joining us is michael riley, who broke the story. this is incredible that a nation-state could be behind the attack. >> you look at what was stolen, social security numbers, e-mail addresses, addresses. is the kind of thing the criminals would normally go after. you now have 80 million of them. it's not the kind of thing you would think that normally spies would want, but it seems to me that the u.s. government is considering this as part of a larger mosaic where chinese cyber spies are stealing all sorts of medical data from pharmacy companies, from hospitals. they seem to be building these giant databases they can cross reference for basic espionage purposes. some of them might be to get into the computers of a select group of people and some of them might be to build larger profiles. >> are we to imagine that if china is the culprit, they are building a database of every u.s. citizen or are there particular things they might be after? >> i think they are after a much smaller group of people. these big insurers, hospital chains, ph

decision makers in the next hour, one of the two fcc commissioner who voted against net neutrality, michael riley, his biggest fear about the internet. speaking of fear, are we on the cusp of a cyber apocalypse? we're concerned in the next decade or perhaps sooner we'll experience an armageddon-like cyber event that causes a disruption in the financial system for a period of time. he said this in a speech before columbia law school. how likely is that type of attack and where will it come from and what can banks do to protect themselves and if them, if not them, what about you? david kennedy, he goes by hacking dave. he is a founder and ceo and gary to you first. you've worked with government and fought cyber attacks. tell us now who and why would it happen? do you believe it's a reality, an armageddon style cyber attacks? >> the top 100 banks are absolute targets by cyber terrorists and cyber criminals. they monetize by stealing and money laundering and can do it with the weapons of war being digital bits and bytes of malware and others want to steal our identities and sell them on the black mar

also michael corn and heather riley. this is an honor to work with them every day. lot of fun as well it is a real honor to be before you tonight to receive this award is impossible for anybody in my position when it is to think of the journalist that's every day are risking far more and than those us in washington and new york. at least 61 killed over the last year including james foley and stephen so the love a lunch kidnapped journalists all over the world. many trained by the national press foundation who are putting their lives on the line. putting their reputations on the line. and families at risk to hold people to hold institutions accountable and that is amazing work i am also grateful for the chances to be doing this work. you know. i start odd the other side since the first half of my career in politics. i think back to my beginnings at abc news now 1997 moving closer to 20 years ago a lot of people were not very sure that i could do this. including me. i got hazed a little bit charlie gibson my first day on the air. pretty pointed questions and peter jen

dom riley and of course michael johnson. we are going to take a break.g up here, more on bloomberg. if you're listening "the first word" is up next. if you're watching, we have another great hour coming up. we have an exclusive interview. last time around, in the last election, he did the work for the labor party. this time around he is not doing the work for the labor party. what does kevin roberts have to say about the political story in the u.k. and the advertising market we find ourselfs in currently. he is coming up in the next hour. plenty more on bloomberg television. ♪ guy: i see a bad outcome. ek chancellor george osborne tells bloomberg about his fears over greece. ubs tumbles after cautioning that a strong swiss franc could hit businesses. we talked to shadow chancellor ed balls. good morning to our viewers in europe, good evening those in asia and a very warm welcome to those just waking up in the u.s. i'm guy johnson. this is "the pulse." we are live from bloomberg's european headquarters in london. europe is waiting. holding its breath for

i that shep in practice but riley and magic told me know your place and get in the paint. michaelper and magic can do that. >> well, that explains everything right there. we now know the key to clay's prophecy shooting the threes. all his dad's genetics and i'm glad i had a chance to catch up with michael thompson to set the record statement the was a 6'10" center that can shoot the threes but the lakers wouldn't let him. we'll talk to steph curry. live in the barkley center? brooklyn, larry beil seal you at 6:00. >> we'll take a brief time-out before we let the links at pebble beach. ♪ ♪all day and all of the night - the kinks♪ ♪all day and all of the night - the kinks♪ yoplait. with a smooth and creamy taste your whole family loves. it is so good all the time. >>> let's head to pebble beach third round action of the at&t pro am where celebs pros trying to make the cut. alex smith caddied for jim hard harbaugh. brandt snedeker had a share of the lead. nick watney, two back. 7-under 65. this weather, low score. his playing partner, buster posey, bogeyed. buster makes the cut so wi