website.a link on her next, combating financial cybercrime. followed by the former president on the lyndon johnson white house and the history of the secret service. this is 50 minutes. >> good afternoon. my name is tom johnson. i'm proud to say along with murray a supporter, i am a cofounder of what we think is the new atlantic press club. today is the second largest press club in america. it is by far the number one press club in america. of the a joint meeting leaders of the commerce club in the press club. the time, he ago, leader ofan and the the, you can idea to bring mediaer the atlanta members, have speakers that would have the message be important to the community. late general betray us and we can go down the list. i knew absolutely nobody on that staff in 1965. i had no political connections. i was not part of the presidential family is in my last name is johnson. [laughter] agent inly for me, the charge of president johnson's protection of the time was rufus youngblood from my hometown. he and i became good friends. hurled,ufus who

website.a link on her next, combating financial cybercrime. followed by the former president on the lyndon johnson white house and the history of the secret service. this is 50 minutes.

report in the past probably underestimate how significant the russians are, particularly for financial cybercrime. these are organizing groups. they are very skilled. there are gangs that are better than most nationstates when it comes to hacking. other law enforcement intelligence officials told us there is roughly 300 people in the world, most of them are russian-speaking, who are at the epicenter of cybercrime, the high end of cybercrime. if you are a criminal, and you live in the west there's a good , chance you'll be caught within two or three years. but he to live in one of these sanctuary states, you can continue to refine your art. the other surprise, the other change, which has been in the press often is north korea. the north koreans develop ed hacking capabilities for political and military purposes. probably about five years ago . they were able to start doing impressive things using malware from the cybercrime black-market. and at some point, some genius in the reconnaissance general bureau figured out, hey, you know what? we can use the same malware. we are breaking into south korea

one of the things we found with the financial sectors, two or three years ago, imf, they identified cybercrime as one of three major threats to the stability of the financial system so all of the central bankers who were there took that to heart and went off and began to work on how they would regulate their banks, so, if you're a multinational bank operating in multiple jurisdictions, you might have 20 or 30 different sets of regulations you have to meet. my favorite is a lot of countries require pen testing, penetration testing, so if you're a multinational bank, you might have to have, you know, 12 different teams every month do a pen test on your system and there's duplication process, your security problems. and finally, we need to figure out some way to deal with the state actuaries, as you know. we've narrowed it down to the hard core. and one of the things, it was a tribute to the fbi, but in countries like the u.s., canada, the u.k., the life expectancy of a cybercriminal is project about three years maximum. meaning if you go into this business and you live in a country where people

financial crime, cybercrime. i would access them right there. we have a very robust staff in washington, d.c. they hook right in to our local electronic crimes taskforces. >> i'm president of a local company here in atlanta. we are definitely seeing an increase in bot technology. private enterprises that join with your organization and follow these folks. randolph: the best place to hook and is with our electronic crimes task force. we are seeing more of those botnets that basically roam the internet looking for open devices they can access. we had a camera hack at one of the municipalities where they lost control of their cameras. that was a botnet. obviously, the ectf will tell you to make sure your software is updated, make sure the patches are on your devices. for the more technical parts, the ectf is where i would go. >> the field office of the greater atlanta area. [indiscernible] [laughter] >> we didn't talk yet about presidential protection. you have perhaps the largest family -- offices in new york and in florida, and almost the largest

financial system. what we're working on in our cybercrime task force within the department is an effort to develop a comprehensive strategy to do with that, with the reality that increasingly every case we deal with winds up being in one way or another cyber case, either executed to cyber tools or the proceeds are transferred electronically or the evidence is stored electronically. our cyber task force will look at a whole range of issues, including cyber intrusions and botnets and ransomware and many of the challenges that your data with on a regular basis. >> you mentioned cryptocurrencies, , some commentators have referred to them as anonymous currencies and, of course, one of the motivations that users or purchasers or sellers of that may have besides speculation and profit is anonymity and perhaps anonymity to mask criminal activity. do you have a concern about how worried people should be about anonymously currently being used for criminal activity? >> every new technology finds early adopters and people with criminal intent, and cyber currency is no different. it's not true that anything is really fully co

financial system. so, what we are working on now with our cybercrime task force within the department is an effort to develop a comprehensive strategy to deal , where every case increasingly we deal with and that being another cyber case. tools, orcyber the evidence stored electronically. our cyber task force will look at a range of issues, including cyber intrusions and botnets and ransomware, and many of the challenges you are dealing with on a regular basis. moderator: you mentioned crypto currency and some commentators have referred to them as anonymous currencies. one of the aspects of them is anonymity and perhaps anonymity to mask criminal activity. do you have a view or concern about how worried people should be about anonymous currency being used for criminal activity? rod rosenstein: i think every new technology finds people with criminal intent. and a cyber currency is no different. of course, it is not true that anything is really, fully, completely anonymous. we almost there are ways to trace criminal activity. generally speaking, it is not necessarily just about cyber security. people he trails

the us breaks a cybercrime ring that traded stolen bank details around the world. this is the situation on the financialkets. in europe, down across the borders that volatility continues. and, with health services increasingly stretched, could home testing kits like this one help bear the burden? and, our twitter question of the day — are you fed up with fake news? should tech companies be doing more to keep your newsfeed fa ke—news free? that is a tongue twister! just use the hashtag #bbcbizlive. hello and welcome. we start with the growing backlash against social media companies over their role in the spread of fake news. today executives from facebook — youtube which is owned by google — and twitter will be questioned about the issue by british members of parliament at a public hearing in washington. critics have given the tech giants an unflattering new acronym: baadd. as in big, anti—competitive, addictive and destructive to democracy. last month, facebook reacted to criticism by refocusing on updates from friends and family, rather than news publishers and brands. it says that has led to people sp