drive we learned last week that the security problems with u.s.b. devices run deeper than we ever thought in fact the risks are built into the core of how these little sticks operate and if you've ever casually accepted a u.s.b. that was in any other device then your very own your system's probably been compromised pretty scary stuff and that's because malware which can be installed on any u.s.b. resides not the flash memory storage of the device but in the actual equipment that controls its basic functions and an attacker can remain hidden from your machine long after the memory stick is removed and the contents deleted it's very very scary stuff and will be looking into it along with many other encryption security and hacking issues all later this week. now speaking of cyber security i want to share with you a bit more from my wide ranging discussion that i recently had with cryptologist bruce schneier now it seems appropriate as the black hat twenty fourteen conference the most well known technology security conference in the world like i mention

stalled on any u.s.b. resides not the flash memory storage of the device but in the actual equipment that controls its basic functions and an attacker can remain hidden from your machine long after the memory stick is removed and the contents deleted it's very very scary stuff and will be looking into it along with many other encryption security and hacking issues all later this week. now speaking of cyber security i want to share with you a bit more from my wide ranging discussion that i recently had with cryptologist bruce schneier now it seems appropriate as the black hat twenty fourteen conference the most well known technology security conference in the world like i mentioned is celebrating his seventeenth year in las vegas right now so bruce and i talked about embedded computing systems open s.s.l. and his theory on an essay reform take a look. well they're already in refrigerators the new things go to putting them on the internet this is the internet of things as computers get cheaper it becomes cos

at surrogates itself out of quantitative easing, however that -- u.s.b hormats, however the gets itselfasing. slowly, but atg least we are doing it, so the u.s. is actually in a stronger position vis-À-vis the rest of the world. people have a general sense of where the fed is going, how it is going to do it, and when it is going to do it on clear, but i think the fed is a steady and courts for the world these days. >> certainly compared with some of the other central banks. our twitter question of the day today -- what will be more influential in the 2016 election -- fed or foreign policy? tweet us @bsurveillance. ♪ >> good morning, everyone. he will be trout-lag. that is what happens when you come from jackson hole. sternhenry, and whnyu's school of business, he will be with us monday. peter henry i am sure with some important thoughts of the yellen and draghi moment. >> this is "bloomberg surveillance." i am scarlet fu here with tom keene and adam johnson. our guest host, robert hormats, former under secretary for economic growth. let's get you copy news from the files of "bloomberg w