[inaudible conversations] good afternoon everybody. And everybody who is looking at us virtually and everybody in line in the security line trying to get in. And everybody who will be watching sometime soon on a cable network. So i am jane harman, president and ceo of the Wilson Center and today we are probing a very complicated issue that is in my view d valvoline policymakers in washington and all over the world. At least three parts of the problem are the u. S. , china, and the 5g supply chain. The Wilson Center has just produced this is a prop, a spectacular policy brief by Melissa Griffith who is in the front row, and we will see in a little bit which is entitled there is more to worry about the huawei. I think you get the just of this. And she will explain in detail but run, do not walk to read this. Meanwhile, what captures the attention around 5g is that Chinabased Huawei has led the way in developing the superfast networks which will power self driving cars, virtualreality and
Good afternoon everybody. And everybody who is looking at us virtually and everybody in line in the security line trying to get in. And everybody who will be watching sometime soon on a cable network. So i am jane harman, president and ceo of the Wilson Center and today we are probing a very complicated issue that is in my view policymakers in washington and all over the world. At least three parts of the problem are the u. S. China, and the 5g supply chain. The Wilson Center has just produced this is a prop, a spectacular policy brief by Melissa Griffith who is in the front row, and we will see in a little bit which is entitled there is more to worry about the huawei. I think you get the just of this. And she will explain in detail but run, do not walk to read this. Meanwhile, what captures the attention around 5g is that Chinabased Huawei has led the way in developing the superfast networks which will power self driving cars, virtualreality and other cuttingedge technology. Since Chi
The rules say you have to be 18. Is that fair . We want to hear from you. Varney company about to begin. Charles lets get right to the big story. Joining us now is lieutenant colonel. The president of the Federal Reserve said that the cyber sick erie it he is what keeps him awake at night. Do not blame the russians. Why would they not look into these secured networks if we allow them to we would love to do this to the russians, but prudent administrative networks are much more secure. We just had a situation. The former secretary of state Hillary Linton had an insecure email network of her own and which he was conducting the most important foreign business policies of this country. White house is going into damage control mode. I am a former Intelligence Officer. If i can add an access, the white house administrative networks it struck the administrations priorities for you. Charles that makes a whole lot of sense. What is going on . The number one problem in this country is cyber secu
Must act to pass Data Security and breach notification legislation. The administration has proposed similar legislation. Congress must act again and we must ensure that such legislation makes its way to the president s desk for signature. To that end, im most interested to hear any opinions of the f. T. C. And what they may wish to share to us. All my questions this morning will be addressed to chairman ramirez. Now, chairman, in your written testimony, indicates that the commission enforces a variety of statutes such as gramleach bliley and Privacy Protection act. Do any of these acts require an f. T. C. Entity whose collection of personal identification has been breached to notify customers . Yes or no . No. That is needed, i assume . Yes. Absolutely. Now madam chairman, do any of these acts require notification of the federal trade commission or Law Enforcement in general of such a breach, yes or no . No. Madam chairman, should the Congress Enact a federal Data Security and breach n
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