. >> reporter: renee james president of intel corporation was an early advocate for enhancing cyber-security. those views are now mainstream in the technology industry. >> we talk about it everywhere. it's what everybody is talking about is how to solve some piece of this. so i don't think it's alarmist. i think it's the topic we're going to be living with for probably the next decade. >> reporter: the president's executive actions cannot take the place of federal legislation establishing cyber-security and liability tbooid lines scott. this is one area where the white house and the republican-led congress believe they can find common ground. >> pelley: chief white house correspondent major garrett major, thanks. we heard today a harsh indictment of the failings of mental health care. it was in the final report of the commission studying the murders at sandy hook elementary school. after two years of study the report identifies failures that still pose a threat. here's elaine quijano. >> reporter: the day adam lanza shot and killed 20 first graders and six educators, the report said he had p

asha banga who is the ceo of mastercard, peter hancock, who is the ceo of aig renee james who is the president of intel. leo connor who is the leader of technology. so let's jump into this. my first question renee, is for you. what is your vision for how technology can create a more secure environment and protect data? >> thank you. we have been working on improving the baseline of security and computing for about the last decade. billions of dollars of investment. so our vision is really we'd like to get -- just get a baseline of security for everybody, and to that end we've made significant investments in the security industry, but more importantly, are moving forward with initiatives like giving away free mobile security, putting in multifactor authentication into all new computers, things that we really think will help consumers if it's just there and it's available for them instead of forcing them to have to go out and make decisions about what security what they should put in what are these crazy things. just make it easier for them and just raise the baseline so we can get ever

with renee james there, the president of intel on an important day for cyber security for all of us.big rally this week helping the s&p 500 close at a record high. what will next week bring? what you need to know when we come right back. stay with us. ok, if you're up there, i could use some help. smart sarah. seeking guidance. just like with your investments. that sets you apart. it does? it does. you're type e*. and seeking another perspective is what type e*s do. oh, and your next handhold... is there. you don't have to go it alone. e*trade gives you the support and guidance to make informed decisions. are you type e*? know that chasing performance can mean lower returns and fewer choices in retirement. know that proper allocation could help increase returns so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement. know where you stand with pnc total insight. a new investing and banking experience with personalized guidance and online tools. visit a branch, call or go online today. >>> welcome back. time for quick fin

renee james from intel is here, the president, all kinds of top security people here.ink, you know, the big names, mark zuckerberg from facebook, ma marissa mayer from yahoo! and larry page from google, they are not here. but you might not expect them at a summit like this and at the same time, probably two years ago, they would have been here. >> yeah. maybe they'll -- hopefully save their energy for the re/code conference, a different story. >> we'll see. >> let's move on to xiaomi preparing to bring products to the united states. we're wondering if we need to start getting ready to cover some big xiaomi/apple trial. how will this work? >> yeah. you know they're not bringing the phones here yet and i think the patent issue is one of the reasons. they talked about a range of things including the community, they call themselves an internet company. they don't like being called a handset company. that said there's all kinds of issues around the patents and expanding in brazil and other fast-growing countries so we're not going to see handsets here but they're going to s

. >> rene james, president of intel corporation was an easterly advocate for enhancing cyber security. those views are now mainstreamed in the technology industry. >> we talk about it everywhere. that's what everybody is talking about, how to solve some piece of this. i don't think it's an larmist. i think it's the topic we're going to be living with for the next decade. >> the president's action cannot take the place. this is one area where the white house and congress believe they can lead to common ground. for "cbs this morning: saturday," major garrett at the white house. >>> let's take a look now at the new federal agency. the president designated the center to coordinate and connect the dots for agencies fighting cyber attacks. sean henry is a former director and assistant to the fbi and head of the cyber bran he's now the head of security. good morning. >> good morning. >> what exactly is this agency going to do? >> put in place plans with those agencies. they're operational. they're collecting intelligence. they're trying to operate to mitigate the threats from these hackers t

on jay who is the ceo of mastercard peter hancock who is the ceo of aig, renee james who is the presidentintel and new low o'connor who is the ceo for the center for democracy and technology. so let's jump right into this. my first question when i is for you. what is your vision for how technology can create a more secure environment and protect data? >> thank you. we have been working on improving the baseline security and computing for about the last decade. billions of dollars of investment for sewer vision is really we would like to get just get a baseline of security for everybody and to that end you know we have made significant investments in the security industry but more importantly are moving forward with initiatives like giving away free mobile security, putting in multifactor authentication into all the computers, things we help consumers if it's there and available for them instead of forcing them to go out and make decisions about what they should put in and what is multifactor and what are these crazy things and just make it easier for them and raise the baseline. one of th