enforcement. each year, we make a decision as to where the funding is, our funding comes in those buckets. where we need to in fact support that funding. initially fees were meant to allow us to respond to unfunded mandates or other activities coming up during the year. our hope is one of these days we would fund information and cyber security and operations so the user fees would allow us to respond to changes. right now we use all of them filling those gaps. this year as i noted, our level of taxpayer service partially with user fees but also the funding that congress provided is over 75%. it means that we're reaching our goal would be to be in the low 80s. it takes a little more funding to do that. we're at double the rate we were in 2015 when we had an unacceptable level. since then, combination of user fee and support from congress has allowed us be able to raise the level of service. equally important, it's allowed us in our communications in writing with taxpayers the significantly lower t
but we also have significant needs in cybersecurity and information technology as well as enforcement. each year, we make a decision as to where the funding is, our funding comes in those buckets. where we need to in fact support that funding. initially fees were meant to allow us to respond to unfunded mandates or other activities coming up during the year. our hope is one of these days we would fund information and cyber security and operations so the user fees would allow us to respond to...
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Apr 28, 2017
04/17
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BLOOMBERG
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cybersecurity is both worse and better than it's ever been.cope, and frequency of attacks has skyrocketed but the safeguards protecting individuals and corporations are always being improved. 2014 hack of jpmorgan did not result in financial loss for its customers who are covered by cousin marie by consumer protection. the u.s. eventually identified and indicted the hackers. keeping data secure requires constantly updating technologies and human monitors watching for signs of trouble. high security comes with a high price tag. vonnie: you can read more about cybersecurity on the bloomberg. ahead, we will hear part of our exclusive interview with oaktree capital's howard his perspective on risk in the credit market and his investment strategy. this is bloomberg. ♪ but stillution investing is the mantra of howard marks and he reiterated that strategy in an exclusive interview with erik schatzker where her credit investor can earn a decent return with limited downside. are in the seventh or eighth inning of the credit cycle. >> in each market, yo
cybersecurity is both worse and better than it's ever been.cope, and frequency of attacks has skyrocketed but the safeguards protecting individuals and corporations are always being improved. 2014 hack of jpmorgan did not result in financial loss for its customers who are covered by cousin marie by consumer protection. the u.s. eventually identified and indicted the hackers. keeping data secure requires constantly updating technologies and human monitors watching for signs of trouble. high...
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Apr 8, 2017
04/17
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BLOOMBERG
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what you see in terms of themes beyond cybersecurity? >> you are correct.ge-scale capital deals and smaller growth deals, $15 million to $1.5 billion, and we see the whole landscape. we have been working together for over a decade, and at any time we have 8-10 themes we are pursuing in the marketplace. our strategy is to pursue proactive themes, build proprietary relationships around those themes, and we find it creates interesting opportunities. >> what is the one you are most excited about beyond cyber? >> health care. they are retooling their back office and there are import and software business is being built to deliver on that promise and we have been pursuing that for a number of years and we have just closed her first major investment and we have others in the works now. >> competitively, who do you run into most in the market? >> today, every private equity firm says they have a software practice. we have been together as a team for 10 years, and if we are proactive and thematic and how we perceive the market, we are not facing a lot of competition
what you see in terms of themes beyond cybersecurity? >> you are correct.ge-scale capital deals and smaller growth deals, $15 million to $1.5 billion, and we see the whole landscape. we have been working together for over a decade, and at any time we have 8-10 themes we are pursuing in the marketplace. our strategy is to pursue proactive themes, build proprietary relationships around those themes, and we find it creates interesting opportunities. >> what is the one you are most...
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Apr 22, 2017
04/17
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BLOOMBERG
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in the technology section, a violation of $3.5 billion, it may be the biggest cybersecurity start up go public this year. carol: here is our reporter. >> my colleague and i began investigating after we noticed what was extreme departures of senior executives, nine senior executives had left within eight months. when the last senior executive brown, he was the cfo, and that seemed unusual to us. this very same month they were supposed to be preparing for an ipo. not normal,ving is so we began investigating and found out there were a lot of cultural problems going on. carol: you put it really nicely. the head of the company was doing some inappropriate things. >> that's correct. withding to our interviews more than two dozen current and former employees, as well as text messages, and staff documents we reviewed, there seems to have been a pattern of hiring employees right before they were ready to invest in their stock options, the equity they earn for being there and to build the value of the company, then at a certain point were in -- theyto purchase them were entitled to purchase th
in the technology section, a violation of $3.5 billion, it may be the biggest cybersecurity start up go public this year. carol: here is our reporter. >> my colleague and i began investigating after we noticed what was extreme departures of senior executives, nine senior executives had left within eight months. when the last senior executive brown, he was the cfo, and that seemed unusual to us. this very same month they were supposed to be preparing for an ipo. not normal,ving is so we...
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Apr 22, 2017
04/17
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BLOOMBERG
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oliver: why the most viable cybersecurity unicorn -- carol: what was once google's biggest moonshot hasew mission, and it may reveal a lot about yourself. ♪ ♪ oliver: welcome back to "bloomberg businessweek." i am oliver renick. carol: i am carol massar. you can also listen to us on the radio. oliver: in the technology section, a violation of $3.5 billion, it may be the biggest cybersecurity start up could go public this year. carol: here is our reporter. >> my colleague and i began investigating after we noticed what was extreme departures of senior executives, nine senior executives had left within eight months. when the last senior executive departed, eric brown, he was the cfo, and that seemed unusual to us. this very same month they were supposed to be preparing for an ipo. your cfo leaving is not normal, so we began investigating and found out there were a lot of cultural problems going on. carol: you put it really nicely. the head of the company was doing some inappropriate things. >> that's correct. according to our interviews with more than two dozen current and former employee
oliver: why the most viable cybersecurity unicorn -- carol: what was once google's biggest moonshot hasew mission, and it may reveal a lot about yourself. ♪ ♪ oliver: welcome back to "bloomberg businessweek." i am oliver renick. carol: i am carol massar. you can also listen to us on the radio. oliver: in the technology section, a violation of $3.5 billion, it may be the biggest cybersecurity start up could go public this year. carol: here is our reporter. >> my colleague and...
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Apr 28, 2017
04/17
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and we use cybersecurity, counterintelligence -- counterterrorism intelligence. we work with the largest organization. with data you can make what is impossible to -- impossible today possible tomorrow. am i you are in open sourced company. -- >> you are an open source company. how are they not going to get underlying technology themselves? >> we are continuously innovating on this platform. we packaged open-source projects. we have software that has large enterprises to deploy that. they can operate our software and data centers. >> a lot of what you are selling into his on premise. everyone is all about the cloud. what do you make about that makes? customers 1/5 of our -- that is the fastest-growing part of our business and we are the fastest company helping large enterprises take it vantage of the cloud. they are now confidently moving workloads to microsoft and google. some of those highly regulated cases. >> those are some of your biggest competitors pushing into this data. the organizers have a deep client list. a $66are going after billion total injunction
and we use cybersecurity, counterintelligence -- counterterrorism intelligence. we work with the largest organization. with data you can make what is impossible to -- impossible today possible tomorrow. am i you are in open sourced company. -- >> you are an open source company. how are they not going to get underlying technology themselves? >> we are continuously innovating on this platform. we packaged open-source projects. we have software that has large enterprises to deploy...
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Apr 29, 2017
04/17
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cybersecurity is both worse and better than it has ever been.from attackers have skyrocketed but the safeguards are always being improved. the massive 2014 at tech of jp morgan did result a financial losses for the customers who were covered by consumer protection laws but it did allow jp morgan to build a vast cybersecurity operation. and he was eventually identified and indicted the hacker. however, keeping data secure requires constantly updating technologies and expensive human monitors watching for any signs of trouble. high price tag. david: that was just one of the you can find on the bloomberg. you can also find them at bloomberg.com along with all of the latest business news and analysis 24 hours a day. that will be all for "bloomberg best." thank you for watching. i am david gura. this is bloomberg. ♪ >> there were almost two incidents where you lost your life. >> and m-16 round went through my chest. >> and to get out of the hospital, you show them you could do push-ups. >> is the only time i stopped at 50. >> you had never once had p
cybersecurity is both worse and better than it has ever been.from attackers have skyrocketed but the safeguards are always being improved. the massive 2014 at tech of jp morgan did result a financial losses for the customers who were covered by consumer protection laws but it did allow jp morgan to build a vast cybersecurity operation. and he was eventually identified and indicted the hacker. however, keeping data secure requires constantly updating technologies and expensive human monitors...
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Apr 17, 2017
04/17
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i think cybersecurity and modernization are probably the safest bets. alex: we saw a year or two ago we saw raytheon go in with a oint -- joint venture with another. we think the raytheon, general dynamics will be the buyer of security companies? vito: i think they are looking at it closely, how to deliver large scale companies. we advised raytheon. a big thing is how do i sell to a commercial customer technology that i've traditionally done for a government customer? how can i do that effectively? it's two different end customers, two different needs, two different types of sells forces. some might acquire that experience but then there's cyber that goes to the three-letter agencies in the government which i think will continue to see a significant spend. alex: we're 3 1/2 months into the year. about 2 1/2 months within the trump administration. are you surprised from what -- from an m&a standpoint? vito: i think the conditions for m&a have remained very strong. you have a lot of capital availability. whether it's capital on balance sheets or slablet f
i think cybersecurity and modernization are probably the safest bets. alex: we saw a year or two ago we saw raytheon go in with a oint -- joint venture with another. we think the raytheon, general dynamics will be the buyer of security companies? vito: i think they are looking at it closely, how to deliver large scale companies. we advised raytheon. a big thing is how do i sell to a commercial customer technology that i've traditionally done for a government customer? how can i do that...
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Apr 27, 2017
04/17
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cybersecurity. >> yeah.entina has done a great job in developing what they've called palermo valley. it's an area they want to develop high-tech companies, chile's doing something similar to that. so we're starting to see even private acting investments coming into those markets looking for companies that are going to kater for latin america. vonnie: timing is everything, though. as many reforms, as macri has wanted to put in, and is starting to implement, is it still too soon? >> it depends. if you're looking for long-term investments, there are great trends in the region. the region has a g.d.p. that is about half of the u.s. population. -- population about two times the u.s. few regions where population growth is positive. chinese population growth is going to drop by 20% in terms of working-age population over the next 30 years. and in land america, this is going to grow by 10 -- latin america, this is going to grow by 10%. vonnie: what's your outlook on mexico? it's a slap in a face to a rtain ex tent,
cybersecurity. >> yeah.entina has done a great job in developing what they've called palermo valley. it's an area they want to develop high-tech companies, chile's doing something similar to that. so we're starting to see even private acting investments coming into those markets looking for companies that are going to kater for latin america. vonnie: timing is everything, though. as many reforms, as macri has wanted to put in, and is starting to implement, is it still too soon? >>...
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Apr 30, 2017
04/17
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cybersecurity is both worse and better than it has ever been.ncy of attacks from hackers is skyrocketing, but the safeguards protecting individuals and corporations are always being improved. the massive 2014 hack of jp morgan did result a financial -- did not result a financial losses for the customers who were covered by consumer protection laws but it did allow jpmorgan to build a vast cybersecurity operation staffed with former military members and the u.s. eventually identified and indicted the hacker. however, keeping data secure requires constantly updating technologies and expensive human monitors watching for any signs of trouble. high security comes with a high price tag. ♪ david: that was just one of the many quick takes you can find on the bloomberg. you can also find them at bloomberg.com along with all of the latest business news and analysis 24 hours a day. that will be all for "bloomberg best." thanks for watching. i am david gura. this is bloomberg. ♪ ♪ announcer: from our studios in new york city, this is "charlie rose." charli
cybersecurity is both worse and better than it has ever been.ncy of attacks from hackers is skyrocketing, but the safeguards protecting individuals and corporations are always being improved. the massive 2014 hack of jp morgan did result a financial -- did not result a financial losses for the customers who were covered by consumer protection laws but it did allow jpmorgan to build a vast cybersecurity operation staffed with former military members and the u.s. eventually identified and...
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Apr 13, 2017
04/17
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. >> we touched only briefly on the issue of cybersecurity. >> the latest on the trump campaign probe the state of u.s. foreign policy. >> i said we've just launched 59 missiles heading to iraq.
. >> we touched only briefly on the issue of cybersecurity. >> the latest on the trump campaign probe the state of u.s. foreign policy. >> i said we've just launched 59 missiles heading to iraq.
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Apr 17, 2017
04/17
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number two, and number three terrorism, those are three mandates keep them busy. >> cybersecurity isd because war is fought differently nowadays we don't have boots on the ground, in terms of using drones nukes, massive casualties so hopefully we don't escalate geopolitical he tensions as quick as we might have before so cybersecurity next biggest threat. >> i think it is a biggest threat facing america today, many of our major corporations are -- government -- find themselves very vulnerable. all fire walls serve a purpose not enough you need to engage mano a mano my and then a does that we have 25 best 35 -- developed in the nation what you need toing garred i think number one threat. >> also goes back to hb 1 visas we need to develop cairo techniques that we can deploy against adversaries as well as protect ourselves. >> i don't think -- i do think that is a rigorous that we should not overlook, but frankly we have enough talent in this country we train, my cto -- ubs never trained in cyber, cyberexamine command wants to train 9,000 additional operators. most of the best of the be
number two, and number three terrorism, those are three mandates keep them busy. >> cybersecurity isd because war is fought differently nowadays we don't have boots on the ground, in terms of using drones nukes, massive casualties so hopefully we don't escalate geopolitical he tensions as quick as we might have before so cybersecurity next biggest threat. >> i think it is a biggest threat facing america today, many of our major corporations are -- government -- find themselves very...
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Apr 23, 2017
04/17
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disclosure really turned against the national security agency which to me is the premier agency for cybersecurityother intelligence and law enforcement agencies in the pentagon have -- have good capabilities to counter this but they're -- they're constrained by law and by regulation about what they can do. that's why i think we really need kind of a new entity. i call it information america where we would set up something that would be similar to the u.s. information agency of the cold war era and would transcend various agencies because if it's part of the defense department information warfare would be subordinated, it would be a support function. it would be impose by heavy secrecy which is their culture n. the state department, diplomacy impaired, in other words, the state department is oriented towards getting along with foreign nations. so if we had an individual agency that could do this kind of thing, i think it would help clarify those lines of authority and it could be, again, both a content counter and promotion thing as well as technical and cyber to be able to cross over these two th
disclosure really turned against the national security agency which to me is the premier agency for cybersecurityother intelligence and law enforcement agencies in the pentagon have -- have good capabilities to counter this but they're -- they're constrained by law and by regulation about what they can do. that's why i think we really need kind of a new entity. i call it information america where we would set up something that would be similar to the u.s. information agency of the cold war era...
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Apr 13, 2017
04/17
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. >> we touched only briefly on the issue of cybersecurity. >> the latest on the trump campaign probe and the state of u.s. foreign policy. >> i said we've just launched 59 missiles heading to iraq. >> headed to syria? >> yes. >> then after a strong showing in kansas, democrats hope to flip a gop seat in georgia. congressman john lewis and eric swalwell join me from atlanta on the resistance. >>> plus bernie sanders on how dems plan to take back congress. gabe sherman on his bombshell bill o'reilly report. >> caution. >> and all of the promises -- >> china cheats. they devalue their currency. >> the president has broken in just the last 24 hours. >> i think it's fairly safe to assume that was hyperbole. >> when "all in" starts right now. >>> good evening from new york. i'm chris hayes. on a day in which the u.s. secretary of state met in person in moscow with vladimir putin, tonight new details on a third member of the trump campaign who may have acted as a foreign agent. today a spokesman for paul manafort says the former chairman of the trump campaign is now in talks to register ret
. >> we touched only briefly on the issue of cybersecurity. >> the latest on the trump campaign probe and the state of u.s. foreign policy. >> i said we've just launched 59 missiles heading to iraq. >> headed to syria? >> yes. >> then after a strong showing in kansas, democrats hope to flip a gop seat in georgia. congressman john lewis and eric swalwell join me from atlanta on the resistance. >>> plus bernie sanders on how dems plan to take back...
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Apr 23, 2017
04/17
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we have an excellent team. , thinking ofy cybersecurity, identity is being stolen and computers being it's becoming more top of mind. we been focusing on that for years. -- we have a series of smaller investors for the growth fund that helped us understand with the landscape is and after years of knocking at the door, we have now taken mcafee in partnership with the parent company intel. what was essentially a preparatory -- proprietary dialogue. we have ecosystem for any specific plan. it wasn't a competitive process. our investment in ca ultimately investments in cirque du soleil, the result of years of working in different segments of technology, where we can have approach for differentiate angles. >> coming up after the break, who is buying and who is selling? here for more voices in berlin. we didn't just the u.s. election, we didn't guess brexit, i don't think we can guess anything else in the short term. we just need to stay calm and stay focused. ♪ jason: welcome back. i am jason kelly here in berlin at the superreturn international conference. on stage and in the halls, there
we have an excellent team. , thinking ofy cybersecurity, identity is being stolen and computers being it's becoming more top of mind. we been focusing on that for years. -- we have a series of smaller investors for the growth fund that helped us understand with the landscape is and after years of knocking at the door, we have now taken mcafee in partnership with the parent company intel. what was essentially a preparatory -- proprietary dialogue. we have ecosystem for any specific plan. it...
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Apr 1, 2017
04/17
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just thinking about cybersecurity for example two crimes people fear identity and computers being hackedthis is important and it's becoming more so. we've been focused on that for years. we have a series of smaller investments for our growth fund that have helped us understand the landscape. after years of knocking on the door, we have now taken mcafee with the parent company, intel, in what was a proprietary dialogue and we are totally convinced that we can take it to the next level. we have an ecosystem for it. we have a plan. it was not the competitive process. again, it's the importance of focusing ahead of time. content media, our investments in caa, our investment in cirque du soleil, these are the results of years of working in what we think of as different segments of tech knowledge he where we can have a differentiated approach. jason: that was todd sisitsky. coming up after the break, who is buying and who is selling? we hear from more voices at the conference here in berlin. roberto: we need to get through brexit. i don't think we're going to get anything else in the short-ter
just thinking about cybersecurity for example two crimes people fear identity and computers being hackedthis is important and it's becoming more so. we've been focused on that for years. we have a series of smaller investments for our growth fund that have helped us understand the landscape. after years of knocking on the door, we have now taken mcafee with the parent company, intel, in what was a proprietary dialogue and we are totally convinced that we can take it to the next level. we have...
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Apr 5, 2017
04/17
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commissioner koskinen focused on meeting taxpayer's needs and cybersecurity threats. after his remarks, commissioner koskinen took questions from the audience. >> good afternoon and welcome to the national press club where news happens here in the nation's capital. i'm washington bureau chief and senior economic analyst with bankrate.com. i served as the 104th president of the club. and i'm standing in today for our 110th president who is away on assign ment because he still has to make a paycheck via his employer versus this volunteer gig and probably submit his tax return as well. i'd like to welcome our public radio and c-span audiences and remind you you can follow the action on twitter using the #npclive. now it's time toinlt deuce or head table guest and ski each of you stand briefly as your name is announced until the audience i ask you to please hold your applause until i finish introducing the entire head table. so from your right, my left, charles clark senior dpont, government executive media group. mark wino, senior associate editor at kiplinger personal f
commissioner koskinen focused on meeting taxpayer's needs and cybersecurity threats. after his remarks, commissioner koskinen took questions from the audience. >> good afternoon and welcome to the national press club where news happens here in the nation's capital. i'm washington bureau chief and senior economic analyst with bankrate.com. i served as the 104th president of the club. and i'm standing in today for our 110th president who is away on assign ment because he still has to make a...
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Apr 4, 2017
04/17
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now, most of the gains came from the software cybersecurity and cloud computing industries, and the pay in the tech sector, more than doubled the national average. nearly 109,000 a year. >>> according to the same report, it's not just california and new york that are seeing high rates of tech sector employment. michigan and pennsylvania are in the top ten. and that's partly because factory floors are going high-tech. that modernization means new skills are required to operate that machinery. morgan brennan looks at how companies are training workers for the factories of the future. she's in gross city, pennsylvania. >> reporter: technology, the adoption of automation, 3-d printing and digitization, transforming factory floors. and with them, job descriptions. take general electric, ge's been on the forefront of the trend. sensors, and robotics. ge workers here at this pennsylvania facility use data to access locomotive engines coming in for repair. that's a process that allows them to target specific parts, rather than do full teardown, which is what used to happen. this shift involves
now, most of the gains came from the software cybersecurity and cloud computing industries, and the pay in the tech sector, more than doubled the national average. nearly 109,000 a year. >>> according to the same report, it's not just california and new york that are seeing high rates of tech sector employment. michigan and pennsylvania are in the top ten. and that's partly because factory floors are going high-tech. that modernization means new skills are required to operate that...
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Apr 23, 2017
04/17
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and that is due to the fear of cyberattacks, which the french national cybersecurity agency says areely high risk. queues of people, paper voting, surely there has to be a better way. well, we asked bbc newsbeat‘s political editorjonathan blake to have a look. ancient institutions and modern technology. the two do not always go together. that could radically reshape the political landscape. been done for decades, , to put a cross in a box. in the uk, election turnout has fallen steadily. those campaigning for online voting say the system is stuck in the past, and it is time to digitise our democracy. it would make politicians pay attention more to the groups that would be enfranchised by this method of voting. so those groups would be young people, because they are the ones who engage most online, and groups like people with disabilities, or with vision impairments, of whom there are 2 million in this country, voters abroad, and the armed forces. if they have this accessibility to voting, politicians will have to listen to them. one company is working on a way to make voting more con
and that is due to the fear of cyberattacks, which the french national cybersecurity agency says areely high risk. queues of people, paper voting, surely there has to be a better way. well, we asked bbc newsbeat‘s political editorjonathan blake to have a look. ancient institutions and modern technology. the two do not always go together. that could radically reshape the political landscape. been done for decades, , to put a cross in a box. in the uk, election turnout has fallen steadily....