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With more on both those stories. good morning. good morning. let s look at markets, first of all, and yes, indeed, they did react positively to yellen s testimony. in fact, we saw the dow jones industrial average soar to a record high, while the s&p 500 and the nasdaq also finished up. what did they like? they liked the fact that the message overall was moreovish than they had been expecting. is is really with regards to yellen s plan for winding down the fed s $4.5 trillion balance sheet. she basically said this will be a gradual process likely to kick off later this year, and she simultaneously says that interest rate increases will also proceed gradually. let s head to verizon. security firm zd net has said that up to 14 million verizon customers may have had their data exposed last month. verizon is actually challenging these numbers saying, no, it s nothing like that amount. it s closer to six million. the data was names, phone numbers, addresses, and pin numbers. ....
Can t be touched? not originally. this patent was originally applied in 2003. i read this 2009 on the zd net. this would be floating data centers. we didn t have nsa issues and scandal. because they have it built how far out can they operate because territory limit is 12 miles? how far can they effectively operate and how far out of oust law if they had a floating data center 12.1 miles off the coast? functionally there are things that make it difficult to have this work. we started off with a floating data center in twee. 10 years later we don t know where it will go. they built the capability. let s see what they do on policy standpoint. jenna: google says they need reforms and regulation. we ll see if google is doing same thing working outside of regulations that exist. absolutely. jenna: morgan, thanks for coming ....
And gals, but they re not an intelligence agency. there is lot of people on the other side of the aisle too. what they did they thought their links were safe. they saw the fiber link was safe. what they don t realize somewhere and they can t tell that it has been done, a piece of equipment has been inserted without their knowledge, that is siphoning off the data. there is really no way to really understand your data is being copied in real time. it is like listening to a phone call. you have no way to know the phone call is being businessenned to because there is no obvious indicator of it. jenna: what about the information reportedly the government is collecting? how difficult is that to do and how effect he tiff based on your experience in cyber security for the government to throw out such a wide net? you reach a point of diminishing returns, jenna. what happens we re collecting more and more information in terms of total ped bytes, throw out the favorite term for bytes but there ....
Scale. the question is it more effective to cast a wide net? they have things that allow to filter in on words, people, targets but at the end of the day, still takes people. automation can do so much, but at end of the day a human has to make qualitative judgment on the intelligence. jenna: this will be very generic in general when i give you these headlines. these are the two big headlines of the week. the government is so good about their cyber security, cyber skills that they are spying on the best and brightest companies out there. that is one headline the other headline is the government is so bad in anything cyber related they can t set up a website that can provide health care to people. how do you bring the two headlines together? just from a technical perspective is it confuseing. one is policy and one is technology. take the technology side, intelligence community, ns. a, cia have bright people that know how to do things ....