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Are the cyber threat we're gonna talk more about it now that's something we focused on a lot earlier in the hour the warning from the Department of Homeland Security in the FBI.
I think government and financial institutions -- a wave of new cyber attacks are expected from hackers the Middle East and North Africa so this time.
We'll focus here on Fox Business on some of the stock plays -- In ways you can play at the stock market Joseph best security see there's a regular guest with a some markets now and he's given some of his.
I'm ideas you've heard him talk about source fire says it's good upside -- to.
The next generation firewall likes TV and because of its cloud security solution in fort top -- -- Because he says it brings together and organized its network security solutions in one place ticker symbols -- on the screen there Joseph -- set source fires firm has a stake -- all these companies is a matter of fact that he joins us now from Harrisburg Pennsylvania Joseph massacre always good.
To have you on the show the couple things you wanna go throw.
Personally think companies we've had this discussion before but I think it was her earlier -- it was talking to a guest about.
You know the downside risk in the stock market and -- the economy from the cyber threat.
You see this and opportunities that that's -- basically how you look at right.
Well I look it is a potential opportunity when when and if these things happen.
I see it as an opportunities that exist today.
Investing in companies that I think will clearly be winners out of this and that's not always a good thing you mean they're winners because of bad things happen.
Frank you know Apollo thirteen was launches that Houston we have a problem my messages Washington we have a problem.
We got a problem with cyber they they're telling us this but I don't know the really acting on this.
Because what we're seeing is spending you know corporate America is spending the business enterprises spending.
Telecoms a little bit we -- we've got to get on the on the horse with that the cavium is -- play in there this semiconductors that they make that help.
Actually -- -- does it make a semiconductor we have to look at more packets more quickly and that that.
That hardware will -- software enabled that's why we like that but the problem -- is that I don't think Washington and surprise surprise.
He's doing enough to really protect this.
I I think that this sequester has hurt the spending.
I think you'll see the same about a spending but it much more compressed time period and I think men these names will move so in the meantime you know they've lagged a little bit so -- Part of this that's the decision we mentioned this earlier before you came on is the idea that hey listen as you say were playing catch up -- to some -- -- private companies are helping these ones that you mentioned are big part of that.
The resets your bet -- you -- -- -- they're helping us to catch up.
The case we mention the name Steve Jobs -- Steve Jobs earlier that you know he'd risk yet.
He had rushed so to speak the iPhone -- the iPad to market weather out there and you pick -- much of our group is that your theory I guess.
Is that we weren't ready for those devices from a security standpoint is that right.
I don't think there's any doubt about that now my theory really Connell -- is that and it gets its long and but but basically my belief is the -- Steve Jobs -- out yet pancreatic cancer the whole world changed from the technology side.
Steve Jobs used to work it with in an ecosystem -- figure legal system is a big bubble he used the press against that he was always pushing it -- but he needed that ecosystem.
Well one he found out that he was sick this is my theory and you know I have other week long not -- long enough done to get through at all.
But essentially he took what he had which was the next generation of computer which was an iPad or -- this is the many.
And he said no I wanna see true mobility I wanna go with the iPhone.
He had to get somebody to subsidize that.
He wanted other ones you want -- Verizon they were better prior approach he went to the lowest rated one AT&T.
And if you remember at the time people do predicted the demise of AT&T when they were gonna subsidizes to almost 300 bucks reporter -- -- whatever was.
So what's happened is if you talk to any.
CIO or any chief technology officer corporate America they're scared did that.
About all this mobility that you they like control they like to have control of what was going on.
People were bringing in their ipads and CEO in their blackberries and they say I want this yeah and I want this for our sales people.
And they accommodated them but we're not secure our panel you're not secure I'm not secure I'm not -- -- -- -- -- though -- conspiracy no wonder these people -- gonna hit this because this is our week Achilles -- -- -- gonna keep hitting us and it's gonna get bad.
-- and when this gets bad they're gonna overreact on some of these names but we've got to do corporate America.
Finance and look at look at the intensity of the attacks that are happening on financial services company that's by the government is warning it and that -- involved yes it's going to be big we've got to be.
As a country we got to be aware this is where the next war's going to be -- Joseph thank you as always -- best secure with that -- it's not a crazed.
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