tim lavin. defining what cyberthreats exist out there, pardon me, where they are what can be done to protect all of us. and i will -- with that, turn it over to tim. >> thank you, trish. good morning, everyone. we have an excellent panel here this morning. we have wade baker, manage principal of research and intelligence from verizon. we have mike allen, founder and manager director of beacon global strategies. mike leiter, and bob butler from the center for new american security adjunct senior fellow with technology in the national security program. to start, i think it's safe to say that the past year has not been a great one for cybersecurity. we had target, ebay, neiman-marcus, snapchat, chinese hackers, iranian hackers. what accounts for what seems like a surge in malicious online activity of all kinds recently? wade, start with you. >> i would actually say it's a combination of things, some of which is a change in the threat environment. i think there's an increase in attacks that comes thr

i'd like to introduce my colleague, tim lavin from bloomberg news. is nextel is all about finding just exactly cyber threats exist out there, pardon me, where they are and what can be done to protect all of us. and i welcome with that, turn it over spent thank you, trish. good morning, everyone. [applause] >> we have an excellent panel this morning. we have wade baker, managing principal research and intelligence from verizon. with mike allen, founder and managing director of the beacon global strategies. mike leitner -- michael leiter, and bob butler on the center for a new american security, adjunct senior fellow with technology and the national script program. gentlemen, to start i think it's safe to say that the past year has not been a great one for cybersecurity writ large. we a target, ebay, neiman marcus, snapchat, chinese workers -- hackers, iranian hackers. what the council it seems like a surge in malicious online activity of all kinds recently? wade, let's start with you. >> i would actually say it's a commendation of things, some which i