Detailed text transcripts for TV channel - CNN - 20170716:17:30:00
Central bank. the hackers got away with transferring $81 million out of the bank for being stopped. jpmorgan chase sent $600 million in 2016 on cyber security up from 200 million in 2014. at a security summit in 2015, the head of ibm said cyber crime by definition is the greatest threat to every profession, every industry, every company in the world. according to one 2014 estimate the annual global cast of cyber crime was $375 billion. that cost could balloon to $2.1 trillion by 2019. not surprisingly cyber crimes also represent a measurable percentage of gdp. in the u.s. it's .64%. in the net...