 Good afternoon and welcome to this press conference from the annual meeting of the World Economic Forum 2016 Here in Davos if the subtle branding in the back hasn't given it away yet The press conference you're joining here in the room and also on the live stream is It's looking at the dark side of the fourth industrial revolution if you will the theme of this meeting so the question we're we're trying to answer here today with us with this wonderful panel is how can we confront cyber crime and without further ado Let me introduce a wonderful panel to you today. We're joined by my immediate left By my colleague Jean-Luc Vey who's a managing who's a member of the managing board of the World Economic Forum and He's heading our work in that particular field in his previous life He used to be leading the federal police of Switzerland And has a distinguished career in the field of intelligence as well right in the center of our panel And we're particularly pleased to welcome here today is Loretta Lynch the US Attorney General to talk about the subject here today to her left Jürgen Stock who is the Secretary General of the international criminal police organization or Interpol as you might know it and All the way down the panel last but definitely not least Eugene Kaspersky the chairman and chief executive officer of Kaspersky lab Thank you to all very much for being here and Attorney General without wasting the time over to you, please All right. Thank you so much. Oh, good afternoon. Thank you so much for that kind introduction Thank you all for being here this afternoon as well It's truly a pleasure to be here in Switzerland at Davos at the World Economic Forum We have had a wonderful day with some exciting and truly fascinating Discussions about the ways that global leaders can continue to work together to fight cybercrime These have been vitally important discussions And I thank the World Economic Forum for convening them and I thank my colleagues in advance For continuing them because that is indeed our plan and our goal as we leave this event today As the Attorney General of the United States the safety of our information networks and online systems is one of my top priorities It is vital that industry and government continue to collaborate on this issue Perhaps more so than in any other area in which we have enforcement Priorities because private industry is so deeply affected by cybercrime Also, private industry has the cutting-edge technology that's useful to both Government and industry and not only in identifying the threats but in predicting them and preventing them again It's absolute absolutely critical that we reach beyond our shores to develop a global approach to this threat Which knows no borders now today We talked a lot about the World Economic Forum's recommendations for using the public-private partnerships to address Cybercrime and I want to commend John Leves and his team For their forward-looking efforts to develop those recommendations And I'm pleased to say that the Department of Justice is already taking steps that advance these Recommendations in a variety of ways. We are promoting partnerships with the public and the private sector in December of 2014 The Department of Justice created a cyber security unit Dedicated to supporting partnerships both within government and between private entities and law enforcement And the goal is to help the potential targets of cyber attacks to prevent data breaches And to provide assistance and support when these incidents do occur The cyber security unit and other outreach efforts at the Department and the FBI have already increased collaboration and Mutual understanding and I'm confident that they will continue to produce results We are also working on establishing and enhancing our already existing platforms for cooperation The literal means by which we share information From the FBI's national cyber investigative joint task force to the National Cyber Forensics and Training Alliance We're finding ways to unite law enforcement private parties and leading scholars around our common goals We have also dispatched FBI cyber experts to work with their counterparts in cybercrime centers around the world including Interpol's new global complex for innovation in Singapore and also just this month We assigned one of our prosecutors to eurojuice in the Hague to enhance our collaboration with the European Cybercrime Center or EC3 at Europol the goal of all of this is to get to a point Where we have real-time cooperation and sharing of information about cyber attacks Cyber incidents and potential cyber events We're also working with our international partners to promote the rule of law Relating to cybercrime. We are a signatory to the Budapest Convention as of 2006 And we are also encouraging our colleagues to sign on to this important document as well As it provides a framework for sharing information there Well, finally, we are trying to cultivate a more robust public-private dialogue for cybercrime Because it's all of this when you look to build a partnership You have to build trust and a working relationship between government and private industry It's not always easy to build and we spend a great deal of time talking about the common problems that we share And as we learn in this when we try and build a partnership and build trust It's important that we build Relationships that people know the other side of the issue the other point of view and in fact the other person at The end of the phone and indeed I find it fascinating that as we talk about this cyber threat This most online of threats that lives in a world that we can neither touch nor field What's most important are the human connections that we continue to forge to build the Relationships that will provide the support to prevent and to tear cybercrime So thank you for giving me a few moments to talk about the Department of Justice and what we're doing in this And I look forward to hearing not only from my colleagues But continuing to work with them as we fight to combat this global threat Thank you, Attorney General for for sharing that these insights and that perspective Jean-Luc the Attorney General already mentioned the recommendations you're you launched today But let me let me take a step back. Why is the World Economic Forum engaged on the topic? And and what are you trying to achieve with these recommendations? Yes, thank you very much. As you know probably know the World Economic Forum is an international institution for private public partnership and As such it has been decided 15 months ago to address a couple of Issues related to global crime global economy can means unfortunately global crime as well and the question was a how to focus or what to focus on and I address these I ask this question actually a Buy our partners member of the forum, but by the law enforcement global acting original acting law enforcement As well and all all gave me the same answer Cybercrime is on the top of the list just to give you an idea according to Latest pictures the amount of amount of money made by the global cycle cybercrime is estimated at 450 billion dollars So it has been decided to focus on cybercrime and in order to achieve global private public partnership on that field we got a group of distinguished representatives from several sectors Representing the banking representing the insurance representing the credit card as well as well as top representative from Interpol Europol Eurogist US Department of Justice and order in order to Combine the thoughts in that field what we did is we began by Assessing the threats and it was very interesting to realize that after a couple of hours all attendees both representing the private sector and the public sector achieved the same results And the same assessment global crime is indeed on the top of the list a It was difficult to define it is difficult to define the cybercrime, but in the end They decide the members of the group decided that there are two main categories of cybercrime the crimes which already existed before Internet existed like safe like corruption like fraud and cyber cybercrimes which are immediately linkage with Internet that means for example Mallwares Troyer's interruption of system so rapidly total Alignment of the threat assessment then the second question these Persons asked Was a What has been done so far because the idea was really not to reinvent the road the wheel The idea was to find the right niche in order to have impact to go ahead to find solution practical solution so we had a look at what has been done worldwide on the regional level on the national level and a Document has been established a so-called reference document based on this assessment of the situation based as well on the Assessment of what has been done the next step was to assess common needs and rapidly rapidly It has been decided that one of the main common needs was a better sharing of information and a better implementation of existing legal framework, so it has been decided in the first first stage to Sorry to address the question. What are the common measures we should? Implement in the next month and the common measures. I am speaking about are now Listed in these document five recommendations very simple one, but I'm convinced that if all Enterprises all companies all law enforcement which already accepted to support These documents are able to implement these recommendations. We will have made a very good step forward and I am sure we will Achieve a situation where the global crime, especially the cyber criminals will in the next months and years really fear The private sector as well as the law enforcement on that field. Thank you very much Jean-Luc Secretary General My colleague mentioned the importance of information sharing so let's share from your perspective as law enforcement What's the situation and why do you think these recommendations will help us move forward on cyber crime? Thank you very much and a very good afternoon I would like to begin also by thanking the chairman of the world economic forum Klaus Schwab and Jean-Luc Ve and his team for this important initiative They have provided a platform for government law enforcement judicial institutions and industry to discuss and generate These recommendations Sonic Bay has already mentioned and in one important aspect is what? Metamatonic general already mentioned the human connection. So that makes a difference sometimes It's very easy and you have to be very pragmatic And I'm also honored being here together with Metamatonic general because she really supports Interpol our work connecting 190 member countries all around the globe and with Eugene Kaspersky who is part of the global complex Of innovation in Singapore. I will come back to this point a little later raising awareness and developing capacity of both law enforcement and industry to address the various issues surrounding cyber crime and Is an absolute priority for global security. This cannot be done in isolation. No country can do this in isolation No law enforcement authority authority can do this in isolation and no company can protect itself in isolation So if you want to tackle this threat Successfully we need to speak with each other. It's as simple as it is so the recommendations Provide an excellent basis To move forward with regards to connecting the dots and to find a common strategy on how to tackle this kind of crime We must implement it because the rising tide Known as the internet of things or the internet of everything what I learned here is probably more precise Provides huge opportunities for criminals to attack our private computers our smartphones The critical infrastructures within our societies or companies the assets of the companies doing their business So huge opportunities for criminals once again, they don't have to leave their house. They can just sit on the sofa They can be connected with other criminals sharing their their experience in attacking our societies They can buy the tools they need to attack just from the underground economy So it's very very easy and again. It's really a global threat for all of us Interpol is uniquely placed to help law enforcement in its 190 member countries fighting cybercrime through Enhanced corporation information sharing Johnny we mentioned the importance and innovation doing so on a global level and The level at which cyber crime must be fought mainly of course It is the global level and it requires a lot of cooperation the report provides Interpol with a concrete framework to help coordinate law enforcement so to organize international operations and To also join up with governments with the judiciary with the industry and the academia This calibration is necessary for example with information sharing because often what is needed is to understand To prevent and to investigate cyber crime is in the hands and minds of industries in academia not law enforcement, so we need the reports from the industry for instance on attacks from private people on attacks and If I have a look on our national crime statistics, this is just let's say That the tip of the iceberg and we have to assume that there is a huge dark feel of those cases That are not reported to law enforcement yet, and we need this information to protect our societies So we can't fight the phenomena successfully if we don't talk with each other once again The Interpol global complex for innovation in Singapore Was created as a global platform to facilitate such exchanges between sectors and once again on a global Scale we have specialists from both cyber security firms and from the academia working if you may Use that that language desk by desk sitting together Every day per week sharing the global threat and talking about initiatives to counter the threat They provide expertise across a wide range of areas including Intelligence and more where analysis for instance mobile forensics as well as researching cyber threats and attack attribution Additional specialists from the banking sector and from the telecommunications sectors will also soon be joining the team in Singapore at IGCI So with this type of collaboration, we are also working to develop new tools and Building up law enforcement capacities and equipment worldwide. So in most of our member countries It's still a challenge that the police gets the capabilities They need to successfully tackle this kind of crime to deal with digital for Evidence. So what is needed on a global scale is a kind of let's say we spoke about an industry 4.0 what we now need in law enforcement is the criminalistics 4.0 and the specific Tools and also the training that is required that police officers all around the globe can use that Can be connected with each other to share their experience? So we are working hard on doing that and I'm very happy to say that many government support This important work of Interpol and amongst them the US government is really really very supportive in in getting forward moving forward in Getting the right equipment and the right training to the front to the front line police officers in our 190 member Countries, so definitely The platform the world economic forum has been providing is extremely Important for Interpol to develop our role in connecting the 190 member countries police services And we very much hope that we can immediately start with implementing all the recommendations and Using our platform in Singapore as a major hub connecting law enforcement and industry and academia To make the world a safer place with regards to this cyber crime threat. Thank you very much Thank you Jürgen. Thank you very much Eugene, let's do a little exercise Let's imagine you have a crystal ball and you can look into that crystal ball and see what the cyber risks that are coming that We might not even know about yet that the fourth industrial revolution is bringing to us. What would these threats be? Well, actually, you don't really need to look at a crystal ball and There are better sources of these predictions that Hollywood And actually they explained a lot what can happen in their world Which is now transforming to the 4.0 And what's going on right now? It's really it's really scary in the past. They are cybercrime. What that was little problem This wasn't some noise from there. It's not so much of impact on the global and national economies and the security Nowadays they are it's their pictures absolutely different. There are more and more very professional cyber criminal gangs Which innovate? They also they're transforming to the new age and they use the new methods of that tax new technologies And in many cases, it's very very hard to guarantee high level of protection for the enterprise networks for the bank networks for their states organizations all very Very difficult to recognize that the system is infected because they behave in a very very hidden way so their cybercrime is getting more and more and more professional and They are you call it Internet of Things I call it Internet of Threats because they are everywhere At the same time the professional cybercrime In some cases they provide services They trade these technologies they cooperate and we see many very international gangs Which use the same technologies which are provided by some remote Internet criminals We call it crime as a service So that's a first Cybercrime is getting more and more professional second the traditional crime which was existed before Internet It's recognized the recognized power of cyber. So they do the same things are like in the past But now they do it by attacking production lines Attacking the transportation systems and a very good example of that is attack on Antwerp seaport when Latin American drug cartels infected the automatic Containers unloading system and they were unloading containers with coca into the area they have access to it was report from Europol last year So the traditional crime recognized power of cyber they employ cyber criminals It means that the cybercrime and traditional crime They are getting more and more closer to each other and I'm afraid in the future We will see the gangs which have both cyber and Traditional criminals working very close to each other I'm not sure who will manage who is going to manage cybercrime to manage the traditional crime or traditional crime managing the cyber crime Maybe they will be not possible to recognize who they are their criminals and the cyber will be like a part of any High-profile crime in the worldwide and the third which I'm really afraid of Cybercrime is there getting more professional the traditional crime during cyberspace. What's next? Terrorism, I'm afraid that the next Actor in this place in the cyber world will be the terrorist attacks on the critical infrastructure Which is physical infrastructure? The critical data like financial services and telecommunications That's why this world is getting more and more dangerous So environment is more aggressive and this is a very high demand on their information sharing on their private public cooperation and Public-public cooperation in international cooperation to fight with the international cybercrime to stop them before They are recruited by terrorists So they have a lot of work to do and I'm really happy that I'm really Well, that's the reason I'm here. What are the reasons I'm here in Davos To be in touch with these new initiatives To share my opinion on what's going on and I see that it's going in the right way I'm really proud of that because I'm talking about the information sharing and Cooperation between public and private sectors and international cooperation For about a decade So I recognize that the crime in a cyberspace It will become a very serious the critical problem many years ago and was talking about that and now I'm really proud of that That's my my dreams. They're coming through. Thank you. Thank you very much for that. Thank you very much From me, you'll have our hundred percent support and data which you need and I'll assist all this initiative Which is fighting with a fighting the bad guys to Save the world which is not cyber world. It's It's cyber is physical. It's everywhere around us Even the cameras which are recording us They are cyber speaking of the cameras and the journalists in the room. Thank you very much I know we have five minutes left So we will open the floor for questions if you could keep it to a really one short question State your name and organization for the sake of our online audience Let's start with David over there and then move to the gentleman here in the in the front row Let's take two questions. Thank you. David Seroto of international business times. This is for the Attorney General Does fighting international cyber crime require backdoor access to encrypted network like what's app or Apple iMessage? Silicon Valley says no some former government officials like the former NSA directors say that kind of unfettered surveillance might do more harm than good What do you say? Thank you very much. Let's let's take the second question first, please so Attorney General allow me another question concerning another issue FIFA you once promised to clean up FIFA Just wanted to find out where we stand in that mission nowadays And how do you assess the new FIFA reform program that has been presented? Well, it's a bit of an opt-off topic question You can think about FIFA what you want, but they're probably not cyber criminals So maybe we can turn to David's question there With respect to your question on encryption encryption is is obviously a valuable tool both to government and private industry And we in the US government are not asking for a backdoor We are asking to work with Silicon Valley and the tech industry to make sure that as we preserve encryption We also preserve what we currently have which is the ability for companies to respond to law enforcement warrants Court ordered court authorized requests for information Our view is that there's so many different platforms out there and technology is changing so rapidly that with the skills that we have We think that with continued discussions. We can in fact strike that balance between privacy and security Thank you. Let's take the lady in the front here. Did you want me? What with respect to FIFA what I can say is that that investigation is ongoing as you know We began our enforcement efforts this past May. We continued this past December with additional arrests The investigation is ongoing. I actually had been in Zurich earlier this week Meeting with Swiss Attorney General Michael Lauber whom I'd like to thank for his cooperation and assistance We have separate investigations, but we work very very well together We follow the evidence where it leads and I'm not able to go into specifics right now But I can tell you that the investigation is ongoing We look forward to seeing the results of the new election and hope that the reform efforts do continue and that they are genuine Please I would also have a question concerning the Swiss attorney attorney general He's urging YouTube and other internet companies to cooperate more closely when it comes to taking a hate speech Or even terrorist content from the internet. Is there any way the US authorities could have the Swiss authorities? Well with respect to the efforts by a number of entities to work again with private industry to deal with terrorist propaganda Most of these companies have specific terms of use and when matters are brought to their attention They are generally cooperative in removing those matters in the US because we do have a very strong freedom of speech Expression from our First Amendment on they're always trying to find a balance similar to that in the encryption issue between that freedom and also not being a platform for terror And so what we try and do with all of our law enforcement counterparts is provide them the information They need to to focus their request so that the companies can be as responsive as possible Thank you very much the lady right in the the first seat and after that the lady with a red dress in the middle Meena Aljubi from Ashaqa Alsat newspaper the Middle East The global enhancement of the terrorist group Daesh has been has been seen has been achieved through the internet What needs to be done in the year ahead to prevent this from occurring from them recruiting members online And can we get the second question right away right there in the middle? Thank you. Lara Riley from Business Insider and nuanced question perhaps But you were talking earlier about the kind of definition of cybercrime and I wondered whether ad fraud comes into that definition it's been known and people talk about the fact that or The belief that it funds kind of criminal gangs criminal activity possibly terrorist activity So I just wondered whether that was something that and this will be Focusing on this corporation. Thank you Who wants to take on that question? Just from my side a remark on on the encryption issue Definitely, let's say that the police has a problem with these encryption part and and the topic of anonymization At the end, of course, it's a decision that has to be made by politicians not not by law enforcement But at least we have to indicate that we have a problem because what what has been possible in most of our for instance Interpol member countries to do a survey communication of suspects of serious crime terrorists, of course Is now getting a problem because we are more and more getting dark because of the encryption and Anonymization topic so it's something that law enforcement has to address But once again, we have to respect that a that a decision needs to be taken on a political level and these needs to be discussed But just we have to address the issue. Thank you very much Well with respect to the question of how does one prevent ISIL from recruiting online It's it's very difficult to prevent Any organization from using the internet to spread its message and in fact, of course it the internet can be used for positive things as Well, one of the things I think that there's great attention being paid to both in the US and with our European counterparts is finding ways to counter the message that ISIL is sending out and searching for ways to empower local communities communities where troubled youth have been drawn from And and joined ISIL To find ways for them to also communicate Content that that that essentially tries to break that chain And it's we're looking at partnering with private industry in that regard as well I know that here in Europe There are a number of initiatives that are going on to counter those messages both in Europe and in Great Britain Certainly again, it ties back into the ways in which certain types of content content can be removed from the internet certain types cannot be removed from the internet and so as we look at the greater problem that is Disaffected people being drawn into an incredibly violent subculture that today is ISIL and tomorrow may be something else I think all of us need to focus our efforts on the law enforcement side But also finding a way to break that connection and counter the message Thank you very much. We might have time for one last question if you can get the microphone here Hi, I'm Jamie Keaton from Associated Press. This one's for mr. Stock and mr. Kaspersky Picking up on the question about ISIL The some of the attacks have been commanded from places like the Raka and Mosul and I'm just wondering from a technical standpoint and both from the law enforcement tools that you mentioned mr. Stock What is out there in terms of tools that you need to have that you don't have right now and from a technical standpoint What can be done to impede these types of acts and if you could just elaborate on what specific the threat terrorism You're speaking about the technical tools. Yeah Well, actually this I'm talking only about their malware based cybercrime So I'm not touching their illegal content or trading the contrafaith stuff So to investigate the crime based on the malware malicious attacks Well, actually we have all the tools in our hands technical tools And I think that I'm 99.9 percent sure that we can investigate any Criminal case which you made with these kind of technologies. We have experts. We have a knowledge we have We had a successful story stories and the major problem is not at the technical side The problem is that the local national police departments. They behave only within the national borders And of course, there is a cooperation. There is an interpol. There is a Europol But in some cases, there's still lack of their International cooperation between these departments and sometimes I'm a private company I'm in between so I connect the police departments from nation a to nation be but I'm saying hey You're both from the West why you're not talking to each other. It's to bureaucratic Eugene. You're much much faster link So I think that technically speaking we can investigate any almost every case criminal case because criminals They behave a say on a daily basis so we can come closer and closer and closer to serve us around them and The proof that they are responsible for the attacks in most of cases Thank you very much. Just very briefly from from my side two examples of the first example investigating digital evidence So so all all kinds of digital evidence that is collected Needs to be explored in terms of is there any anything any information? Law enforcement might need to protect societies from terrorist attacks for instance We need to have the technology in all our member countries to investigate these evidence Second point the big data problem when I was a young police officer's of course and we did a search somewhere We collected a lot of paperwork and then we went through the paperwork today We are collecting terabyte and even more of data as evidence and going through this evidence is a challenge both for law enforcement and the judiciary to collect the necessary evidence and also through a Corporation with the private sector. We hope to get the tools we need to collect this kind of evidence Thank you very much, and I think we're we have to close the press conference at this point Thank you very much for being here. Thank you for watching and a special. Thank you to all my panelists here today. Thank you