of law and policy and practice that we need to operate effectively in cyberspace. and we certainly made a lot of progress over the last 20 years, including theicularly within financial services industry. i certainly agree with the characterization of the the mostas one of if not the most advanced sector in the country and fromevel of investment systemicide to the analysis and resilience center, sheltered harbor, investments that this industry has made are tremendous, but i do think that there is more that we do on both the industry side and on the government side. i think in particular, on the government side, there is a real need to look at how the government can focus on its comparative advantage, where it has capabilities that the not andsector does leverage the comparative advantage of the private sector, where the private sector has capabilities that the government does not have. the government can also focus on incentivizing good behavior and we can talk about that in a. q. and and then lastly, on the industry side, i think continuing to invest in having the

stretching it to the maximum cyberspace is barely older than me. we have not had time yet to develop the body of law and policy and practice that we need to operate effectively in cyberspace. we have made a lot of progress over the last 20 years including within the financial services industry and i certainly agree with the characterization as one of the most, if not the most advanced sector, in the country and the level of investment from the fsi fact to the systemic analysis and resilient center and sheltered harbor and the investments is tremendous. i do think there is more that they can do on both the industry side and on the government site. in particular, on the government side there is a real need to look at how the government can focus on its comparative advantage where it has capabilities that the private sector does not in leverage the comparative advantage of the private sector where the private sector is capable of thinking abilities for the government does not. the government can focus on incentivizing good cyber behavior. we can talk

or for example we also talked about cuba our joint work in cyberspace. the beginning year or should be to look more of that is ensuring the implementation of the international norms taking into account each other's interest and calm but in crime and cyberspace in particular boardroom opinion we will keep you know what it is that talking with mr president tomorrow today but i would like to thank mr moran for the negotiations we had which were very businesslike. really and open and they were very useful thank you very much for your attention. that he will miss him pretty don't shove it immediately. the dems and it's really nice to meet in the mystery parliament there meet them if you. want to. look pretty don't put in. inverness only three dollars going to work and that i would like to thank mr putin because he is one welcome we just had to mull it all. tete a tete talks and then we had the talks no brought for luck this was a very open dialogue that we had it was highly productive and efficient. again it was very productive and this has allowed us to have

due to the way cyberspace works. i believe will be a shared mission between the private-sector federal government to achieve that. >> time has expired. >> this is a very important issue, one reason it's important is that i have legislation as 536, the cyber security disclosure act was senator mccain, senator mcconnell and warner. it would require disclosure of whether public companies have a director whose a cyber expert or another another arrangement. think it's essential to have public companies tell their shareholders in the markets what they do at the highest level. you have described the different ramifications throughout your testimony. let's focus on mr. daniel. chairman clayton was here and he said i think cyber security i do not think is enough disclosure in terms of it there's oversight at the board level. that's something investors should know whether something companies should know. and a significant company has cyber risk issues. would you agree with that sentiment? >> i think the nature of the cyber sec

going to continue a strategic dialogue on the matters of security, cyberspace, and economics. that is what we have been busy with figuring out. we're looking for very specific action. we have signed about 50 agreements in economics. we also agreed to work together in order to develop and put together a single chart within which we will be able to resolve different disputes. exchangeeen able to some humorous words, certainly. there is an understanding between russia and the european union which we get more precisely. which is always in pursuing an independent policy which has a very strong, which has a very clear policy. i suppose they can act in an optimal way to build and think more about this architecture. in military way, in terms of security and the economic way, in terms of cyberspace, to build certain lines of force and certain commonality. the common language. i would insist that that would be very important and very useful for stability in europe and good for our peoples. >> i think that one should because cautious about any possible expection. they used to be a lawyer

into cyberspace so how do we control the latter while preserving the former? what kind of regime for managing the internet, without making it just a reprise of the gate keepers who only allowed certain voices to be heard, still giving opportunities for people to express themselves? but at the same time. i've said and general hayden has quoted me on this, that the internet is the biggest wash room war in history. on which everybody can scribble their graffiti and their nonsense, their lies, their vituperation and part of the task that educators have and i have as an educator is to try to help my students acquire that critical acumen that makes them good at evaluating reliable information from unreliable information. and i love to tell the story, because i tell it at every opportunity, about a very distinguished french colleague of mine, a philosopher, a rather magnificent individual. he has a great sense of style and he wears plunging decolletage. magnificent hairy chest. i once said to him, bernard where do you wear your shirt open to your belly button. and he

and economic growth collective security or cyberspace any fragmentation well as an instrument of selling fear japan cian russia france just as china. as well as all of our foreign partners have shared interests don't text the interests that concern. responding with any context by devising new methods and rely on some very basic concepts. and that is the third point i'd like to make and then you can stream conclude in order to fight this is precious and mistrust you thought way for the first book was god's will to devise a terminology and conditions of what i call a multilateral approach which encompasses sovereignty. as well as probably a fully fledged engine gratian us with regard to that not a rational approach that i'm always talking about you cannot trust as i mentioned when talking about also you cannot trust address every do not trust yourself if you do not respect yourself if you don't respect yourself and no one will respect you so in this file just believe we've got to fight before sovereignty and if you look at your kind for it's respect i want to see respect one another i want

going to be so energy consuming and there are there's not going to be a you know enough room or cyberspace out there for all of us well there is and this might be the same story with bitcoin and other crypto currencies and we might be saying the sky is falling when really it's not that that this energy is actually there that it's available and that this part of the sector these crypto currencies actually you know really won't take up of that much in the long run as we put more energy out there first of all and second of all as this whole industry progress is as you mentioned there's not only one crypto currency out there there's a whole bunch of them they're all fighting to get their place in the market and who knows who's going to be the winner in the end and how that's actually going to look it's all about blogs and technology we know that labor has blocking technology is goes far beyond crypto currencies and it's something that might be used in industries all the way from health care to the food industry just to what we communicate just because this is this current this technology itsel

essential to ensuring our nation maintains now and in the contesting warfare of outer space and cyberspace. remaindepartment, we undistracted in our pursuit of military superiority, for america has no ordained right or victory on battlefield. it is now your responsibility to ensure adversaries know they should always prefer to talk to our department of state rather than face the u.s. air force. those of you -- [applause] anybody out there in the world, anyone that wants to test our country's resolve must know the full threats in ways of the words you probably sing in the air force song "give her the gun." doing so means unleashing the aggressiveness to those you will lead, and keep in mind, it is the airman's unrelenting commitment that would derail our adversaries. as officers, you only have to forone battle, the battle your troupe's respect and your pure's respect. gaining their affection for net forced because, once you when that, through your example, your airmen will win all the others. more than six decades ago, that chief of staff, the general, stood in front of the first class of c

sea, land, air and cyberspace. they will stop ating into get there.ain today sea we are talk about 40% of the world's shipping. the national security issues loom large here. but the larger issue with national security is the economy itself. we have simply as you have said, opened ourselves up to the theft of intellectual property to actual -- to all sorts of technological secrets and developments. we estimate -- estimates run as high as $600 billion a year. over 3,000 front companies. i'm talking about intelligence companies owned and operated by the chinese operating in the united states. >> some of these places including institutions are taking money. they are getting subsidized and they are look the other x and that's the wrong way to handle our national security. they are not going to invade us with military. they will invade us with money and buy stuff. that's why qualcomm was turned down. that's why a lot of these companies are being turned down. even though it took the military years to kick huawei * and zte off their bases. pretty soon you thi

for example we also talked about cuba our joint work in cyberspace. to work more of that is ensuring the implementation of the international norms taking into account each other's interest and calm but in crime and cyberspace in particular boardroom opinion we will kill you with that talking with mr president tomorrow but i would like to thank mr micron for the negotiations we had which were very businesslike. really and open and they were very useful thank you very much for your attention. that he will miss him pretty don't shove it to me or. the dems and it's really nice to meet him say mr de palma damage them if you. want to let me. play you don't put in. inverness only for.

essential to ensuring our nation maintains now and in the contesting warfare of outer space and cyberspace. in the department, we remain undistracted in our pursuit of military superiority, for america has no ordained right or [applause] -- anybody out there in the world, anyone who wants to test our country's the weight ofnow the words you say. once you and their respect through your example, your airmen will win all the others. ago, air six decades force chief of staff stood in front of the first class of cadets on your academies dedication day delivering words of wisdom to those about to open the first chapter of their service. nation the eyes of the and especially the eyes of the air force are going to be on you. everybody will be looking over your shoulder and they will be critical for they have a right to expect great things. today, that expectation still holds. the american people and especially our veterans continue to expect great things from you. we need you now and tomorrow at the top of your game. we need you harder than petrified woodpecker lips. we need you tough and strong.

and criminal use of cyberspace?nd consequence management, how are we responding effectively to cybersecurity incidents? and then the last one is enabling cybersecurity outcomes, and really how are we improving at least in the department of homeland security how we are managing our cybersecurity programs not only to protect the federal dot gov mission which is one of the missions that we have but also to again partner with industry, protect critical infrastructure, get information out so we can get the bad stuff off the internet that we know about. and then how are we making security -- how are we making our systems more secure and more reliable. all of this goes to, you know, how are we collectively doing this? we've got three priorities for my organization, the office of cybersecurity and communications that we're pretty focused on for the next probably three or four years. the first one is cyber workforce. how do we build a cyber workforce, not for us to recruit against, but how do we build the cyber workforce as

countries out there now that you think are maybe attracting you know crypto i know crip those out in cyberspace but a crowd attracting crypto related businesses i haven't been a real books yeah the exchange exchanges right that's what that's what you want you want to think you want to exchanges to come to you and you want to start ups that are willing to of flow tokens to function on their operations and other kind of blocks and enterprises so switzerland of course as you might expect has been very liberal on regulation but here in the united states wyoming this past summer like seven pieces of legislation everybody in the u.s. not at the federal level but the state level you've got a lot of people talking about how they want their state to be the crypto capital of the world i think it's really exciting i was speaking in mexico few months ago and i told them that they can suppress the u.s. g.d.p. if they have the right. i'm very interested in that they're interested in that they want to see the look on downtown space. to your right about switzerland i notice that four of the ten largest i c o's

. >> we tend to think of bullying as something that happens on the schoolyard or in cyberspace but it actually happens wherever older adults and people in general live. ♪ ♪ legendary jockey vÍctor espinoza is insatiable when it comes to competing. ♪ ♪ so is his horse. ♪ ♪ when it comes to snacking. ♪ ♪ ♪ ♪ that's why he uses the chase mobile app, to pay practically anyone, at any bank. life, lived victor's way. chase. make more of what's yours. he's been called a rockstar lwinning pro bono battles for immigrants and the homeless. defending gay rights and gun control. democrat jeff bleich. after columbine, bleich led president clinton's youth violence initiative. with joe biden, bleich took on domestic violence. served president obama as special counsel and ambassador. maybe bleich can't pull off the rockstar look... but his progressive record is solid gold. >>> president trump is formally supporting john cox in the race for california governor. the president made the endorsement in a tweet late today. it said, california finally deserves a great governor one who understands borders, c

countries out there now that you think are maybe attracting you know crypto i know crip those out in cyberspaceut a coup. attracting crypto related business is why haven't been ruled books yeah the exchange exchanges right that's what that's what you want you want two things you want to exchanges to come to you and you want to start ups that are willing to of float tokens to fund the fund their operations and other kind of blocks and enterprises so switzerland of course as you might expect has been very liberal on regulation but here in the united states wyoming this past summer like seven pieces of legislation everybody in the u.s. not not at the federal level but the state level you've got a lot of people talking about how they want their state to be the crypto capital of the world i think it's really exciting i was speaking in mexico few months ago and i told them that they could surpass the u.s. g.d.p. if they had the right regulation i'm very interested in that they're interested in that they want to see the look on donald trump's face. to your right about switzerland i notice that four of

activity which moves markets around the world when no one thinks of the federal reserve in terms of cyberspace usually you think of you know economics you think of labor markets you think of macro models of the u.s. central bank and economists are poring over to try to decide what to do about interest rates it turns out of course that there's about three and a half trillion dollars of foreign funds being held at the new york fed and the fed is basically the account custodian for two hundred fifty foreign entities around the world. and its customers included bangladeshis central bank and it was to the new york fed that the hackers sent thirty five messages requesting payments from the bangladesh bank account. things could have been a lot worse but for an extraordinary coincidence millions of dollars hundreds of millions were never transferred because the name jupiter in the address for the bank happened to match that of an oil tanker nothing to do with the heist but on the list of u.s. sanctions against iran as a result most of the transfer orders were flagged as suspicious and blocked by the f

that is what we have in cyberspace. look at other domains that the balance of power sometimes in land, air, still dominant in every domain. in favorite is one that even dominate on offense, the unfortunate reality is the defensive side becomes an equation that is a challenge for us. there is no balance of power in the cyberdomain. in fact, there's a lot of nations that if conflict is going to stick in cyber, we like that. there's a little bit of gray operation mayor in the united states is a little bit on the weaker side on defense. we also as a nation share critical infrastructure between the public sector and private sector. other nations don't have that problem. you will look at providers and communications. some nations totally controlled by the government. we can't, so we have to have a public or the consortium that works together, especially under times of duress and that's just a little bit different and a little bit broader here. there's no sound set of rules than this fascinates me. i can spend a lot of time ta

includestment you lead border immigration security, protecting cyberspace, making sure air travel is it secure, helping communities respond to natural or man-made disasters, and monitoring our coastlines and waterways to save lives and revenge bad actors from invading our ports. job is toiators, our allocate resources across the entire dhs enterprise. this budget provides close to a 7% increase with border security immigration. i support additional funding for border security when done in a smart and effective way. at the same time, we cannot shortchange other priorities like local law enforcement, air force security, and clinical research and development. montana's police officers and sheriffs have told me how critical these resources are to keeping them safe. unfortunately, it is my assessment that the budget under and ends staffing, funding for airport law enforcement support. science and technology would be cut by 30%. important thaty we have good science and technology to leap ahead of technologies and stay ahead of terrorist groups. there is no dedicated funding request to help

terrorism,o combat manage to and what passes through land, air, and sea cyberspace,ure prepare and respond to disasters, and protect countless other national security interests. the subcommittee will work with the department to meet these demands effectively and efficiently. the appropriations bill has provided significant investments for the department toward those ends. they made a significant walltments in a new border system, the highest traffic proportion of the southwest border, with a record level of a funding for immigration enforcement. it dedicated significant funding to opioid detection and equipment, and improved detection capabilities. it included the largest ever investment for the men and women of because card, genetically accelerated the deployment of the cyber security schools used by every single civilian agency of the federal government. combination with the emergency supplemental appropriations bill, it provided the necessary physical -- fiscal year 2018 resources to respond to the 2017 disaster season. now turning attention to the 2019 budget request. department to me

in order to avoid any possible tragedies and now it is evident cyberspace. is a very important area for millions of people and that is why we should decide on the mode of work we need to develop common frights we need to develop money touring magnusson and today with mr president we have just passed just that and we have decided that we are going to exert all the necessary efforts in order to follow this path. europe minister within the week. as for your first question that you mentioned even when as for the seventeenth of march. i think about all the victims in many countries but their families in particular in belgium in the naveh lands in australia. in mali the difficulty you can and the information we are receiving today is very important and trash and france is undertaking its efforts to be part of the investigation we are sure that it is objective because it is related but we need to corporate in this area as soon as we have details as soon as we have the facts. it will be a bow to the unity you know to the to believe that many of the political russia

not just talk of snow that is not cyberspace cupid there that was facebook c.e.o. mark zuckerberg announcing a new direction for his company the world's largest social media network is making his first foray into internet romanced from wide to low this comes hot on the heels of the cambridge analytical scandal and a major loss in public trust. well who to trust with your private data. there are endless answers to that question right now here in berlin europe's biggest conference on digitalisation and society known as republika got underway today and if you've ever attended republican you will have noticed that the age demographics of visitors well it tends to skew rather young well tonight i'd like you to meet a very senior swedish blogger she's as digital as it gets and she was born before analog really got going her age according to her online profile one hundred five. it's the same ritual every morning and it can start with a coffee technique os an issue of that. i've had his coffee machine since nine hundred fifty one here like that and i remember that exactly

activity which moves markets around the world when no one thinks of the federal reserve in terms of cyberspace usually you think of you know economics you think of labor markets you think of macro models of the u.s. central bank and economists are poring over to try to decide what to do about interest rates it turns out of course that there's about three and a half trillion dollars of foreign funds being held at the new york fed and the fed is basically the account custodian for two hundred fifty foreign entities around the world. and its customers included bangladesh's central bank and it was to the new york fed that the hackers sent thirty five messages requesting payments from the bangladesh bank account. things could have been a lot worse but for an extraordinary coincidence millions of dollars hundreds of millions were never transferred because the name jupiter in the address for the bank happens to match that of an oil tanker nothing to do with the heist but on the list of u.s. sanctions against iran as a result most of the transfer orders were flagged as suspicious and blocked by the fe

the the platform are a critical part of american sosh cyberspace and in desperate need of protectionked for cam braj analytica in the 2013 and 2014. his testimony comes two months after refrlgss surfaced that the british firm harnessessed the date are data from 50 million facebook user without percentages. >> in another development mark zuckerberg agreed to before the european parliament on this issue. zuckerberg is expected to be in brussels next week to meet with parliamentary leaders in a closed door meeting. zuckerberg testified before congress last month. his appearance comes as an aggressive new data protection law takes giving facebook useners europe more control over what companies can do with online habits. >> we get an idea of where the apple new campus to house 20,000 employees might go. the options 57 to be narrowed down to north carolina and virginia. apple ceo tim cook reportedly met with the governor of north carolina last week. there is speculation the campus could be located near duke university where cook and other top executives went to school. meanwhile officials

targeted here not military and two third i can for the people who had to do go jet alex job in cyberspace well go ahead real quickly if i could just say the media quickly blamed it all on hamas saying oh why did hamas bring children into this protest why did they push children towards the israeli borders i mean it's absolutely sickening to think about it that they're that they're pinning the blame on all of this hamas bringing children into the line of fire but if you if you vote for a political party if you're a member of a political party that the western governments i don't like a mosque myself right anymore than i like the zionist regime in control of israel but if you belong to a political party that was elected democratically that they don't like they have the right to massacre you did you know that that's the twisted logic you can. get that just that but a stingray and all of the muslim brotherhood which the united states supported in egypt in c. there in a lot of other places they united states almost legalized the muslim brotherhood so when when the. also so did israel by trying

go ahead alex jobin in cyberspace well go ahead real quickly if i could just say the media quickly blamed it on hamas saying oh why did hamas bring children into this protest why did they push children towards these really borders i mean it's absolutely sickening to think about it that they're not there pinning the blame on all of this hamas bringing children into the line of fire if you if you vote for a political party if you're a member of a political party that their western governments i don't like a mosque myself right anymore than i like the zionist regime in control of israel but if you belong to a political party that was elected democratically that they don't like they have the right to massacre you did you know that that's the twisted logic you can. get that just the palestinian branch of the muslim brotherhood which the united states supported in egypt in syria in a lot of other places they are now the states almost ligi demise of the muslim brotherhood so when when they were also so did israel by trying to break up vata they wanted to have an alternative to it in this is what

these platforms are a critical part of american cyberspace, and are in desperate need of protection and oversight. and still optimistic about the future of technology, but we and still optimistic about the should not walk into the future blind, and it's the job of lawmakers to ensure technologies served citizens. and not the other way around. >> members of the committee, thank you for the opportunity to appear before you today. i can summarize my testimony in three sentences. first, using facebook and other social media data in ways that are not transparent to users is not unusual in modern political activity. second, facebook's problems appear to result from a rapidly changing company allowing itself from drifting to forming -- serving developers. third, new regulations are more likely to protect the business from competition than benefit consumers. i will summarize my thoughts on each. the best-known and probably most effective political use of facebook and data analytics are the national campaigns of president barack obama. these campaigns were uniquely capable at leveraging facebook

continue to act apart from that we need to continue a strategic dialogue on the matters of security in cyberspace and economics and that is exactly what we've been busy with together and we've envisaged a very specific action because i'm sure that you noted that was signed about fifty agreement in the economic strategic areas very important ones as well as in the area of the psalmist base we're also going to work to get out in the older tools there develop it and put together a single charge on that within which we'll be able to work resolve for different disputes and it's very important point in such going well for here we've been able to exchange humorous words such a great deal and that. michael understand it when russian the european union during the past decade legible and with going on there is a more precise they were talking about the european union nato and russia and france has always been pursuing an independent conversation which is very strong always which has a very quick on foreign policy so i suppose that the house can act in a very optimal way in order to build anything more abou

this is a skirt this technology itself it labels movements of koreans right now let's say through cyberspace and will do the same thing for your health records or for tracking for example just basically you know something from far all the way to the table it's really interesting the way that this technology is moving and any way you look at it this will be a. around for a while so crypto currencies are not we're going to be looking at launching technology and that is labor intensive in itself and that's something that is can be very very helpful to us in the future so i'm pretty sure we're going to figure out how to put a little bit of space in our energy grids to keep it going you're probably right alex and you know it seems to me they could take all this heat that's generated from all these servers and maybe make that into something useful r.t. correspondent alex mann hyla bitch thank you as always thank you. after nearly sixty years of cuban leadership by either fidel aroud castro miguel diaz can now is elected as president by the cuban national assembly last month has canalis served as f

on the show before the idea that open source should really be prevalent in the internet and in cyberspace as opposed to these walled gardens and of course through the open source project we have saying various projects we've seen the rise of such open source projects as bitcoin accent or a but you started out on wall street you started out as a financial guy and now you're talking about open source software and what's the transition there so in other words the question being that. you are open source is not really a profit motivated technology for the most part you know it's like linux and other open source projects are not profit driven it's more of a community driven it's a communitarian project if you will or as wall street obviously is red blooded private enterprise is there a natural transition to this michael is that it was a break in your the way you think or is there or was there a step by step way you got to this point michael yeah a great question so definitely a step by step process as you know you know being on wall street a lot of people like to say you know there are reasons