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That really target of the preacher was because of steps taken after the first . They actually had on lawful access to for more information that was breached the first time. Breach, call it a except for that one individual. It was not public or circulated. I want to thank the fbi for their very effective that resulted in the successful mitigation within 36 hours. The reason we are not saying anymore is because the investigation the is proceeding great proceeding. Everything was put on the web and put on a public website. The intruder wanted to show how clever he or she was and wanted the world ...

The estimated cost have reasonable defenses, and protection of sensitive information. From a few Million Dollars to as high as 50 million. These figures from other studies get saved. Approximately 100 for every identity stolen. We have 310,000 stolen. Is 310,000 times 100. The question i think mr. Maldon raised, an excellent question, whose shares in the responsibility for protection . It will bankrupt most universities to spend 2030,000,000 dollars when there is no guarantee any way. It is something that should be shared worldwide laying worldwide. Take one example. Social security numbers. S...

A publicprivate ecosystem is built upon good security governance, secure identities and constant selfassessment of one of those. Whether we drive adoption through incentives or directors can we need to proceed net but i urge you, your colleagues and the ministers not to let 2014 expire without adoption of measures that will better protect our economy and our security posture. Thanks for your time this afternoon and for your attention to this important matter of cybersecurity. Thank you very, very much. Because of the unusual circumstances and with the permission of my distinguished ranking mem...

A were missed by management. Maybe because of lack of a sense of confidence, complacence. Theautomated warnings of signals that should have an indication not only of intrusion but the need for action were missed. Cost. As created enormous better management has to come with better technology. Take it by your silence you are agreeing. The other area that has not been too star far is the notification. Breach occurring on 1112, november 12, happened well notification to consumers. Was in a lot of timelyrs, was there enough notification here . What can be done to improve that in the future . Ms. Mu...

We are in london. I am guy johnson. And i am olivia sterns. Also coming up, a bloomberg exclusive. For the first time in three unveilingoschino is its collection in london and not milan. We are finding out why. Brandsporsche is making making moves to preserve its racecar past. We will speak to its ceo as well. First, lets return to our top story. Seven weeks after General Electric made a bid for alstoms energy assets, a story that bloomberg broke, siemens has made a counteroffer. We have the details of the siemens did. Bid. It is a little confusing. Good morning. You are right. This idea that ...