Security, certainly the military has used forms of encryption for decades. But can we can you give us a contemporary snapshot of how encryption used by government or nongovernment users protect us against cyberattacks today . We can start over here, please. I will answer the question, but im not at all the expert in this space. I think the other panelists are much more expert than i am in the notion of encryption and protecting our infrastructure. The one point i will say that i tried to emphasis in my Opening Statement is that we shouldnt forget about some of the changes that are happening in terms of the way that infrastructure can be accessed. I think we sometimes lose sight of the fact that phones themselves now are used as authentication devices. If you can break the encryption and get into the phone, that may be a very easy way to get into the power grid, to get into our transport systems, into our water systems. So its not just a question of the firewalls or the access. Its what
Enough, heard about it enough, it has enough complexity, just be done with it. I think in this case, what were doing right now in iraq, while it may not be sufficient, is certainly on the right path. I saw a hand all the way on the aisle at the end. Yes, maam. Thank you. Question about u. S. Presence in the region. You seem to indicate that more of a naval presence would be the way to go to reassure allies. I would just like you to elaborate on that and when you look at increasing a u. S. Presence, whether at sea or on the ground, combined with more u. S. Weapons going to allies in the region, where do you see that heading . What is the really, whats the worst possible outcome . Yeah, well, let me also add least address the best possible outcome. I can do it with an example. Several years ago, i was reading again all the reports coming out of tehran, mining the gulfs. Remember that word . We have Coastal Defense cruise missiles. It was about mining. I called my fleet commander and i sa
The World Health Organization declares the Ebola Outbreak an International Health emergency, warning the virus will continue to spread globally. And the stock trading higher in front thanks to a drop in revenues. The firms cfo tells cnbc hes backing bill gross to turn around the funds performance. Youre watching worldwide exchange, bringing you Business News from around the globe. Hello, and welcome. Youre watching worldwide exchange. Julia still on vacation. Im going to be filling in for her for the rest of today and next week, of course. Weve got a very busy show for you today. Turkey prepares to shoate. Wage his political grip on the country. Plus, as the w. H. O. Declares the Ebola Outbreak a Public Health emergency, how is the virus actually treated . We find out. And are we amid a Market Correction . We preview your trading day with a guest who thinks the moves are much ado about nothing. Lets get back to our top story. U. S. President barack obama has authorized air strikes agai
There to find their way into the site. But i am keenly aware when i write about china now i am being read not but just by my motherinlaw but by chinese. And i think that does raise your game. Again, i hope by it takes me back to a that you question ducked earlier on new technology and the effect that has. The New York Times benefited from the wikileaks story. The New York Times decided that it would send a team of reporters to another newspaper in england where the information already was, so it was no act of journalistic genius to go over there and pick up that information and then put it into the times. So what does that mean about the times and a fitting from wikileaks . Is that a good thing . Are they to be proud of the fact that they made that decision . You should really ask Arthur Sulzberger that. Bill keller. He was seated here, and i did ask him. What did he say . He made an effort to answer it, which is more than you are doing. [laughter] you see, im trying to understand. The
Does matter from a lot of perspectives and makes us more capable if we do it right which is the key. I think escaped one up there. A partnership and collaboration. We are not doing this without partnership. There is person back there that talks to me more about the publicprivate partnerships. That is a we are doing right now with some of the folks. I think that is the key to a lot of our future. Proactive versus reactive. I cannot even jump on that. Proactive has to occur on both sides versus reactive. There is a global context. I am not sure everyone understands. I would argue that some parts of industry and not fully understand the impacts of that particular piece. But i think it gives the market. That is an important part. Road map with midterm and far term. We made a conscious choice that dynamic sharing in this last spectrum change was not available to us from both a technological side as well as the regulatory side. In the next change i think that it will be which is a critical p