Hit the Big University of connecticut exposing thousands of students will security and credit card details. Former white house staffer is with me now. Why the university of connecticut . Here is the thing. Backers have realized where is the next treasure trove it is a little easier to break into the in some of the other industries and colleges and universities. Everything about a students not just their major but if they apply for financial aid, their parents information, students information it sounds like they were there almost two years as well so food knows how much information and the bad guys got away with. Happening in in september 2013 so it intruders had a lot of opportunities for the data that they stole. Why did it take so long to pinpoint . Backers have changed tactics they are not is not easy when they breakin they dont try to run out the door at the same time. There watch how the systems work and the security works then they will find different ways. With legitimate employees or credentials. And under the guise of legitimate credentials. But his other peace theyve never be able to trust this network again. Now they can put themselves into the system files and stayed there to come back again. Deirdre how do we know it is tied down . We dont know until the investigation concludes. I caution organizations when they say china or russia or pick a country. I cannot send traffic to any country in the world. Oh lots of hackers know that china is in the forefront of us discussion but and tell the for the six continue what is the native language of the hackers . What tools techniques with those fingerprint match bids. To know that it was just right now. Deirdre will receive more of these attacks . Absolutely. One every organization id needs to realize if you are connected to the internet with one piece of data that is of value. They will find a way to monetize or a way to have somebody else. This will continue until we take matters into their own hands. These kids not just after you trust godfrey credit reporting but freeze their credit from the university standpoint to be openminded and trusting whether from vendors with Access Controls to lock up the data to take a lesson from today with critical questions and who might be after it . To make the engineers will help you to discover that i guess they will start to tap the in court in house resources. State of the scene one week after the white house said it will not retaliate, the president plotting to take action according to the new york times. Retired the Nicole Petallides kernel is with the now. Why this reversal of opinion and action . Probably pressure that 22 Million People information was half to including my own as a guy who used to have security clearance. So i think the white house and the congress deciding they have to do something. But china has maintained that they have come out with a statement so what can the Obama Administration in really do . Is there a symbolic response . Or something more aggressive . I think it is symbolic gabfest. They dont want to get into a tit for tat. The especially with the business sector but maybe excuse my term but maybe we can bitch slap them a little bit. But i think they knew from china but the only way we counter those is fast and aggressive with the unquestionable response. Deirdre so in other words, we have to make it uncomfortable for anyone attacking us were to think twice about doing it again. Exactly. With a chinese or the russians or the iranians labiate kid in the basement but if were not able to stand up almost immediately to do something to them they will continue to do this forever. Deirdre retired Lieutenant Colonel here with us on the latest with Cyber Security. Microsoft investment why uber has a valuation of 50 billion breaking for the wall street journal are they the nubia tough best friends . May be more Business Partners trying to push its own technology we hear the latest financing round looking for Bank Technology partners. Microsoft is not known as that cutting edge but they are one of the few Large TechnologyCompanies Working on maps specifically with their mapping division. Last month or in in june uber was acquiring other assets but microsoft and uber worked out an arrangement where microsoft will invest it and it uber. We dont know if theyre going to work forward with there definitely partners with microsoft and owning a hard to come by stake in uber. Deirdre looking at it from the microsoft angle does this legitimize that microsoft is had to be free because nobody would pay for it so that brings them back to the Cutting Edge Companies . I would not go that far but it calls to mind an earlier investment the former ceo invested in facebook that was only added 15 billion valuation that turned out to be very lucrative. So perhaps it could potentially have good financials to make can look smart. Deirdre and this challenges google because we know that they made an initial investment in touche uber but now they are also moving towards its own self driving a car so uber need to other partners to write big checks this is the interesting story the early investor is now looking like a competitor. So with uber trying to distance from google, is uber taking money from microsoft because the enemy of my enemy is my friend principle. That is a juicy story. Deirdre diplomacy important even with the tech companies. We will bring you uptodate with breaking news p. R. Is officially in default 628,000 is a fraction of the 58 million that was due and moodys says that p. R. Has defaulted and of course, we do have official saying we dont want to default we do not lead to a deficit spiral to start. We will bring you uptodate with the headlines. But muskeg is a warning about using military robots but my next guest says he is making a big mistake. The g. O. P. Debate is on thursday in one of the candidates joins us tonight with his plans for america. Stay tuned. This allergy season, will you be a sound sleeper, or a mouth breather. A mouth breather well, put on a breathe right strip and shut your mouth. Allergy medicines open your nose over time, but add a breathe right strip and pow it instantly opens your nose up to 38 more. So you can breathe and sleep. Add breathe right to your allergy medicine. Shut your mouth and sleep right. Breathe right and look for the calming scent of breathe right lavender in the sleep aisle. Having a perfectly nice day, when out of nowhere a pickup truck slams into your brand new car. One second it wasnt there and the next second. Boom, you had your first accident. Now you have to make your first claim. So you talk to your Insurance Company and. Boom, youre blindsided for a second time. They wont give you enough money to replace your brand new car. Dont those people know youre already shaken up . Liberty mutuals new car replacement will pay for the entire value of your car, plus depreciation. Call and for drivers with accident forgiveness, Liberty Mutual wont raise your rates due to your first accident. Switch to Liberty Mutual insurance and you could save up to 509. Call Liberty Mutual for a free quote today at see Car Insurance in a whole new light. Liberty mutual insurance. Deirdre here are some of the stories were following. Twitter shares touching a record though as the company went public 2014 but shares plunged today down below 30 a share for the first time in more than a year. That makes its a takeover target for the president unveils the major Climate Change plan aimed at large reduction and some of green cop Greenhouse Gases the epa estimates it would cost around 8. 5 billion. Joe biden has begun to actively explore enactive president ial campaign. Provided has been Holding Meetings about jumping in to challenge clinton in iowa and New Hampshire he could pose the biggest threat as the front runner to Hillary Clinton. 4517 a barrel below lists continuing the trend a reduction of 50 since the fall. The teacher of modern warfare is like any other Industry Technology will play a big role. Last week were than 1,000 researchers signed a letter to the when asking for a ban on the development and use of autonomous weapons. My next guest says that will stabilize. Fate you for joining us. Why do you disagree with the best and brightest . I dont disagree with this sentiment but i disagree with the adl how effective it is. The book there is at least 21 Different Cases of working on this weaponry and the reason is not because they think it is cool but it is to be useful so with this Letter Writing Campaign has to overcome the idea but also it is unjust of military but private businesses and Companies Like google and amazon. If this plays out in the civilian sector. Deirdre how canopy make it so only the right to armies are building these . Who is the judge . You just put your finger on the problem. Every technology has been used for good and bad weather a stone or drone. From the u. S. Military to isis but what makes the technology so challenging as it has low barriers to entry. So looking at a future conflict with a small war or bid for the wall have this technology that is of very big difference. Plan does it mean to go into a war that you are not a generation . And when we see this technology in the battlefield . We already see robotics in the battlefield writedown in the war against ices everyone from the u. S. Military that has followed drones looking forward to the 20s you will see technology that is more autonomous not just the cars that we drive on highways but the drones are out there in the battlefield. The u. S. Navy to a coughing and landed from the aircraft carrier. But that will move into a future war. Tried neck has three different strike programs that are not made and. If we fight them they would use this technology. So if there was a war it would be blind to see a mix of man and machine. Not just Robotics Systems but the me and systems become more robotic we have cars right now that can Parallel Park but u. S. Navy is building a new warship onetenth of the size because it is so highly robotic. Deirdre thank you. The author of his latest book. Looking at the correlation between earnings and performance with 65 companies, as stocks swinging up or down at an average of 5 immediately after. The highest volatility on the front since 2012. One minutes on the clock. It is important concept reverting to how closely a given Stock Movement tracks those of the larger index. In a period of high correlation, like a flock of birds one turns a little bit they all turn a little bit. One turns dramatically then they all do but like a herd of cats is a low correlation and the reason this is important to transition from a high correlation to a low correlation because over the last few years hasnt made that much difference exactly which stocks you own because they all acted like the you have to be a lot more careful of about the of portfolio. Deirdre but most importantly why is this happening now . You are peeling back quantitative easing to come up th tat tai anhe c seehatvery clearly. Up until very recently it did not matter it was still with of flock of birds. Then it matters dramatically if you disappoint youd do way worse. To see that the investor can do that. In matters so you want to be and more concentrated higher position not the broad based etfs and index. Deirdre and the author of the alternative answer. The Greek Stock Market opened for the first time in five weeks dropping more than 20 percent if you minutes into the open and banking stocks were the worst. Here to discuss the of volatility thank you for coming and. Soda to talk about correlation whether greece or china we are bottoms up with a focus on fundamentals. Said to be down by 16 percent with the of volatility. They cannot go out to buy a great debt said that is the opportunity . But for corporate debt so what we do is focus on paying gloms. Usually to like chuck e. Cheese cheddar u. S. Based focused anywhere between three or 6 percent. Deirdre if the fed moves september or december what does this mean . It does not have to ration so it is dependent on the corporate underlying how they react unlike other asset classs that our inflationary or the high rising rates with real estate or commodities there is a lot of volatility commodities go down. Inflation and protect did security. Semi the best idea . We like Corporate Credit triple be investmentgrade credit with our spread and if they are interestrate sensitive type of assets. Deirdre we will continue the conversation another time. From Pacific Asset management. Uber may be recruiting your grandparents. Older drivers may be safer drivers. Former governor gilmore announced as the 17th candidate. Next. Can a business have a mind . A subconscious. A knack for predicting the future. Reflexes faster than the speed of thought. Can a business have a spirit . Can a business have a soul . Can a business be. Alive . Protect and manage your home. 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Call a digital life specialist to learn more. Deirdre 17 republican and candidates running for president and with us now the latest contender former virginia ad governor is with us. Glad to have you with us. You are entering a crowded field. What you hope to gain and why now . I hope to gain the ability to turn the country around from the decline it is said with the safety of americans and american interests as the decline in the economy. It never has recovered from the recession and i think i have the credentials to turn this around. All my life i have fought on behalf of my state in my country as the United States army veteran, chairman of the National Committee of terrorism on the misstates and the governor during the 9 11 in attack and i know how to do with budgets and how to do things so i have been in a position in and right now i see a decline in america. Deirdre and governor, the background as the Army Intelligence officer, every talk about that on this Program Every single day what is the number one thing that could be changed right now to better protect american . The need to hire more engineers . The budget . How can we improve Cyber Security right now . We will have to recognize with president ial leadership of the nature of the society that we live in. I was known as the Technology Governor because i pushed for rural policies and programs and cyber issues to recognize opposition people can unto was right now but the chinese situation. They invaded our records with those of the security clearance with no repercussions. In example of the decline of the United States because of the Obama Clinton foreignpolicy. The best way to get america back is to remove the sequester limit from the Defense Department to put washington in to the restoration of american strength that will require the restoration of the economy. Deirdre spend more on defense. If you could change one thing the first order of business . Restore the American Economy. We are discouraging business you heard Hillary Clinton and talk about trying to attack business in this country with the income inequality with her marxist ideas but you have to make sure your the Free Enterprise system to make sure to put in policies that dont discourage investment by restoring investment that means more productivity or jobs and higher wages. We cannot have a Real National security until we restore the American Economy with a better quality of life and a strong period economy to protect ourselves deirdre you used to be chairman as well of the republican National Committee. What did you make of donald trump . There are so many republicans to keep waiting for his campaign to run out of steam but it is not. Is you what the public once . I think he has struck the under of resentment and anger. I dont have any interest in that but i have an interest to make the country better and responding to the in iran and resentment with genuinely posit