Political Quotes

“Mr. Chairman, I would like to begin by thanking Chairman Rogers and the ranking member for an opportunity to work on this issue with them, and I certainly wish Chairman Rogers well in his future endeavors. Mr. Chairman, this amendment helps us find ways to ensure that our veterans and other former public servants can continue their service to our country on cybersecurity, a critical national security need that will only grow in importance over the next several years. While Congress is well aware of the challenges that we face in cybersecurity, it is important to understand that cyber attacks are not only aimed at the government, where they challenge our national security and endanger our troops, but these attacks also target our Nation's economic advantages, our core advantages, when they steal proprietary information and intellectual property from American firms that lead the Nation and lead the world in innovation. {time} 1100 In fact, for the private sector, it is important to know that an IP theft in the U.S. costs companies upwards of $250 billion a year, and global cyber crime costs $338 billion. And when you factor in downtime, either way, that is a lot of money. And we spent up to--no kidding--$1 trillion fixing these problems. These highlight an important point, that if these attacks on American companies are so bad, just use your imagination to figure the threat of foreign-based cyber attacks on the Department of Defense or other critical intelligence agencies.…”