distinguish group of security experts led by former department of homeland security secretary mike chertoff and bill perry, g across both parties, issued a stark warning. and i quote, the constant barrage of cyber assaults has inflicted severe damage to our nationalic n national economic security and privacy of individual citizens. worse. inaction is not an acceptable option. end quote. i agree. the bill is the product of hard work across both and committee jurisdictional lines. i particularly want to thank my colleague, senator collins an s rockefeller, intelligence committee chairman, dianne feinstein forll cooperative work in getting us to this point the we are going to be privileged to hear from all three shortly. i also want to thank, senator carper, not here yet fo ldershi contributions to this effort. and i want to thank the witness whose are here, we have chosen -- the witnesses, deliberately -- because nay have hold differing points of view o legislation, we have crafted. and the challenges we face. and we look forward to their testimony. so, this act of 2012 does several important