the reality is a shark has hurt someone unlike cyberterrorism. squirrels have taken down the power grid more times than the zero times that hackers have so we have this imbalance in the threat but also how we structurally respond whether it's her spending when it comes to budgets and the more focus on certain agencies to the decision-making question and the white house you have got 12 people on the national security staff the nsc working cybersecurity questions. you have got one on the economic side who also by the way has responsibility for things like copyrights etc.. so we very much need an approach that is both informed and balanced. >> the next question over here. >> thank you. richard downey and thank you for a very interesting discussion. you mentioned a little bit about corporations and how they protect, how well they are or are not detected. intuitively you would just assume that large corporations are banks that have lots of resources would do what was required to protect themselves against these kinds of threats. and i have seen this,

director clapper, it is following up on what senator mikulski race, i think the challenges around cyberterrorism and cyberthreats by the public report put out a year ago about coming out of china and russia. i believe you stated last year that you thought the effect of cyberattacks on america were estimated at close to $300 billion in economic damage. that damage in terms of direct attack, but i also think we see time and again cases are intellectual property is taken and competitors are able to enter into the marketplace, basically leapfrogging over the whole r&d staff because they feel are intellectual capital. we now have seen in a series of committees, including banking committee, looking at some of the data breach is talking now about 7 million potential data information at target alone. target disproportionally was ill-equipped. this is an indication the industry by industry, these attackers can find the weakest link and even companies doing the right thing, as their colleagues in the industry are not keeping up to standards, there is a challenge. do you have any sense if you or anyone els

million times talking about cyber 9-11 or the 31,000 news and articles that have been written about cyberterrorism. despite the fact no one has been hurt our or killed. it is like shark week where you are 15,000 more like to be hurt by your toilet. squirrels have taken down the power grid more than hackers. so whether it is the spending and budget and the focus on certain agencies to the decision making question. in the whitehouse you have 12 people on the national security staff working cybersecurity questions. and one on the economic side who has responsibility for copy rights as well. we very much need an approach that is informed and balanced. >> next question over here. >> thank you. richard downy and thank you for the interesting discussion. you mentioned corporations and how they are protected or how well they are or are not protected. and you would just assume large corporations or banks with lots of resources would do what is required to protect themselves against these threats. ... is a cybersecurity maturation model that measures how prepared organizations and even countries are against

chairman, a cyberterror. it is absolutely imperative that congress pulled together to pass legislation that gives our government the tools to work with private industry, which is a huge partner in this on solving this problem. congress is the last part is then. there's been all kinds of problems by bills have passed. i know senator lieberman and my dear friend, senator collins can have a bill in the senate that they couldn't move. you just told me that there may be some chance of moving the bill here. i hope so. godspeed. because we are way behind in adapting to and preventing cyberintrusion, especially in the private sector. sadly, the leaks by edward snowden have given her toolkit to bad guys and this is pernicious. in conclusion, the threats today are different. they are in a smaller scale, but they are very serious and we have to keep focused on it. we need a whole of government approach is not jazz or more than we need economic approach in my view. and less partisanship is a huge obstacle and i urge this

chairman is cyberterror. congress pulled together to pass legislation that gives our government the tools to work with private industry which is a huge partner in this on solving this problem. congress has been a last extremely partisan. there have been all kinds of problems why bills have been passed. i know senator lieberman and my dear friend senator collins had a bill in the senate that they couldn't move. you just told me that there may be a chance of moving the bill here. i hope so, god. >> as we are way behind the curve in it understanding and adapting to them preventing cyber's and sadly the leaks by edward snowden had given some of our toolkit to the bad guys, our technical toolkit and i think this has been pernicious. so in conclusion the threats today are different. they are on a smaller scale but they are very serious and we have to keep focused on it. we need a narrative than the whole of government approach as much as or more than we need a kinetic approach in my view. endless partisanship is a