1 00:00:02,639 --> 00:00:04,560 hello everyone my name is elin 2 00:00:04,560 --> 00:00:06,879 shivoh i am senior advisor on digital 3 00:00:06,879 --> 00:00:09,200 policy at the european people's party in 4 00:00:09,200 --> 00:00:11,519 brussels and today joining us 5 00:00:11,519 --> 00:00:14,639 at the globsec brettislava forum 2021 6 00:00:14,639 --> 00:00:17,600 is brad smith president of microsoft 7 00:00:17,600 --> 00:00:18,720 brad smith 8 00:00:18,720 --> 00:00:20,560 it's an honor and a true pleasure to 9 00:00:20,560 --> 00:00:22,640 welcome you as part of the globe segment 10 00:00:22,640 --> 00:00:24,400 forum 2021 11 00:00:24,400 --> 00:00:26,320 thank you so much for joining us today 12 00:00:26,320 --> 00:00:28,480 well thank you it's nice to see you 13 00:00:28,480 --> 00:00:30,720 again and i feel like we're almost in 14 00:00:30,720 --> 00:00:32,079 the same room but 15 00:00:32,079 --> 00:00:33,840 not the way we were the last time i was 16 00:00:33,840 --> 00:00:36,320 in brussels and i i look forward to my 17 00:00:36,320 --> 00:00:38,480 next trip 18 00:00:38,480 --> 00:00:40,079 and we're looking forward to seeing you 19 00:00:40,079 --> 00:00:42,000 in brussels again and i think i can 20 00:00:42,000 --> 00:00:44,559 speak for the entire team when saying 21 00:00:44,559 --> 00:00:46,320 that the forum is grateful 22 00:00:46,320 --> 00:00:47,760 for this opportunity to hear your 23 00:00:47,760 --> 00:00:50,239 insights today on how we can bridge the 24 00:00:50,239 --> 00:00:51,039 gap 25 00:00:51,039 --> 00:00:53,039 on the you know the digital marketplace 26 00:00:53,039 --> 00:00:55,199 through a renewed or refreshed eu 27 00:00:55,199 --> 00:00:58,960 us data agenda now the covid19 pandemic 28 00:00:58,960 --> 00:01:00,480 has accelerated the use of the 29 00:01:00,480 --> 00:01:02,000 technologies now we've used it to 30 00:01:02,000 --> 00:01:03,680 control the virus 31 00:01:03,680 --> 00:01:05,840 and it's spread and also on research and 32 00:01:05,840 --> 00:01:07,360 we've developed those effective 33 00:01:07,360 --> 00:01:09,600 vaccines but also to ensure that people 34 00:01:09,600 --> 00:01:11,520 could stay connected 35 00:01:11,520 --> 00:01:14,159 and safe online as well at home so 36 00:01:14,159 --> 00:01:15,520 clearly digital 37 00:01:15,520 --> 00:01:17,600 was here to help and to avoid further 38 00:01:17,600 --> 00:01:18,720 disruptions 39 00:01:18,720 --> 00:01:20,960 and just as clear as how technology is 40 00:01:20,960 --> 00:01:22,479 what will help us 41 00:01:22,479 --> 00:01:24,720 dealing with the consequences of of the 42 00:01:24,720 --> 00:01:26,640 pandemic you know to reboot our economy 43 00:01:26,640 --> 00:01:27,840 and restart 44 00:01:27,840 --> 00:01:30,159 uh you know with the recovery if we 45 00:01:30,159 --> 00:01:31,840 allow of course the technology to 46 00:01:31,840 --> 00:01:33,360 flourish so we really have 47 00:01:33,360 --> 00:01:35,200 this great opportunity to better manage 48 00:01:35,200 --> 00:01:37,119 and foster the efficient use 49 00:01:37,119 --> 00:01:39,759 and sound deployment of technology so in 50 00:01:39,759 --> 00:01:40,799 this context 51 00:01:40,799 --> 00:01:42,720 there's great momentum especially this 52 00:01:42,720 --> 00:01:44,560 week when it comes to digital policy in 53 00:01:44,560 --> 00:01:47,280 the relations between the us and the eu 54 00:01:47,280 --> 00:01:49,520 and i'd like to start by asking you why 55 00:01:49,520 --> 00:01:50,960 do you think this transatlantic 56 00:01:50,960 --> 00:01:52,960 partnership and this dialogue are so 57 00:01:52,960 --> 00:01:54,000 important 58 00:01:54,000 --> 00:01:55,920 in this what should be its role in 59 00:01:55,920 --> 00:01:58,000 restarting the the economy especially in 60 00:01:58,000 --> 00:01:59,200 the digital 61 00:01:59,200 --> 00:02:01,680 era and and also what are the conditions 62 00:02:01,680 --> 00:02:03,040 that the us and eu 63 00:02:03,040 --> 00:02:05,520 should enable together in the data 64 00:02:05,520 --> 00:02:06,399 economy for 65 00:02:06,399 --> 00:02:08,560 for us you know to to be able to use 66 00:02:08,560 --> 00:02:10,800 technologies better and quicker perhaps 67 00:02:10,800 --> 00:02:13,120 even to predict future crisis 68 00:02:13,120 --> 00:02:14,560 well first of all i think you've framed 69 00:02:14,560 --> 00:02:16,560 the issue really well and just when we 70 00:02:16,560 --> 00:02:18,239 think about where we are in the world 71 00:02:18,239 --> 00:02:19,120 today 72 00:02:19,120 --> 00:02:21,760 as you put it you know the world runs on 73 00:02:21,760 --> 00:02:23,840 digital technology the world runs on 74 00:02:23,840 --> 00:02:24,319 data 75 00:02:24,319 --> 00:02:25,599 and that's true for each of the 76 00:02:25,599 --> 00:02:27,440 communities and countries in which we 77 00:02:27,440 --> 00:02:28,879 live 78 00:02:28,879 --> 00:02:32,000 and it's going to become each even more 79 00:02:32,000 --> 00:02:32,480 vital 80 00:02:32,480 --> 00:02:34,720 each and every year i think the first 81 00:02:34,720 --> 00:02:36,000 thing we have to do is just 82 00:02:36,000 --> 00:02:38,959 ensure that the issues around digital 83 00:02:38,959 --> 00:02:40,319 technology and data 84 00:02:40,319 --> 00:02:44,080 are indeed playing a central visible 85 00:02:44,080 --> 00:02:47,280 explicit role in the eu 86 00:02:47,280 --> 00:02:50,640 us agenda we won't deal with these 87 00:02:50,640 --> 00:02:52,560 issues well if we don't give them the 88 00:02:52,560 --> 00:02:54,800 attention that they deserve 89 00:02:54,800 --> 00:02:57,760 second i think we need to recognize that 90 00:02:57,760 --> 00:03:00,239 the flow of data across the atlantic 91 00:03:00,239 --> 00:03:02,800 is perhaps even more important than the 92 00:03:02,800 --> 00:03:05,040 flow of people and the flow of people is 93 00:03:05,040 --> 00:03:06,720 something we've been suffering from a 94 00:03:06,720 --> 00:03:07,760 lack of and 95 00:03:07,760 --> 00:03:10,159 we need to get people and data 96 00:03:10,159 --> 00:03:13,599 continuing to move on an ongoing basis 97 00:03:13,599 --> 00:03:16,000 to do that we need to recognize i think 98 00:03:16,000 --> 00:03:17,280 a third thing 99 00:03:17,280 --> 00:03:20,159 and that's the critical need to put in 100 00:03:20,159 --> 00:03:20,720 place 101 00:03:20,720 --> 00:03:24,159 common or at least consistent rules 102 00:03:24,159 --> 00:03:27,040 that really respect the values on each 103 00:03:27,040 --> 00:03:28,640 side of the atlantic 104 00:03:28,640 --> 00:03:31,200 certainly in europe data needs to be 105 00:03:31,200 --> 00:03:33,599 protected in a manner that is consistent 106 00:03:33,599 --> 00:03:36,239 with european values that conforms with 107 00:03:36,239 --> 00:03:37,920 european law 108 00:03:37,920 --> 00:03:39,760 of course i like to remind my friends in 109 00:03:39,760 --> 00:03:42,000 the united states where i live that 110 00:03:42,000 --> 00:03:44,959 our american values frankly are rooted 111 00:03:44,959 --> 00:03:46,720 in european values they 112 00:03:46,720 --> 00:03:50,159 come from europe and i think we need to 113 00:03:50,159 --> 00:03:52,159 then start to work through the specific 114 00:03:52,159 --> 00:03:53,599 challenges 115 00:03:53,599 --> 00:03:55,920 and take them one by one recognizing 116 00:03:55,920 --> 00:03:57,680 that some of them are hard 117 00:03:57,680 --> 00:03:59,599 but we need to make progress across the 118 00:03:59,599 --> 00:04:01,840 board 119 00:04:02,080 --> 00:04:04,000 thank you very much and let's hope the 120 00:04:04,000 --> 00:04:05,920 message will come clear 121 00:04:05,920 --> 00:04:09,040 uh to uh to the u.s and the eu as their 122 00:04:09,040 --> 00:04:10,720 meeting in brussels 123 00:04:10,720 --> 00:04:13,680 now with this new biden administration 124 00:04:13,680 --> 00:04:15,680 transatlantic partnership and relations 125 00:04:15,680 --> 00:04:17,358 seem to be back on track and 126 00:04:17,358 --> 00:04:19,680 both partners seem to be rooting for you 127 00:04:19,680 --> 00:04:21,440 know fresher and stronger dialogue 128 00:04:21,440 --> 00:04:23,840 on tech and trade but let's be honest 129 00:04:23,840 --> 00:04:25,600 there are some unresolved 130 00:04:25,600 --> 00:04:28,880 critical issues let's let's let's 131 00:04:28,880 --> 00:04:30,720 use that term when it comes to data 132 00:04:30,720 --> 00:04:32,720 governance so what do you think should 133 00:04:32,720 --> 00:04:33,680 be maybe the 134 00:04:33,680 --> 00:04:35,199 well if you have one or two main 135 00:04:35,199 --> 00:04:37,600 priorities that both partners 136 00:04:37,600 --> 00:04:39,840 uh must really address to preserve and 137 00:04:39,840 --> 00:04:41,840 strengthen their relations and their 138 00:04:41,840 --> 00:04:43,520 impact and maybe some of the concrete 139 00:04:43,520 --> 00:04:45,840 ways in which they should do so maybe 140 00:04:45,840 --> 00:04:48,160 you know what kind of data governance or 141 00:04:48,160 --> 00:04:49,759 agreements could help us 142 00:04:49,759 --> 00:04:52,320 through it well i i do think that things 143 00:04:52,320 --> 00:04:54,479 are moving in a common and positive 144 00:04:54,479 --> 00:04:56,320 direction and you see governments on 145 00:04:56,320 --> 00:04:58,000 both sides of the atlantic 146 00:04:58,000 --> 00:04:59,840 that want to work together that want to 147 00:04:59,840 --> 00:05:01,360 make things work and i think that's 148 00:05:01,360 --> 00:05:02,479 welcome news 149 00:05:02,479 --> 00:05:04,639 for everyone because we all depend on 150 00:05:04,639 --> 00:05:06,240 this flow of data 151 00:05:06,240 --> 00:05:08,880 i think the clear starting point frankly 152 00:05:08,880 --> 00:05:10,080 needs to be 153 00:05:10,080 --> 00:05:12,080 to come to terms with the issues that 154 00:05:12,080 --> 00:05:14,080 are front and center in the wake of the 155 00:05:14,080 --> 00:05:17,440 shrems ii decision we are 156 00:05:17,440 --> 00:05:20,080 dealing with something that is just sort 157 00:05:20,080 --> 00:05:20,880 of one step 158 00:05:20,880 --> 00:05:23,520 short of a genuine crisis in the ability 159 00:05:23,520 --> 00:05:25,520 to move data across the atlantic the 160 00:05:25,520 --> 00:05:27,520 ability of european companies 161 00:05:27,520 --> 00:05:29,440 to do business in the united states the 162 00:05:29,440 --> 00:05:31,840 ability of my company to do business in 163 00:05:31,840 --> 00:05:34,639 europe and support european customers 164 00:05:34,639 --> 00:05:37,759 so i think the sooner we can get 165 00:05:37,759 --> 00:05:40,960 something in place that both sides of 166 00:05:40,960 --> 00:05:42,560 the atlantic feel good about 167 00:05:42,560 --> 00:05:44,960 the better but i also think that we not 168 00:05:44,960 --> 00:05:45,919 only need to move 169 00:05:45,919 --> 00:05:47,759 fast we need to act with a level of 170 00:05:47,759 --> 00:05:49,039 ambition 171 00:05:49,039 --> 00:05:51,919 the issues that we're seeing around data 172 00:05:51,919 --> 00:05:53,520 and privacy 173 00:05:53,520 --> 00:05:55,600 are obviously sort of going around and 174 00:05:55,600 --> 00:05:58,080 around again we've been at this now for 175 00:05:58,080 --> 00:06:00,160 multiple years 176 00:06:00,160 --> 00:06:02,319 as the safe harbor was replaced by the 177 00:06:02,319 --> 00:06:05,199 privacy shield and now we're at it again 178 00:06:05,199 --> 00:06:07,840 and i think what it really requires is 179 00:06:07,840 --> 00:06:09,440 that we put in place a 180 00:06:09,440 --> 00:06:12,319 longer term deeper and more stable 181 00:06:12,319 --> 00:06:14,160 agreement between governments 182 00:06:14,160 --> 00:06:17,199 i think this can build on the statutory 183 00:06:17,199 --> 00:06:19,840 foundation in the cloud act that was 184 00:06:19,840 --> 00:06:23,039 passed by the u.s congress in 2017 that 185 00:06:23,039 --> 00:06:25,039 creates the legal authority for the 186 00:06:25,039 --> 00:06:26,400 executive branch 187 00:06:26,400 --> 00:06:29,680 to enter into an agreement with say 188 00:06:29,680 --> 00:06:32,000 european governments to negotiate with 189 00:06:32,000 --> 00:06:34,400 the european commission uh and i think 190 00:06:34,400 --> 00:06:36,080 we need to look even 191 00:06:36,080 --> 00:06:37,919 more broadly than that i think that that 192 00:06:37,919 --> 00:06:40,639 we may have a period of time 193 00:06:40,639 --> 00:06:42,400 where the u.s has to consider some 194 00:06:42,400 --> 00:06:44,479 statutory changes 195 00:06:44,479 --> 00:06:46,840 but we just have to rebuild the 196 00:06:46,840 --> 00:06:48,160 foundation 197 00:06:48,160 --> 00:06:50,240 so that there is the kind of trust that 198 00:06:50,240 --> 00:06:52,240 the transatlantic relationship really 199 00:06:52,240 --> 00:06:54,960 requires 200 00:06:55,039 --> 00:06:56,960 yeah absolutely and i think we uh we 201 00:06:56,960 --> 00:06:58,479 will have heard uh 202 00:06:58,479 --> 00:07:00,080 from the commission and the u.s 203 00:07:00,080 --> 00:07:01,680 administration that there is definitely 204 00:07:01,680 --> 00:07:03,120 a handshake 205 00:07:03,120 --> 00:07:04,800 that's really about to materialize 206 00:07:04,800 --> 00:07:06,800 through this u.s eu 207 00:07:06,800 --> 00:07:09,280 tech and trade transatlantic council and 208 00:07:09,280 --> 00:07:09,840 there are 209 00:07:09,840 --> 00:07:14,240 many areas where both can collaborate 210 00:07:14,240 --> 00:07:17,199 i have a question actually still on this 211 00:07:17,199 --> 00:07:18,560 uh because you know in your your 212 00:07:18,560 --> 00:07:20,560 wonderful book tools and weapons which 213 00:07:20,560 --> 00:07:23,039 you published in in 2019 214 00:07:23,039 --> 00:07:25,039 you wrote to regulate technologies that 215 00:07:25,039 --> 00:07:27,360 are bigger than themselves governments 216 00:07:27,360 --> 00:07:29,759 will need to work together and indeed 217 00:07:29,759 --> 00:07:31,440 there are various areas for mutual 218 00:07:31,440 --> 00:07:32,639 engagement on which 219 00:07:32,639 --> 00:07:34,240 you know would be critical for the eu 220 00:07:34,240 --> 00:07:35,759 and the us to work together you know it 221 00:07:35,759 --> 00:07:36,240 would be 222 00:07:36,240 --> 00:07:38,720 mutually beneficial in order to pull 223 00:07:38,720 --> 00:07:40,880 resources you know share each other's uh 224 00:07:40,880 --> 00:07:43,759 us assets and strength and we have many 225 00:07:43,759 --> 00:07:44,479 but it will 226 00:07:44,479 --> 00:07:47,199 also be indispensable for our respective 227 00:07:47,199 --> 00:07:49,680 resilience and our agenda i know the 228 00:07:49,680 --> 00:07:52,240 eu is rooting for strategic autonomy for 229 00:07:52,240 --> 00:07:53,199 instance 230 00:07:53,199 --> 00:07:56,000 now in the pandemic we've seen how our 231 00:07:56,000 --> 00:07:58,160 critical systems and our infrastructure 232 00:07:58,160 --> 00:08:00,400 have come under attack you know with 233 00:08:00,400 --> 00:08:02,639 disrupted operations especially towards 234 00:08:02,639 --> 00:08:05,759 vital infrastructure like hospitals what 235 00:08:05,759 --> 00:08:07,520 are some of the ways in which you 236 00:08:07,520 --> 00:08:08,080 believe 237 00:08:08,080 --> 00:08:10,800 the tech industry and in particular 238 00:08:10,800 --> 00:08:12,400 microsoft can play 239 00:08:12,400 --> 00:08:15,199 a supportive role in ensuring um you 240 00:08:15,199 --> 00:08:17,199 know more resilience in cyber security 241 00:08:17,199 --> 00:08:19,599 globally but also of course acting as a 242 00:08:19,599 --> 00:08:20,160 bridge 243 00:08:20,160 --> 00:08:22,879 as part of the transatlantic relations 244 00:08:22,879 --> 00:08:24,400 well i think it's a really 245 00:08:24,400 --> 00:08:26,000 interesting question and one of the 246 00:08:26,000 --> 00:08:27,440 things i would just start with 247 00:08:27,440 --> 00:08:29,599 is at a time when there is rightly so 248 00:08:29,599 --> 00:08:31,199 much discussion about digital 249 00:08:31,199 --> 00:08:32,479 sovereignty 250 00:08:32,479 --> 00:08:34,159 we should recognize that there is no 251 00:08:34,159 --> 00:08:35,919 digital sovereignty without 252 00:08:35,919 --> 00:08:39,599 cyber security and we really need to 253 00:08:39,599 --> 00:08:42,000 strengthen cyber security protection 254 00:08:42,000 --> 00:08:44,720 around the world and across the board um 255 00:08:44,720 --> 00:08:46,800 certainly i think that responsibility in 256 00:08:46,800 --> 00:08:50,160 many ways is on our shoulders 257 00:08:50,160 --> 00:08:53,120 at microsoft and other tech companies we 258 00:08:53,120 --> 00:08:54,000 need to keep 259 00:08:54,000 --> 00:08:56,160 strengthening the features that provide 260 00:08:56,160 --> 00:08:58,080 cybersecurity protection 261 00:08:58,080 --> 00:08:59,839 and i think even more than that we need 262 00:08:59,839 --> 00:09:01,519 to keep making these features 263 00:09:01,519 --> 00:09:05,040 easier for organizations and companies 264 00:09:05,040 --> 00:09:07,920 and governments and individuals to use 265 00:09:07,920 --> 00:09:09,680 the second thing that i just think has 266 00:09:09,680 --> 00:09:10,320 been so 267 00:09:10,320 --> 00:09:13,120 noteworthy over the last six months is 268 00:09:13,120 --> 00:09:15,120 that every time we've really dug deep to 269 00:09:15,120 --> 00:09:17,200 understand what happened with the cyber 270 00:09:17,200 --> 00:09:18,320 attack and we 271 00:09:18,320 --> 00:09:21,200 really worked with customers to see you 272 00:09:21,200 --> 00:09:22,720 know what had happened within their 273 00:09:22,720 --> 00:09:23,920 networks 274 00:09:23,920 --> 00:09:27,519 what we found was a common trait 275 00:09:27,519 --> 00:09:31,279 people became victims in large part 276 00:09:31,279 --> 00:09:33,600 because they did not necessarily deploy 277 00:09:33,600 --> 00:09:35,360 all of the protections that exist 278 00:09:35,360 --> 00:09:36,720 already so 279 00:09:36,720 --> 00:09:38,640 i think we need to help governments and 280 00:09:38,640 --> 00:09:40,160 businesses large and small 281 00:09:40,160 --> 00:09:43,279 ngos use a short but 282 00:09:43,279 --> 00:09:45,440 critical list of features if people are 283 00:09:45,440 --> 00:09:47,760 going to run their software on a server 284 00:09:47,760 --> 00:09:49,200 in their own building 285 00:09:49,200 --> 00:09:52,000 they have to be patching the server 286 00:09:52,000 --> 00:09:53,839 better yet they should probably move to 287 00:09:53,839 --> 00:09:55,760 the cloud so they don't have to keep 288 00:09:55,760 --> 00:09:57,680 patching their machines and a 289 00:09:57,680 --> 00:10:00,080 company that runs cloud services will do 290 00:10:00,080 --> 00:10:01,760 so instead 291 00:10:01,760 --> 00:10:04,480 it's just an imperative that we have 292 00:10:04,480 --> 00:10:05,440 customers 293 00:10:05,440 --> 00:10:08,240 that are using anti-malware and using it 294 00:10:08,240 --> 00:10:08,560 on 295 00:10:08,560 --> 00:10:11,200 all of their machines that they're using 296 00:10:11,200 --> 00:10:12,399 multi-factor 297 00:10:12,399 --> 00:10:15,040 access that they're ensuring their 298 00:10:15,040 --> 00:10:16,959 network administrators 299 00:10:16,959 --> 00:10:18,640 follow what's called lease privilege 300 00:10:18,640 --> 00:10:20,560 access meaning they only have access to 301 00:10:20,560 --> 00:10:22,160 the part of the network that they need 302 00:10:22,160 --> 00:10:23,279 to work on 303 00:10:23,279 --> 00:10:25,360 yet they're running on the principles of 304 00:10:25,360 --> 00:10:27,600 what we call a zero trust environment 305 00:10:27,600 --> 00:10:30,399 in other words run your network on the 306 00:10:30,399 --> 00:10:31,120 assumption that 307 00:10:31,120 --> 00:10:34,079 someday someone will get inside it but 308 00:10:34,079 --> 00:10:35,040 don't let them run 309 00:10:35,040 --> 00:10:38,560 wild when they're there so you tie down 310 00:10:38,560 --> 00:10:40,800 your devices with the kinds of services 311 00:10:40,800 --> 00:10:42,240 that we and others 312 00:10:42,240 --> 00:10:45,200 run and perhaps above all else use the 313 00:10:45,200 --> 00:10:46,240 authentication 314 00:10:46,240 --> 00:10:49,279 keys the keys that are used the password 315 00:10:49,279 --> 00:10:51,680 so to speak by your administrators 316 00:10:51,680 --> 00:10:54,000 to you know manage and access your your 317 00:10:54,000 --> 00:10:55,920 email your documents 318 00:10:55,920 --> 00:10:58,160 store them in a secure location either 319 00:10:58,160 --> 00:11:00,000 on a secure hardware device or 320 00:11:00,000 --> 00:11:02,240 in the cloud if there's one thing that i 321 00:11:02,240 --> 00:11:03,120 think so 322 00:11:03,120 --> 00:11:05,279 many of the attendees of this meeting 323 00:11:05,279 --> 00:11:06,640 share in common 324 00:11:06,640 --> 00:11:09,279 is that frankly almost all of you are 325 00:11:09,279 --> 00:11:09,839 high 326 00:11:09,839 --> 00:11:12,880 on the list of priorities 327 00:11:12,880 --> 00:11:16,560 for an attack we follow this every day 328 00:11:16,560 --> 00:11:19,279 from russia from iran from china from 329 00:11:19,279 --> 00:11:20,399 north korea 330 00:11:20,399 --> 00:11:22,640 and people who work in government people 331 00:11:22,640 --> 00:11:25,040 who work for think tanks people who work 332 00:11:25,040 --> 00:11:26,320 at ngos 333 00:11:26,320 --> 00:11:29,120 yeah you need to think about this 334 00:11:29,120 --> 00:11:31,680 because believe me unfortunately 335 00:11:31,680 --> 00:11:36,000 our adversaries are thinking about you 336 00:11:36,240 --> 00:11:38,000 thank you so much uh brett smith yeah 337 00:11:38,000 --> 00:11:39,519 it's been a difficult year uh 338 00:11:39,519 --> 00:11:42,240 for you know cyber security but i think 339 00:11:42,240 --> 00:11:43,920 both the eu and the us are taking it 340 00:11:43,920 --> 00:11:45,519 seriously i actually 341 00:11:45,519 --> 00:11:48,480 believe the u.s has elevated cyber hacks 342 00:11:48,480 --> 00:11:50,560 to the same level as terrorism 343 00:11:50,560 --> 00:11:53,279 in terms of the threat and i liked how 344 00:11:53,279 --> 00:11:54,560 you recall the role of 345 00:11:54,560 --> 00:11:57,440 tech industry in this by making sure all 346 00:11:57,440 --> 00:11:59,200 these agreements don't remain just 347 00:11:59,200 --> 00:12:02,480 a political high-level exercise 348 00:12:02,480 --> 00:12:04,800 so thank you very much for all these 349 00:12:04,800 --> 00:12:06,160 insights and for being 350 00:12:06,160 --> 00:12:09,120 with us today it was a privilege well 351 00:12:09,120 --> 00:12:11,600 thank you it's great conversation and uh 352 00:12:11,600 --> 00:12:13,040 it's great to be here with everyone 353 00:12:13,040 --> 00:12:15,600 thank you very much 354 00:12:15,600 --> 00:12:17,440 thank you very much thank you very much 355 00:12:17,440 --> 00:12:18,880 you all um for 356 00:12:18,880 --> 00:12:21,200 following us um now we're going back to 357 00:12:21,200 --> 00:12:22,320 bratislava 358 00:12:22,320 --> 00:12:24,079 i'd like to wish everyone on behalf of 359 00:12:24,079 --> 00:12:26,079 the great globsec 360 00:12:26,079 --> 00:12:28,720 team a wonderful event and i hope you 361 00:12:28,720 --> 00:12:30,320 will enjoy taking part in those 362 00:12:30,320 --> 00:12:32,880 insightful and stimulating conversations 363 00:12:32,880 --> 00:12:39,839 we hope to see you soon thank you