Ladies and gentlemen, thank you very much for joining us on this panel. It should be very enlightening since it's something that affects all of us, all the governments, all the corporations and of course all of our own devices and our own personal computers. Building regional cyber resilience is the title of our panel. That in itself is not a controversial title. We would all like to think that there needs to be resilience, but how do we achieve that? Those are the challenges and how do we thwart those who want to break the resilience, right? A single cyber attack last year accounted for about four billion dollars in economic damage. That's just one attack. There have been a number of attacks in 2017 that I, as a journalist for Bloomberg Television, covered quite extensively including the Equifax breach, $275 million, plus its reputational damage. There are a number of headlines of different breaches and a lot of other attacks that we don't necessarily hear about. We want to tackle the questions, how vulnerable are we all? How sophisticated are the attacks now and how sophisticated will they be going forward? What is being done and what is not being done? And again, what kind of cooperation can be reached when there might be competing interests? My name is Stephen Engel. I'm the chief North Asia correspondent for Bloomberg Television. I've been covering Asia for nearly 30 years for various news organizations including 15 with Bloomberg. The panelists, though, far more distinguished than I, and I start here on the left, is Kristoff Nicholas, founder and senior vice president of Kudelsky Security, but also the Kudelsky Group CIO, chief information officer. To his left is Jane Plunkett, the Swiss Re-Asia CEO. Perhaps you can give us some good insight into the insurance angles as well as other angles. Over here is Stanislav Kuznetsov, the deputy chairman of the Russian Bank-Zehra Bank. Thank you very much. You can give very valuable insights into perhaps the vulnerability of the financial sector. And to my right here is Trolls Orting Jorgensen, the world economic form head of center for cybersecurity. Hopefully you'll be able to touch on just about everything. And the fifth member of our panel are all of you. So I would hopefully throughout the course of this roundtable ask for your input and questions. Raise your hand. The microphone will come to you and I'll be more than happy to have you ask questions. Please no comments. Just ask a question and single question, not multiple questions, please. I want to begin it here with Kristoff. Very simple question, difficult to answer. How vulnerable are we right now? That's a good one. So I think the first things that was to mention is that in the cyber world we are not equal. So there is first the asymmetry between the attacker that needs just to find one single weakness in your ecosystem. And unfortunately it does not have to follow any legal framework. And the one playing defense needs to cover 100% of his base while being I think restricted to some extent by the legislation. So that's the first equation. When it comes to defining that it means that we are now really facing a global playground with different role games depending about where you stay, which country you are in and in which industry you are. I think while basic attack are still the majority of the attack that we are facing due to the lack of what we call cyber hygiene or cyber wellness, which is even better, people are also now facing more and more targeted and sophisticated attack from governments to I think critical infrastructure, large organization. Those guys need to face those kind of attacks which are much, I think, difficult to handle and also difficult to explain and to see. You have mentioned some of the attack that hit the headliner last year, Wanakrai being one, but there is other one less visible that are also taking and keeping us busy when it comes to the cyber resilience aspect. The fact that there is now the blurring of frontiers between the virtual world and the real world with all that force industrial revolution kicking in the digital transformation, we have more and more sensor being connected to the grid to the Internet being part of that new game. More potential hole. More potential hole. The ecosystem is expanding and those are not always, I think, the priority when it comes to a cyber professional to take care of them. So again, there is a complexity that is expanding as well as I think more information be available for hackers. Charles, maybe I can bring you in as well. Would you agree with this and also why are we more vulnerable now? Is it because we're too complacent because there are more attacks? There are more ways in? There are more incentives? Why? Well, it's a combination of all what you say. Organized crime will primarily have three driving factors. Investment, risk, profit. In cyber, it's relatively low investment. It's a relatively high profit and it's almost no risk because the police for various reasons because crime doesn't happen in the same country. The perpetrators are not in the same country. They cannot really cooperate so there is no risk. So that's the first thing. The second thing I think is if you look at the room here that we are moving from PCs to mobile, that will increase the internet population dramatically. We will all have smartwatch and you have smartwatch but that comes in the second sentence. The second sentence is that you have IoT now so you are connecting the physical world with the digital world. Anything. That was what Christoph said. Everybody says it's hard to make estimations but if we say that the internet population will increase from 3.5 billion to 7 billion because we all have portable devices and at the same time you connect approximately 50 billion devices to the internet that have machine to machine communication and you then enable us all to store all this data because we have cheap cloud services now which was a problem in the old days and you utilize AI on all of that so you can get meaning out then of course you will see that your attack vector landscape is much, much broader now. So that is a bad thing and the risk is also. The good thing is that we are getting better, right? So we are actually getting better. Sometimes I say but we are getting worse faster and sometimes we balance these two things out but I think we will have a bumpy road ahead so it's not over yet. Later in the conversation we are going to talk about how we build a bigger wall or if that's the solution but it's Fairbank. Is it getting more difficult to keep your money, your secrets, your data, your clients safe? I think yes. I think financial organization today is number target number one for cyber criminals today. Why? Because they have main goal to stick money and before I would like to say that cyber crime has no borders today and one cyber gang for example can be located in several continents and commit a number of cyber attacks in couple of hours, maybe in couple of minutes and it causes great damage to the global world. And I think, not small statistic, you mentioned that in 2017 the loss from cyber crime amounted to one trillion dollars and is projected to grow to three trillion dollars in the next two years. In WannaCry and Non-Page cases it was two, the largest attack last year. It caused four billion dollars of losses and this is official statistic only. I would like to say that many companies and everyone knows that many companies cancel the fact of being attacked today. And cyber attacks bring enormous damage to the real world today and massive cyber attacks cause shutdowns in the work of thousands of companies, thousands of organizations in the hundreds of countries including Russia. And you know that in case WannaCry attack Russia was the largest victim in these situations and in these cases the red actors don't even need to go out of their home. And cyber criminals have turned national borders and what allows them to attack any sector in any country. And I would like to say that in this situation the geopolitical turbulence makes international collaboration more complex and slows down. More important but more complex. Look what's happening in the world right now. Absolutely. And so for cyber criminals have a lot of time today to cover up their tracks. And this is why complex cybersecurity system in the organization is essential. And I mean it is very important for the large companies, for the large organizations to have developing cybersecurity system. And for our experience we can distinguish I mean several key areas of complex cybersecurity system within an organization. First of all processes, standards, rules. We have different rules today in every country. Second point is work force, work forces, technical tools. The third point is education and trainings. Maybe cyber vision, cyber culture, cyber trainings on the different levels for technical staff. One cyber security training and for high level top manager staff, another one. And the last point is the collaboration. And collaboration on domestic level and very important to have collaboration on international level. Right. Collaboration in good faith at a time right now perhaps when there is disruptions in the global economy and even between the two largest trading countries in the two largest economies in the world right now perhaps it gets knocked down the priority list. Would you guys all agree? And that plays to the perhaps the playground of the criminal, does it? Yeah, I think maybe just I'd take a step back and talk about the risk that we face here. We talked about risk already. So we all face all kinds of risks in our lives. And we always like to talk about, you know, how can I protect myself in this new world of cyber? And if you think about the other kinds of risks we face as people think about your health insurance. So what do you do first with health insurance? You try to keep yourself fit. You try to eat properly. You try to avoid getting sick. So you first you take many mitigation efforts to keep yourself healthy.  So I think of cyber the same way. The first step is that you try to manage the risk, whether that's a company or an individual, manage the risk first through these mitigants that were already mentioned. Having the right IT protection, training employees on how to respond to different kind of phishing emails. Those are the first steps in this kind of risk management world. And then insurance comes at the end to transfer the risk that you cannot mitigate yourself. So I think it's easy to talk about all the threats, but we also have to think about the risk and how do we manage the risk. And the mitigation of that. And it's a new, well in emerging I would assume part of the insurance world. It's fairly easy to count up the number of cars and houses that are damaged in Hong Kong from the typhoon, but far more difficult for a cyber attack because there's so many problems to it, I would assume. Yes, and it's as the other panelists have said, it's crosses boundaries. It's not physical. So this virtual world creates a very different tracking mechanism. Yeah, just to jump on that. So I think we need to step back and say, OK, yes, maybe we have missed the point. If you think about the software industry, someone was telling once that you have a database, you don't have any liability, you put four wheels around it, then you start to have some responsibility. So I think it's time to make sure that we understand that when we connect infrastructure, we connect asset. We have also some responsibility and obligation. Yes, great power, great responsibility also there. And I think we have neglected that. We all know and there was a discussion yesterday about the lack of talent, the lack of understanding about those risks at every level. And I think, yes, we need more experts and more scientists for that, but we need also to make sure that our leadership really understand what is at stake. It's not anymore the e-commerce on the side. I think every business is now dependent about the Internet and the capability to reach the global footprint there. So therefore, they cannot neglect that or delegate that too much. I want to see more deputy chairman coming to cyber security discussion, not only CIOs and responsible of cyber security center. Before we get into how we need to stop this or prevent it, we need to get a sense of the sophistication of the attacks and how it has evolved. Do the hackers or the attackers have the same tools as those who are trying to put up the wall, yet they don't have maybe the same respect for the law, they don't have a bureaucracy within the government, they don't have bureaucracy within the company, and maybe they have a few steps ahead of the defenders. Yeah, one of the challenges that in any type of battle, you need to understand the battlefield. So on cyber, the battlefield are us. Our assets are connected to the Internet. Your asset may be connected to the Internet and the back guy's asset will be also connected to the Internet. So how do you build that situational awareness mapping about that? Because on top of that, it's not a static battlefield. It moves during the year. So you may have an unpatched smartphone that will be attacking thralls next. And I will be taking benefit of that. So how do I map that? How do I make sure that even if you are not in business relationship with me, I want to make sure that you are doing your duty of patching and taking care of your asset. So that complexity is by definition of the way Internet has been built, one of the struggle. Because if I look at your asset, I may be reaching some privacy law, or I may be overarching my responsibility or duty. Whereas on the other side, the attackers will do that on a regular basis. And they will know exactly when you are not doing your duty, and they will take benefit of those. Is the answer. Go ahead. No, I think that cybersecurity is more than tech, and I know that you share that, Christoph. So tech is one part of it, and then you have people as another part of it, and then you have processes. And I think that you need equally to have holistic security, so you make sure that criminals are rather lazy. They are not trying to do it very smart to steal money. If it's easy to steal money, they will do it, right? So they will just misuse the lack of cyber hygiene in an organization to do it. So what I was in the bank, I always looked at who is the guy after me, the adversaries. If I know that, then what is their motive? He said money, blackmail, do they want to wipe, do they want to steal IPR? And then I tried to anticipate what kind of tool did they have. Then I looked at my own network. Where's my known vulnerabilities? Then I looked at my crown jewels, and you shouldn't protect everything at the same level. And last but not least, then I need to have my controls. Are they adequate to my appetite? There is no 100% security in cyberspace. It's not in physical, so you just have to create that. And I think again that the criminals have the upper hand now because we are sloppy as private people. First of all, secondly, as businesses, the majority of big corporations have a very flat network. It's not segregated. So if they have an entity in Africa, you go in there, you can probably reach their data center in London or whatever. So there is a number of areas where we can simply improve. And I think basically that insurance will do that a bit because you will have to pay an enormous amount in premium. To cover everything. If you don't have basic security, so they will probably lift the bar a bit. Yeah. I mean, do we not concentrate on the psychology of motive enough? And do banks, such as yourself, just try to build a bigger wall? No. We, like bank, have several products and insurance as well today. This is modern products. And I think like bank, we have main goal to protect our core systems and our clients. For protection of our core system, we have security operations center. This is modern center with many, many people. And for protection of our clients, we have fraud monitoring center. These two legs allow us to protect and to be very, very, very good on the market today. And I think it's very, very important to have the exchange of processes. 80% in every company, in every large organization to change processes and standards. The software, technical tools are not expensive or are very expensive. But 80% of the work in cybersecurity is changing of processes. This is a successful way to be successful. I think if I may add that money is one thing that you can steal. And that's, of course, very unfortunate. Normally banks will reimburse the customer at least up till now. But I'm more concerned about the future where my whole life is online. You know, it's my identity, maybe my biometrics. You know, everything I do, everything I like, everything I... And we're kind of pushed that way. We are pushing that, yes. It's not like I want my whole life up on the web.  If you want anything for free, you're the product, right? So you're not getting free lunches here. So people then want to have your data and if you are... And that is also something we in the future need to protect is our privacy and integrity on top of our economic security. Where you can replace... You can replace money. Money. But you can replace everything else that I... And my whole track record. You know, my phone knows everything about me.  That is also valuable for criminals and many others. And your phone watch you. It does. Put the black tape over the camera, right? Yeah, and any one of us are now the system administrator of our phones. So except if it's a corporate phone and someone is looking at your back and taking care of the security there. As individual, we have the duty to keep that secure. And nobody likes the burden to update every day. I think nobody likes the burden to have a different user interface every day. As a group CIO, I know that I ask my guys to be business focused and to make sure that it's the convenience aspect on our system that is important. But security comes with a price tag. So you need to do that and you need to enforce that. And that's the difficulties because nobody wants to change a system that works. But there is a monthly patch on every system. So except some disruptive car company that are pushing your date on the car. Have you heard of any update, forced update on the car before? Average car have about 20, 25 computer built in. Do you think that there is no bugs in those appliance? So it's a change of mindset that we need to accept, unfortunately, to make sure that we will do that type of upgrade. The vulnerable ecosystems are vast.  Corporate and financial institutions, governments, individuals, airlines, automobiles, IOT, energy sector. We saw a state sponsored attack of the US energy sector, I believe, last year. Medical systems are at risk. Again, as I said, the financial sector goes on and on. Back to the insurance sector. How do insurance companies or our insurance companies adequately assessing risks when each one of these ecosystems have their different vulnerabilities and different preparedness? It's one of the challenges because we live in this, as we said, this interconnected world. But all of the things that we ensure are also connected. So it's been a multi-year journey to think about how can we model this? How can we partner with some of the companies that actually know how to model this risk differently? That's what insurance companies do all the time, is model risk and try to predict what it looks like. But this one is a bit more difficult. And I think the interesting thing always about these discussions is we tend to focus on the large companies, the large banks. But the reality is there's a tremendous number of small and medium-sized enterprises all around the world, particularly in this region, and they don't have the same sort of security measures yet. And the cost might be too high for them. So I think that's the other thing we should talk about is these smaller companies and how can they get the same sort of risk mitigation as the larger companies do? Well, how do that? And are they targeted? Are the small... Yeah, they are all looking at the global markets as an opportunity. With a couple of people and PC, they can access those consumers, but without having maybe the knowledge nor the focus on the basics of cyber hygiene or security. So we need maybe to create incentive for them to look at that. I think when a country is pushing for, I think, clean energy, they are creating incentive. Are we doing the same in cyber? If we really want to tackle that, are we, as a community, as a public-private partnership organization, re-creating that incentive? So where does cyber hygiene to borrow your term? Where does it begin? Cyber hygiene begins here. So it's that I update now to iOS 12 that I make sure that I have secured everything that I look into my privacy settings. Every time you download an application, the first thing it asks, you could have access to your camera, to your microphone, to your location, so no, there's no need for that. And then secondly, I would say that you asked about cyber criminals. It's organized cyber crime. They're very, very good. And they will attack a medium companies as well. They do it very much and very organized by stealing credit card credentials, buying online from these shops. They sell a commodity to a mule that receives it. And this small entity is going to pay because the bank is not going to pay. It was probably a card that was stolen and the credit card company is not going to pay, so it's the person who lost the asset that is going to pay. And I think that again shows you that it might be a faceless crime for the crime committer, but it's very much a crime that has implications on the victims. And that's also why I think it's so important that we discuss it and that we protect the good side of the internet and the ability for the internet to drive prosperity and growth and lots of good things, but we simply need to do a bit more in the security agenda. And we tend to forget that. We spent a lot of time talking about cyber currencies and we know that there's been a nefarious angle to that as well. Has that promoted maybe the propagation of ransomware that we've seen? I saw a 2700% increase, 2500% increase in 2017. There's no doubt that, again, when I was a see-saw in a bank, all the ransomware attacks that we got or blackmail attacks, we should pay in bitcoins. Bitcoins, yeah. Period. When I was a police officer, there was loads of child sexual exploitation where you could watch kids being raped live and then you paid for that in vouchers that was anonymous also or Bitcoin was not so up-to-date at that time. So anonymity in that area, of course, fuels a lot of activity. That is simply as simple as it is because people don't want to get caught. So you try to minimize the risk. Right. So do you take away through government intervention the avenues for people to get rich that way through a cyber currency or a cryptocurrency or does it, again, start with building a bigger wall? That's the big question. I think it's a bigger question beyond cyber security because there might be other drivers in that. So I'll just narrowly keep focus on that, that virtual currencies is very, very much used in cyber crime, period. You've seen that, too, with your numbers? Yeah, definitely. That was something that was adopted very first way by the bad guys because it gives them, I think, that sensitivity. They cannot be traced or are difficultly traced and also the issue is that law enforcement, at least we've started to see Bitcoins what, eight years being used by the bad guys, if you go to your preferred law enforcement eight years ago and say, okay, I run some in Bitcoins, they will look at you and see from which planet you are coming from. So I think nowadays it's more common, but I think they are using also that delta between the people and the education. We should not confuse that the transportation layer for crypto and currency blockchain is very, very good. So it's not connected. And that can be used for security purposes also. Absolutely. What would you like to see as far as government and private partnerships? So it's a bit hard to dream about everything, but I would say there's a few things. So for example, data protection regulation does help. I always have to be careful with regulation to have the right level of it, but I think it does help also in terms of setting standards. We see that in certain countries and it does help us to create a more predictable insurance market by having these standards. But it creates silos of protection, if you will, individual countries instead of for all of us. I think there's probably a hundred different nationalities in this room. I think maybe that's a question for the World Economic Forum to think about how do you bring the whole world together in terms of these things. The reason I like the mission that we are trying to get off the ground now is that it's a fact that the world gets more and more online and the risk will still increase. At the same time, the trust between nation-states is going the other way. So it's not easy to get law enforcement to work together from Russia, China, US, UK and EU. And that's of course what the criminals benefit on. That's what I said, it's risk-free. That's the first thing. Then on the positive thing, I actually happen to believe that if you take the best and the brightest we have in private companies, in governments and in academia and bring them together and put a problem, a cyber problem in the middle we can do something about it. I simply think we can. The problem is to bring them together and first of all create trust between corporations. In the beginning banks would never say anything to each other because that was a lack of faith and whatever. I think they have changed that now. I think that everybody realizes that trust will be the biggest competitive differentiator for the future. But to secure the internet and make it crime safe is not a competitive differentiator. We will work together. I'll work with a Russian bank with no problems, with a Swiss company or with everybody. And that is what we are trying now to do by bringing these together in a neutral place, Switzerland and Geneva. They might not meet in Beijing, in Moscow or in Washington but they might meet here and we might be able to bring people together. And if we do that and we are not trying to do a PhD over the next six years but try to keep up pace and deliver actionable, impactful solutions I think we can actually move the needle to our advantage. I don't think it's so difficult that we should give up No, no, of course we can. Well, as an executive of a major Russian bank is there a trust deficit right now in the world that pushes this down? I think the private companies can be faster. They can be faster in comparison with officials, with law enforcement as well. And we can push, for example, officials as well. We know our problems, we know exactly our clients. They have problems as well. And like example, last year in Russia was launched the government program Digital Economy in five directions. The fifth direction is cybersecurity. And I run the Center for Competence of Cybersecurity from the business side. And we have great opportunity to create the special plan for changing the situation. And we can push officials to change the situation, to change legal system, change rules, change standards, change education. And I think change technical rules in many, many companies. And you mentioned that huge companies have expensive cybersecurity complex systems. Yes, right. But many, many countries have legal law for critical infrastructure and law enforcement responsible for this infrastructure, that's critical infrastructure. And who is responsible for smaller companies? This is a big question today in Russia as well. I think trust, the trust issue is suffering from one thing. That is that you put everything that happens on the internet into the same basket. I'm trying with my sensor to separate. The sensor will only deal with cybercrime, greedy cybercrime, terrorism or hacktivism, not nation state activity. Nation state has always spied on each other. They've done that and they will do this also in the next 200 years. You're saying, including in the news media, we lump it all into one threat. You know, to try to influence opinion from one country has been doing, you also went on during the Cold War, you know, before the incident. To influence politicians and whatever, that's one thing. I'm trying to separate that because that pollutes the whole discussion about trying to do something about the organized crime. So they again are profiting from our inability to work on that area. There might be gray areas, fine, but still if we take away the gray areas, we have 70% of the evil things going on on the internet that we can do something about. And I think that I've actually received from a Russian bank information about crime going on in a western country. They just handed it. And I could then send it on to that company in that country and say, you are infected by this and this and this and do something about it. And they did and saved loads of money. And I think I've got from you four reports. So again, it can be done if we want to. We need collaboration for sure and to build on what Stanislas has said. Sometimes a gentle push on the back from the private sector to the government helps. I think it's matter of leadership in any type of new threat. Sometimes there is that hot potatoes going around there. And also in Switzerland, we are pushing now the government through a digital Switzerland to speed up a bit the process when it comes to digitalization of the country. And I think one of the outcome was that they agreed now that they need a Mr. or Mrs. cyber at the government level at the top level to re-tackle that because before it was kind of a heaven level position. Yeah, it's always the same. So it's okay. Is that the army in charge? Is that the law enforcement or so everybody were involved? Nobody was in charge. So I think now we are tackling that. And that's also something. It's a pattern that we see a multiple time in country. Even in the army, sometimes you need a joint cyber defense organizations to tackle that. So we have open book for Center for Cyber Security. Right. So we need a multilateral approach, but at a time when bilateralism is taking center stage right now, we can't even come to conclusion or agreement on climate change for God's sake. So it seems like it's a bigger task than just sitting here and saying we need to cooperate better. It's a much bigger task than that. Wouldn't you agree? Yeah, it's definitely a big task. But I would just pick up on this framing of the issue because I think it's a really good point. It's always easy in these settings to talk about these really scary scenarios and sort of state sponsored attacks. But I think the point is that you make is most of what we see is actually it's business related. We have standard practices that can address it.  So that's one thing, stealing the data. The second risk is what we call business interruptions. So does your business, is it closed for a period of time and you have a loss of income because of that? And then you have this bigger threat, right? This state sponsored. And I think if we think about those first two risks, it's more manageable. Yeah. It's more modelable. Yeah. The third one is it's a bit hard I think for the private sector to deal with. You might get there if we deal with the two first. Yes. And there might be norms like there are norms in warfare and whatever. Yes. But that's not a starting point. Starting point is that we all, I remember when I was in Europol, I had actually two Russian captains from the Moscow police working because it was child sexual exploitation. Everybody hates that.  I think we can do the same with pure cyber crime. I think we can. At least we should try. And then we'll build trust. Don't expect miracles. But what is the alternative? Yeah. Can we ever be 100% safe though? No. No, no, no. Nowhere. How many people in this room have been hacked or think they've been hacked? Pretty high number. Pretty high number. How many people have no idea? That's arrest. Anybody who says that, they probably have been hacked. They don't know that it was hacked. Well, because you mentioned that, okay, 2017, there were a lot of high profile, whether it's what want to cry or some of the other big attacks. But there are many other attacks that are happening already this year that we don't know happening behind the veil. Yeah. I think there is a continuous noise of attacks or the opportunistic type of hackers that just look for unpatched, unsecured devices. I think if you go to the global situation space, we demonstrate some. We took an attack from 2014. So four years old. And at that time, we started to monitor the, let's say, quality of the reaction of the security professional. So in matter of two days, only 17% have done their duty. After a month, 50% of them have fixed the issue. But more frightening, we checked last December.  So the opportunistic one will always look for that and they will always find their share of that. The same way as you are receiving spam email, sometimes 0.01% will click and that's good enough for them. So that noise is ongoing. And most of the big corporation, most of the country are dealing with that. I'm not saying that they are solving that, but they are dealing with that. But my kids or my father are not aware of those kind of things.  And then for, I think, big corporation, big country, you have Taylor and Sophie, that are ongoing. Unfortunately, it's not because you don't see that in the news that they are not happening. On average, an attack will be sitting in your ecosystem in your servers for more than 100 days until they are found. So even if you are looking as an educated company on cyber, you will probably miss it for a couple of months. Right. And a lot of these attacks into a corporation, I know at Bloomberg, they put the onus back up onto the individual employee as well. Oftentimes, we're the point of vulnerability, aren't we? Since there are so many different avenues to get into a system. Bloomberg is completely safe. Of course. Let me just say, in case my boss is watching. But it's the individual that makes either an unwise click or what? It's not always just the IT department. It's to your point about, can we ever be 100% safe or eliminate 100% of the risk? It's not possible. But if you think about all the other risks in your life, you can't eliminate those either. So what we've done over the years has gotten smarter about those things. I gave the example of health insurance. We've all gotten smarter about how things affect our bodies and how to remain healthy. And I would say we need to do the same thing with this threat. We need to get smarter about it and understand how things affect us. And then we can manage our own personal risk a bit. And criminals are lazy again. They don't want to spend $1 to steal 50 cents. They want to do it because it pays off. So I think that if you make it a bit more tricky because you have cyber hygiene, you have what you should have also in the company, we can now drive it down to an acceptable limit. The only thing we need still is the third, you know, the nation state always says we can prevent, we can protect, and we can prosecute. That's the three ways that you influence crime in a country. And you can increase punishment or whatever. But here the third pillar is a bit gone because the criminal will never ever visit China to steal money, intellectual property or ID, always be on a distance. So it's out of reach for law enforcement, which again then demands that law enforcement works together if you want to drive down the risk.  What's the best deterrent? Because I was seeing number two, you know, you talk about the aviation industry. There's going to be a pilot deficit of XXX percent. There's in the cancer world, there's going to be oncologist shortage. I would assume there must be, if this is growing threat, there's going to be a shortage of experts to protect the systems. Already now I think the number is at least a depress around 3 million globally that you lack of cybersecurity experts. And that is something you can see very clearly also, and I would guess the insurance industry will also adjust premiums about that because they will, I remember when we had a cybersecurity insurance, they will come and assess our level, our expertise, our tools and whatever. So that is part of it, and we lack that. So that is one of the projects we have in the center is to see if we can produce more cybersecurity workforce so at least you have a talent pool that you can begin with. Yeah, but going back maybe to the analogy of cyber hygiene, it's the same as before we had proper hygiene there, there was a lot of infections, so we are not discussing about the number of doctors or surgeons that we need. We need to make sure that everybody understands the basics there too. And that started at the kindergarten. I have the luxury to live in Switzerland. We still have policemen coming to the kindergarten to explain to our kids how to cross the road because the big innovation last century was the car. So they are still starting there or how to brush their teeth or stuff like that. So let's make sure that we have the basics also understood by our kids there. And then they will do the reverse mentoring. They will teach our teacher, they will teach our elderly people and that will at least clean the basis. Because if we only had doctors, surgeons, security experts, we are not tackling the issue. Just to stress that I think that maybe our education system also needs adjustment. We cannot wait five years to have a computer science expert. And we have loads of talent in my world that wants to be the good guys, but they don't want to go to a university for various reasons. But they are very, very good. And if we could get them into some online diploma courses of three months, six months and nine months, I can't think that we can actually have somebody moved into then a sock and then they can grow into that. So I think that's also maybe part of it. How much do you spend on cyber security and how do you know it's enough? We have in cyber security division today in Sberbank 800 guys. 800 employees. 800 employees today. And in dollars I think maybe... Is it enough? Maybe, no, it's not that secret. How much? In rubles this is two billions rubles. How many? Two million rubles. How much? Thirty million dollars. Thirty million dollars here in the year. It's not expensive, but I think I give one example. We need another level for sharing information. For example, we are using today AI in our core systems, in our cyber security complex systems. And for example, when we have telephone number, cyber criminal number, telephone number, we can see in one second the whole net, the cards, the accounts, the banks, the addresses and the different differences. We can share this information with law enforcement, with our colleagues. And this is very, very important to have automated platform for sharing information. It's very important and I hope in... AI is going to be critical. ...center for cyber security. We can organize most faster in comparison with officials. But to come back to your SME point, I think that's where we are not equal. Right. On average, companies spend between let's say five to twenty percent on IT spending. And out of that, roughly, between also five to ten percent are spent on security. If you have a big number in terms of your top-line revenue, then you can do things. An SME, even if they are doing a few hundred K, they will have only the money to maybe pay for the antivirus and that's it. So that's where they need help, because they cannot scale, they cannot really have their internal program there. So they need to rely on someone else. And that's a big issue, because that's a big part of the economic... AI will be both good and bad. I just attended a presentation today by an Israeli professor that explained that AI is used by you and other ones in defence. But adversarial AI is now the new black for the criminals where they can much, much faster scale their attacks and they can find vulnerabilities much faster. They can bypass other AI and they can find vulnerabilities quicker. Yes, and they can invent new types of crime. So that's areas that we need to look into also, because the problem with innovation is it's done for the good part, but very, very soon you'll look for the bad part and then we just need to be prepared. It's not too complicated, it's just another thing we just need to take care of, to look at this also, because every weapon will be used for two purposes. You build a weapon, it's always used, right? Expensive or not. Sberbank is the largest bank in Russia in Eastern Europe today. It's the first company in Russia on capitalisation. We have 300 employees, 300,000 employees in 60,000 branches. And we have 120 million clients today. It is huge responsibility for our clients. I was just thinking, it's interesting, because in all these different sessions around the forum, some of them are talking about, will all the jobs disappear because of automation and robots? It's kind of interesting, because our discussion here is actually about creating jobs. We're saying we don't have enough digital risk engineers, we don't have enough support for SMEs. So it's kind of interesting that actually, this is probably creating quite a few jobs in the future. AI will probably take out some automated job in the lower end, but you will have a need still for the human brain and interaction. To assess motive? Yeah, in many, many years to come. Because you can teach and AI everything, but not the motions, right? Are there questions from the audience? This is your chance for your burning question. Very good, we have covered everything. Here's a question here. My name is Hugo Rohner, I'm the CEO of SkiDate. I have a question for you, CEO of Switzerland. What are you doing in your job to make sure that you're having things under control and you're not being hacked as a company? So we're like all other financial services companies. So I think you've given all the good examples of what the banks do, and insurance companies aren't different. We have a certain responsibility to protect data, and we have all the common IT measures that all the banks have as well. So I think insurance companies are not different in that way than banks are, given the large volume of personal data that we have. We also do a lot of work with our employees in terms of teaching them. What it means, we do little tests to see do they click on the mail that comes through. And of course, many people click on the mail, and it helps to teach them that they shouldn't do that, because this awareness of the risk is really the only way to help prevent some of these things. Making everyone more aware of what's coming in all the time, I think, is the key. So this training around hygiene or cyber defense is, I think, of critical importance. Maybe this is about culture. This is cyber culture, maybe, to create some cyber culture. Security needs to be part of your corporate DNA. On average, one out of four or five will click on a phishing email in a company. One out of five. So it means that you need just to target five, ten people to do that. When you train them, you can go down maybe to one out of twenty or one out of forty, but still there will still be someone that click on that email that they've been told not to click on. And that opens a hole. And that opens a hole. So we should not only blame the end-users. So we're discussing about that there. So they need for sure be educated. But as an IT guy, you need to make sure that that email doesn't reach you also. So it's a balance between, I think, what we can do in the back-end, as well as how to educate end-users. How big an industry is the insurance industry for cyber crime, for a company to take out a policy to protect and mitigate their losses of intellectual property, data theft, financial. How big a market is that becoming now? It's a growing market. So there are as many estimates as there are risks about how big this market will be. But I think it's important to know that it's not a new market in many ways. So it's been a market in the United States for a few decades now in terms of data protection. And there's about $2 billion of insurance premiums written in the U.S. to protect this. So if you think how can you scale that, you can imagine multiples of that around the world. But in the U.S. it's not a new market in terms of data protection. I was seeing one number. The reason I ask you is cyber insurance market on track to triple its worth to $7.5 billion by 2020. Sounds small number. $7.5 billion? I think the issue is that, again, the first defense is to protect your IT system, train your employees. And then comes the risk transfer. But if you have so many dollars to spend in your budget, most companies spend it first on protecting their IT system. Are there more questions? Back here. What's the most creative cyber attack or phishing attempt that you have either encountered or know of? You maybe ask Kadevsky here. So I think just to take the simple one because I think it's interesting. Even if you educate people not to click on that email, now hackers are calling you before saying, hey, you will receive an email from my CEO and you have an important payment to be done. And that lowers drastically the sensitivity of the guys not being able to click because you have broken that. So someone called me to do that. So as soon as you mix what we call social engineering capability, you engage with people and then some technology, then you are very efficient. So sometimes very basic, you call the guys and you will receive an email, click on that fairly. It's very important and you're done. Russia is a huge problem with social engineering too. Yeah. Social engineering, yeah. Yeah. So that's one of the best vectors that you fight now, social engineering. They go to LinkedIn because everybody will update anything on LinkedIn because you want another job right. You put all your credentials in. And then they will search, if they want to search, Spare Bank or Bargdis or Kudelsky, they will search for employees that are employed in IT with admin rights and whatever and it will narrow down. Yeah. And then sometimes they will even then predict that they are headhunters. So they will send you an inbox. They have a profile as a headhunter. They say, I have this great job, $1 million plus a bit extra. You have a really good profile. Would you be interested? Yes. Could you send me an updated CV and you send an updated CV with all kinds of private information, your private phone number, your private address and your wife's shoe number and everything to convince this guy and then they will use it against you and they do it, right? So they're very, very good in that. You can look at the Internet on black at this year in Vegas in July. One girl was good at social engineering and was just calling your bank pretending that she was the spouse of that guy and they have added her on his bank account. She put a baby crying in the background and she was just arguing with the guy, I need to pay that payment and not receive my credential. So can you add me that in two minutes they were in? Two minutes. And you know what? Fake social sites. So have you checked how many of you have a duplicate? If you're important enough, you will have a Facebook page or Twitter page. I can assure you or LinkedIn. So my previous boss, we took down 272 fake Facebook accounts every quarter for him. So people produce them with the right pictures and names and then other ones, they really want to be friends with the chairman of a big bank or whatever. And then again, they start social engineering. Loads of potential, yeah. Hi, welcome to the days of just having a virus on your computer. It was easy. Yes, over here, Sarah? Hi, I'm Sarah. I'm a global shaper from Vienna, Austria and I work for the Impact Hub. And you mentioned quickly the energy sector. And as far as I know, the energy sector is connected in whole of Europe. And I wanted to know if you know about how well protected the energy companies are and how likely a European-wide blackout is. I think there was a US power grid attack in 2017. This is critical infrastructure. I think it will be classified as critical infrastructure. So it will normally be on the radar of the national governments. That doesn't always increase cyber security, but that's an indicator that they take it serious. There is a number of tools that are very, very good to attack grids and electricity power stations. And we actually work with the energy sector, because again here they want to work together because they have similar problems and the enemy could either be a nation state for preparation or it could also be somebody who wants to blackmail them because they know that if you blackmail, if you encrypt a power station or make it go down and all the lights go out in London or Brussels or whatever, you are in deep trouble, right? So you will pay your ransom. So I think that they have a double dip. We have only one minute. Does anybody else have a last takeaway from this? Oh, you have a last question? Okay, quickly. Hi, the question is just that, what do you see in the near future, the nearest collaborative initiative across at the national levels? Have you come up with something? I hope that we will be able in the platform in the cyber center in the World Economic Forum to have partners and we have a very good beginning from Russia, from China, from Asia, from Africa, from Europe, from the US, from the Americas, first of all on state level, secondly then on business level and thirdly on business level in various sectors. Now we start rolling the ball I think in the crime area, not in the other areas. And I think that we day by day build some kind of trust and that we all share the same desire to make sure that the internet is not polluted by crime and that regardless of if you are trying to steal from a Russian, a Chinese, an American or a Dane, I think we share that. So I'm very optimistic. Again, don't expect miracles, but we are actually moving. And we should all practice cyber hygiene. That's very important. That does it. Thank you very much.


Hi friends, welcome back to my channel and a very special welcome if you're new here. My name is Jen. I'm a certified weight loss and nutrition coach and I'm on WW personal points. It'll be Saturday friends, it's Saturday. So it is grocery haul day. I'm going to be sharing with you everything I picked up for the week, what's on my menu for dinner and what you'll be seeing on Monday for meal prep.  It really helps out my channel and lets me know to keep putting out these grocery hauls every Saturday. Make sure you're subscribed and your bell is turned on because I upload five days a week and you never want to miss a future video. Check out the description box down below for nutrition coaching. I offer personalized to you macros and calories, highly recommend and one-on-one coaching if you would like to chat with me directly. Links and discounts to my favorite things and my Facebook group are also down in that description box. So we've got a haul, so let's jump in. So let's go ahead and jump into this week's grocery haul. This week I actually shopped at Sprout and at Walmart. And we're having a voiceover for this week's haul because we once again have a little bit of construction going on in our house. So starting with what I picked up from Sprout, I have been wanting to try these chips made out of chicken for so long. I saw them there, had to grab a bag. And these were on clearance for $2.49. Truffle rosemary sounds really good. And these chips actually have eight grams of protein. I also picked up some bulk trail mix. I love trail mix as a healthy snack. And then lastly, I grabbed some fresh mint just in case they didn't have it at Walmart. Oh, that wasn't lastly. I did grab some candy as well. I love these Sanders caramels. And these are the minis. So you get a lot for the points and calories. So I was pretty excited about that. Then moving into what I picked up at Walmart, starting with this Milo's Zero Calorie Sweet Tea. Delicious. If you want to find this in your area, grab it. I also needed some chicken thighs for a dinner recipe, some light shredded cheese, also for a couple of recipes this next week. And then Troy wanted crackers and soup. So I grabbed some Zesta Saltine crackers for him and some peanut butter. He requested Jif. He doesn't like my fancy peanut butter. So I picked up a small container of Jif. I also decided to invest in some squeezed ginger because I hate, hate raw ginger. And this just makes my life so easy. This was a product that was new to me, the famous cluckin' sauce from G Hughes. I'm going to use this with my chicken nuggets and my air fryer. A couple of soups for Troy first is the New England clam chowder from Pagresso. And then I also picked up the beef pot roast with country vegetables. That way he has a couple of soup options. I also needed some crushed pineapple for my meal prep. This is for my dessert recipe this next week. And for breakfast, I needed biscuits. They didn't have the small biscuits at Walmart, so I grabbed the Jumbo. Gatorade zero for Troy. It's hot. He's been going through quite a bit of Gatorade zero. He also asked for some salami for meat, cheese, and crackers. We are back with meat, cheese, and crackers. He also requested the sea salt caramel yasso bars. These are his all time favorite, and it's a healthy dessert choice. I needed some light cool whip for my meal prep and some feta for my lunch meal prep. I'm making such a good recipe for lunch. I cannot wait. I also needed some one third less fat cream cheese for my meal prep. We were out of mustard and spoiler alert, this organic one from Great Value is so good. And for dessert, for me, I grabbed Trufru. I love Trufru. It is so good. A big case of Diet Coke for Troy, as always. And then a couple more of these ready rice. I have Uncle Ben's and a Rice Aroni. These are super good. They're super, super good and very quick, easy, and convenient. And then I was actually on the hunt for the Jimmy Dean turkey sausage crumbles, but they didn't have them, so I grabbed the links. For produce, I grabbed some frozen broccoli, a big, huge, ginormous cucumber, some great tomatoes. This is for my lunch meal prep, as well as some organic spinach. This is for my meal prep as well. And then I wanted a chopped or shredded lettuce, and I saw that they had romaine instead of iceberg, which has more nutritional value. So I grabbed that. A red bell pepper and some fresh basil. So that is everything that I picked up from both Walmart and Sprouts for the week. So let's jump into what's for dinner. So here is what is on my menu for the week. So today's Saturday, we are going out for dinner as usual. Tomorrow, Sunday, I'm making huli huli chicken. You will see this recipe in Wednesdays, what I eat in a day. It's going to be incredible. Monday, I'm doing a sausage and mushroom pasta. Tuesday is always a leftover night. Wednesday, I'm doing a chicken bacon ranch sheet pan dinner. I love sheet pan dinners. They're so quick and simple. Thursday, Troy's request was spaghetti, and then Friday, we'll have leftovers. And that way we can finish up everything from earlier in the week. Here's what you'll be seeing on Monday for meal prep. So for breakfast this week, I am making a biscuit egg casserole. This sounds so good. And then for lunch, I'm doing a Greek meatball bowl. I shared with you guys last week that I am making bowls all month for meal prep. And I've been loving them. This one I'm pretty excited about. And then for dessert, I'm making pineapple delight, a summer fresh yummy dessert. So stay tuned for all three recipes in Monday's meal prep. Thank you for joining me for this week's WWE grocery haul. I hope you enjoyed seeing all the good stuff that I picked up this week from Sprouts and also from Walmart. I am really excited for the dinners and Monday's meal prep. So definitely make sure you're subscribed and your bell is turned on so you don't miss Monday's meal prep. I'd appreciate a big thumbs up if you enjoyed a grocery haul. And check out that description box for nutrition coaching, links and discounts to my favorite things, and my Facebook group. We'd love to have you. Happy Saturday, friends. And I'll see you in tomorrow's home tour. It is finally here. So stay tuned for tomorrow's video. Bye.


Hello and welcome to the Grand Line Review, your source for everything One Piece. Today we have a review of episode 873, pulling back from the brink, the formidable reinforcements, German. And it's pretty much all right there in the title. This definitely wasn't a bad episode, there was a lot of great action and despite the amount of filler thrown into it, I never really felt the pacing drop to an unbearable level. So it was quite successful in sustaining itself, which is a grand achievement for the One Piece anime in this day and age. I do have two particular filler scenes that I want to talk about though, one of which I think is absolutely horrendous and the other one of which I think was done quite well actually. We'll start with the negative one because why not, and it's a scene where Sanji launches into the air and is then targeted by the Charlotte Decouplets with bazookas or whatever they are, and in order to be saved from this, Niji, Ichiji and Yonji all team up and perform their black bug technique on the cannonballs or whatever they're firing. And right at this moment it just feels wrong. It should not take three members of the German to prevent Sanji from being hit by these shots, and as it turns out that feeling is entirely correct, because later on in the very same episode Sanji is assaulted once again by what looks like a significantly more powerful bazooka shot, and Niji then steps in all on his own and completely neutralizes it by doing literally nothing. He actually just lets the shot hit the back of his raid suit, and it's as simple as that, completely contradicting the need for three of the German sons to step in during the earlier filler scene. The weird thing is that the anime didn't even have to show this happening. In the manga Niji grabs Sanji and with his exceptional speed they are just able to avoid the explosion. So the anime made Niji get hit.  But that's not even the end of it, because at the tail end of the episode we have another filler sequence where, guess what, Reiju does the exact same thing as Niji and uses her raid suit to protect Sanji from a barrage of bazooka shots. Once again making the initial scene of the three of them look ridiculous and unnecessary, which to be fair is what it was. It's just weird that the anime kind of self-owned itself here. Like it wasn't even canon material that contradicted it, not in this case anyway. But there is actually one last problem of that first filler scene of Sanji being saved by his three brothers, and that is that the anime prematurely makes Sanji use Skywalk and take off into the air. This is problematic because the very next time we see Sanji he is back on the ground, and there is no reason for him to have gone back to the ground, because firstly his entire goal was to find an opportunity to get into the air and skywalk to victory. And secondly because Charlotte Oven's entire army is on the ground waiting for him, so why did Sanji go back to the ground? Well the answer is because in the manga he never actually left the ground, but he had canon material to perform there, so after a filler sequence of him being up in the air he then had to come back. This is a sort of weird inconsistencies that filler scenes add to one piece. They can seem really harmless, but more often than not they are full of great negligence and can really tear a hole in the fabric of storytelling for the sake of having enough material to fill 48 episodes a year. On the flip side let's talk about a filler scene I quite liked, and I briefly mentioned it before but it's the one near the end where Raju saves Sanji and flies with him. In the manga this interaction absolutely does not occur, we see Raju use Pink Hornet and that's that. Sanji makes it back to the sunny all on his own. I quite like what they did in the anime though because it gave Sanji and Raju a nice sort of wrap up moment, and they also really enjoy that it parallels Raju saving Sanji as a child. I wasn't a massive fan of how heavy the flashbacks were while they were flying, but admittedly they did help convey the feeling that the anime was trying to achieve, and it was quite touching because it was true to the characters and it gave the audience a much more satisfying resolution to the Sanji-Raju relationship than I think the manga did. So well done there. Some other things I really liked, anytime Oven activated his devil fruit ability, the color and the flames just make Oven look so much cooler than he did in the manga. It's really aesthetically gratifying to see him in action. Although there was one slightly annoying moment, which was when we came back from the break and Oven was just like floating above Sanji and Luffy for what felt like an eternity. I know it wasn't that long in the grand scheme of things, but my god he's just there and he's not doing anything and it was just really drawn out. Oh but my criticism from the last episode about Oven's army not actually doing anything was kind of rectified during this episode. The anime felt much more active and actually somewhat threatening, which I love because you know that's that's what we need. There was also a really cool shot at one point from Sanji's perspective of him just plowing through individual members of the army. That is the kind of creative thing you cannot do on a flat page medium, and I really wish that we could have more moments like this where the series is actually adapted for television and not just a rushed product. Although there was actually one point where there was almost zero adaptation at all, which was after Brulee revealed that Kata Kuri was defeated by Luffy. We cut to a somewhat still image montage of various Charlotte siblings and a lot of these panels just look like they were ripped directly from the manga. And I don't mind that at all. I much prefer it to the usual anime strategy of taking each of those panels and using it as a one to two second reaction shot of everyone one by one, you know marine fit style. Some other miscellaneous thoughts about the episode. There was a really nice shot of Jinbei at the helm of the sunny at one stage. It really looks like he belongs there and it made me very happy to see him in that natural position. Right at the beginning of the episode where the germa were being assaulted by bullets, is it just me or were those bullets extremely slow? The movement just felt wrong and actually the whole sequence was kind of like it was in a timed dilation field, considering that the whole shooting thing was essentially a single panel in the manga. And finally at one stage there was this random dude bra who says that he'll avenge Kata Kuri and then fires at Sanji. He was in the manga. He's the guy who Niji saved Sanji from, but he never actually says anything about avenging Kata Kuri. And I just found it funny because it's like mate, if Kata Kuri is this legendary perfect being, and just what the hell do you think you're going to do? Not trying to nitpick I just found this legitimately funny. But that pretty much does it for episode 873. Honestly without that one filler scene in the beginning this would probably be quite a solid episode. It had my attention almost all the way through and it even managed to make some slight improvements on the source material. So yeah mostly good stuff. But if you enjoyed this video and the content this channel produces in general then please do consider donating to the Grand Line review Patreon because the support of all of your amazing people is what continues to make this channel possible. Also do check out my Teespring store if you're interested in shirts, hoodies and other miscellaneous items with the proceeds going directly to support the channel as well. And if you'd like to join the fun at any time then please do head over to my discord server where a wide array of shenanigan retakes place on a daily basis. And finally please do comment with your thoughts on the episode. This has been the Grand Line review and I'll see you next time.


What's going on everyone? Sam here with late in sports cards doing a little mixer here for Joel B. We've got one, 22, 23, Panini Impeccable Basketball Asia T-Mall Edition, and five, 23, Panini National VIP Silverbacks. Good luck Joel. See what we got buddy. Start with your silvers again, just count them out real quick. Got one, two, three, four, and five. Nice start. Aaron Bradshaw to 99 on the red. Got a Cade Cunningham base. Nine mid. I almost missed. Purple, 12-25, Joey Logano, some NASCAR mojo there. Shrey Young, LeBron, and Justin Edwards, 2-5-99. Orange is to 199, Anthony Davis, and Shrey. I love it to me. And red, Shay Gilgis Alexander, one of 99. This one there for the Thunder, and Nicolio Kitch. All right, that'll do it for your silvers there. Not too bad there Joel. We also got you a 22, 23, Panini Impeccable T-Mall Asia Edition Basketball. There it is. Stainless stars. Jaden Ivy rookie. Nice. There you go. On the rookie stainless stars. Red Asia exclusive. Congrats Joel. Nice. Ty Ty Washington, 7 of 8. Asia T-Mall Red for the Rockets. Josh Giddy, the base red. Got Terry Eason, that is 11 of 88. Rookie Auto for the Rockets on guard. Nice color match there. And we've got a Christian Brown, 85 of 88. That is for the Denver Nuggets. Congrats on that one there. Joel. Very nice. That's going to do it for your break. Joel, thanks again as always for the support buddy. Get him right out to my man.


Welcome to All Hands Update. I'm Petty Officer Andrew Johnson. These are your headlines from around the fleet. USS Fort Worth and USS Sampson continue to assist in the international search and recovery effort for the missing Air Asia flight 8501. The crew of Sampson has helped recover several bodies during the search. Both ships will remain on station until their assistance is no longer needed. For more updates, check Navy.mil. Winter is here and the Navy wants to make sure you, your family, and your shipmates stay warm and safe. Prepare for the cold weather to avoid frostbite and hypothermia by wearing layered clothing, eating properly, and drinking warm liquids to stay hydrated. If you're traveling during a storm, drive slowly and carefully and keep a winter survival kit in your car. For more information, visit the Naval Safety Center website.


He has hooded eyes and a scowl. No, no, he's jaws-wider. Yeah, that's him. I didn't believe that Ayers gets three in a row first. What I could hear was like a laughing voice, and I used to, like, walk the corridors, like, trying to find out who was laughing. Then it, you know, it started to speak, and that's when it become very derogatory. I can feel unsafe, even in my own home. If I'm reading a book, I say, she's reading a book. She can't read the book, she's doing this. And it's in, like, a whisper. So you've got a constant whisper of the voices telling each other what I'm doing. I can't explain how anxious and stressful and exhausting it is to deal with it. It takes over your whole life. There's a high stigma against my condition.  The most helpful thing that I ever received was the avatar therapy. I was enrolled in the first Avatar 1 trial. So you work with your therapist to create a computerised avatar that is near to my voice that I hear and see. The therapist, his voice, will go through the avatar. Then the avatar becomes less aggressive and passive. And then we work through strategies to be able to stand up to the voice. Now I am a consultant. I'm on a panel. And we present with fellow research assistants. We do a lot of work together. It involves psychiatrists, psychologists, pharmacists. It's really valuable to have all of us in a team. We are all really equal. There's always, like, hope that in the future that the research one day will come that far, that we'll be able to stop the voices, hopefully in my lifetime.


What is going on everybody it stops here welcome back to another video So in this video We're gonna be talking about a couple of stocks and ETFs that I'm personally watching and looking to trade for the second week here in March of 2019 and we're also gonna be talking about a couple of stocks and ETFs that you guys actually called out in our call-out section in our 100% free Discord group chat as well as some that you guys ended up DMing me on my personal Instagram page So we're gonna be doing a bunch of breakdowns in this video gearing up and getting ready for this next week here in March of 2019 with trading with our stocks. What are we gonna be doing this week? We're gonna be talking about that in today's video But before we do get into that guys for everybody out there that finds value in these videos You enjoy the content here on YouTube feel free to go down below and hit that like button guys It really does support the channel and supports me in general And if you're new to the community guys and you want to join our community and be in touch on a further basis Feel free to go down below. We have a 100% free Discord group chat as well as a 100% free Facebook group you can be a part of both of those communities simply by clicking those links and joining the communities guys So without further ado, let's talk about a couple of stocks and ETFs that I'm watching and some that you guys Ended up calling out to me starting off here with natural gas the natural gas Futures and for those you guys that don't know I'm sure a bunch of you guys already know we trade two ETFs that Correlate to the natural gas futures and those two ETFs are you guys and D gas and pretty much their inverse ETFs you gas is the bull ETF and D gas is the bear ETF Whenever natural gas is going up in price you guys is going up in price and whenever natural gas is going down in price D gas is going up in price So we've been doing technical breakdowns on natural gas here for a long time guys pretty much for the entirety of This youtube channel's existence We've been talking about the natural gas futures and for those you guys that have been paying attention to the technicals here on Natural gas you know that we peaked out nearly at five dollars a couple of months back Really in the middle of November of 2018 and from there we saw a huge bearish trend We went from five dollars nearly all the way down to about two dollars and fifty cents about a couple of weeks ago back in the middle to the beginning of February of 2019 we lost nearly half the value in the natural gas futures here and we can tell guys You know based off these technicals. We were getting rejected by the 180 SMA We were in this downwards trending channel here getting rejected by the 50 SMA the simple moving averages here that we can see and Really we weren't showing any signs of a breakout reversal to the upside Until we saw this double bottom here at about two dollars and fifty-eight cents and from there we started to trend back up We started to break resistance levels We broke out of the 50 SMA and ultimately the 180 SMA a couple of weeks back and now guys We're at a very very critical point here So if you guys watch my videos a couple weeks ago I was talking about this two dollar and seventy level resistance for natural gas So we can clearly see if I extend this drawing a bit We can clearly see we broke out of that We held it as a new support and now we're trending up to break and or try to break rather the next resistance Which is that about two dollars and ninety cents and we've had a bit of a you know difficulty Breaking out of there over these past couple of trading days. We can see it here guys We can see it this past week We had some trouble breaking out of there and this is where I'm personally interested in playing either D gas or U gas Based on what this future is going to do Are we gonna break out of this resistance to test the next resistance? Which is going to be nearly at three dollars, which is gonna give us obviously a huge margin on you guys Which again is the bull ETF or are we gonna get rejected here? Slowly start to push down slowly start to break the support levels of the 50 SMA and the 180 SMA and Ultimately the two dollar and seventy cents support here where we would be able to play D gas so for this upcoming week guys like I said, you know I'm gonna be watching where we're going up or down really to determine What I'm going to be trading whether it be the bull ETF or the bear ETF and for those you guys that don't know the futures markets They open up at 6 p.m Eastern Standard Time about two hours and 15 minutes away from when I'm actually recording this video So in about really once this video is uploaded the futures markets are going to be open And you're gonna be able to see where we're moving in terms of natural gas and you'll be able to plan your trades accordingly, so just take an eye Literally pause this video right now because you're watching this video right now the futures markets are open So go take a look where are we pushing are we pushing up here? Are we pushing down? That's gonna help you determine what you're going to be trading whether it be you guys or D gas So natural gas guys you guys do you guys are the ones I'm watching for this upcoming week These are the first combo of ETFs that I'm gonna be watching a couple of more here that I'm gonna be watching In terms of stocks one is ticker symbol. Why why and this has been on my watch list for a couple of weeks Now have not yet traded it But I do see a ton of potential here if we do end up breaking this resistance at about 75 to 76 dollars I can see it potentially running back up to about 80 dollars Which is the next resistance that we do see here and if we do end up popping above 80 dollars the next spot I'm gonna be waiting for to potentially run to is 86 dollars Which is about $10 higher from where we are right now In why why and that's about a 10% move am I saying it's gonna run that much absolutely not We don't know but if we do end up breaking this resistance guys There's a big chance that we could end up breaking to the next resistance Which in that case we'll be able to test that mid $80 level at that point but for this week You know Monday Tuesday, we're going baby steps here baby steps step by step We're gonna be waiting to see if we break the first resistance that we are at right now to fill to the next resistance And if we do that again, we'll be looking to see Whether or not we're gonna be breaking to the upside to the mid 80s You know right around here to that previous resistance and another thing that I like about why why here guys is we're holding that 50s and may as a support that has been a support over these past couple of weeks really since the beginning of February in 2019 we can see that clearly we've bounced on that a couple of times held it as a support and this past week We actually saw a very big sell-off really of about $15 per share in why why which really opened up that massive margin of profit So why why watching that one very closely for this upcoming week another one? I'm personally watching guys is Tesla ticker symbol T SLA and this one really has been consolidating at about $275 for the past couple of days I believe it was for the entire previous week here the first week of March in 2019 and what I'm gonna be waiting for now guys is for us to maintain this level at about 285 283 285 to hold that as a new support level to slowly start to fill the gap back up To this 50s and may resistance which would be at around 290 to $292 and if we break that we could potentially be running up to the resistance portion of this downwards trending channel So keep an eye on this guys, you know, we're seeing a bunch of different lines here that may confuse you Let me just quickly clear this drawing set We can see you know Tesla's clearly on a downwards trending channel, right? And if we do end up popping up here to potentially test that resistance portion This will put us at about $300 per share for tesla stock if it does end up filling this gap Which could give it about, you know a six maybe five six seven percent margin of profit So i'm watching tesla very closely guys ticker symbol T SLA But let's say we end up breaking down here. We break the 270 level There definitely could be some more downside in tesla stock Maybe back down to let's say the $260 level I know a bunch of people in our community and just in the stock market community in general Have been talking about a possible sell-off in tesla, you know, maybe down to 250 Maybe back down to 240 and maybe back down to 260 It's very very possible guys, especially if we're looking at this channel There's definitely some more room to the downside, but you know, if we do end up holding this support We start to pop back up. There's room to the upside as well We just need to see, you know, what are these technicals going to end up doing? Are we going to pop up and break down? That is going to be the indication of what we're going to end up doing Where are we going to play put options on a short position on tesla?  You know, we just got to see what's going to end up happening tomorrow Premarket hours or the future is going to be down, etc, etc These are things that we need to take into account before we do end up trading. Um, you know ticker symbol t s la tesla guys So another etf i'm watching is tvix and for those of you guys that don't know tvix Goes up in price when the overall markets are selling off and this one in particular keeps a Close track on the spx the smp 500 so for all you guys that have been following the markets in general You've seen a big sell-off in the overall markets this past week, right from about $2,800 in the spx down to about 2,700 we've seen about a 3% Sell-off so if we do experience a further sell-off Which i personally think is very very possible this week, especially if we get rejected by this resistance right here at about 2740 on the spx and we slowly start to head back down To the next support at about $2,700 That's going to open up a ton of margin of profit on tvix Which again goes up when the spx is selling off So keep an eye here guys right now We see a pretty big margin of profit opened up on tvix due to the market run-up that we saw In the latter half of the day on friday for all you guys that didn't see that the spx the dow The nasdaq if we look on the one day one minute here very quickly We can see we sold off pretty heavily, you know on friday morning And then we actually ran up all the way back up to about $2,740 from about the 2720 low So we had a 25 point swing to the upside which really opened up that margin on tvix So again guys just keep an eye on this one This one could end up being a nice play this upcoming week if we do end up selling off So let's talk about a couple of stocks here that I do have listed that you guys wanted me to talk about Starting off with facebook stock ticker symbol Fb, so let's see what this one's looking like guys. These are off the cuff. I've yet to take a look at these stocks Let's take a quick look or rather draw out some resistance and support levels So we can get an understanding here of what's potentially happening, you know in facebook stock So clearly guys we can see here, you know, we're trading in this horizontal pattern You know or a horizontal channel rather in facebook stock from this old resistance at about 160 Which is clearly now a new support and the other old resistance Which we've yet to break above at about 170 dollars So we are really having some difficulty breaking above 170 in facebook stock We can see a couple of weeks back back in the beginning of february We got rejected there sold off back down to that support And now we're testing that same exact resistance at about 170 and so the positive thing that i'm seeing here on facebook stock Although we did get rejected a couple of days ago at the 170 resistance We're actually pulling back and we're holding the 50 sma support here on the 180 day Excuse me four hour chart So this is a good sign that this is just merely a little pullback and we're continuing the uptrend And we're not actually selling all the way off back down to that 160 dollar support So this could be a potential breakout pattern in terms of facebook and obviously, you know, you probably you guys could probably guess it What i'm watching this upcoming week, you know, we're right at that resistance at 170 and we're pulling back Like I said holding that uptrend. This is looking like a breakout pattern What am I going to be waiting for? I'm going to be waiting for that break above 170 back into the 170 twos maybe 173 Ultimately the mid 170s before really possibly taking a position in facebook as a swing trade And if we do end up breaking that resistance guys, that's going to be a pretty big breakout pattern to the upside With the next target on facebook stock, you know being at around let's see 179 roughly 180 Dollars so keep an eye on that level if we break up, you know, we're going to potentially hold This resistance as a new support to slowly start to fill the gap back up to 180 dollars for facebook stock So the next one we're going to be talking about is apple here and apple's at a very similar, you know Very similar scenario as facebook in terms of seeing a strong resistance Roughly at about 175 dollars. We noticed in the beginning of february. We got topped off at about 175 We sold off down to the previous Resistance which is obviously now a new support at about 167 dollars And if I stretch this out a bit more you can see exactly what i'm talking about And we ended up holding that support very nicely and from there We've been trading in this horizontal pattern really for the past month and some change right now guys We can see the resistance to sell off the holding the support to pop up the resistance to sell off The hold on the support and now guys We're facing not really a similar battle to facebook because on facebook stock We're holding that 50 sma support, but on apple stock We're actually looking at the 50 sma as a resistance So it's a kind of a different battle here what we want to see in terms of apple is a break out of this 50 sma of resistance And ultimately a break out of the 175 dollar resistance for a potential fill up to the next spot Which in this case would be at about 185 dollars per share On apple stock so keep an eye on the break of the 50 sma and this resistance And a potential hold on this resistance here as a new support at about 175 to 176 And from there we'll be able to fill the gap back up hopefully to 185 Which would offer about a four or five percent margin of profit as a swing trade But until we break above here guys, I'm not really going to be watching this You know in my swing portfolio for potential trade I really want the confirmation and the hold before really getting into apple stock So let's talk about square and google very quickly guys ticker symbol sq. Let's see what's going on with this one. So square We're looking like we're at uh, let's see. It's looking like Okay, we bounced at the 71 dollar support this past week. That's right square ended up selling off Very very heavily this past week from about 82 dollars all the way down to about 71 Dollars and it's looking like we're playing with the resistance here at about 74 dollars Are we above that resistance? It looks like we did break above it actually and we're holding it right now So keep an eye this week guys Are we going to hold the 74 dollar level in terms of square stock and I drag if I drag this you guys can see it If we end up holding the 74 dollar level here, you know in terms of square stock Let's see if we go back, you know, this is going to be a potential fill back up to about 77 to 78 dollars But very similar to apple stock. We're trading under the 50 sma resistance right now Which is actually looking like it's curling back down And if we do end up curling back down and breaking below the 180 sma You all should know by now that that is a bearish signal So let's say you know square stock ends up selling off this week as well Maybe back down to 71 dollars that 50 sma It's going to be curling down and breaking below the 180 sma Which again, it's going to be a bearish signal And I'm not really going to be interested in trading square stock if that does end up happening But if we end up breaking back up, let's say into the 75 dollar level and we break that 50 sma You know, this could be a good play up to about 78 dollars And if we break 78 dollars back up to 80 dollars This could be a solid solid move in terms of square stock So keep an eye for that break into the 75 76 dollar level If we break to the downside here the 50 crosses below the 180 This could be a potential short play potential put option play in terms of square stock So let's talk about google very quickly. I don't really trade google ever guys to be honest I don't think i've ever honestly traded google stock. I probably had but I just forget now off the top of my head I've never honestly invested in google either, but google stock now guys It's looking pretty solid and I do like this call out Thank you to whoever ended up calling out google stock here You know, this one's looking pretty solid in terms of this pullback from about 1165 Down to about 1128 opened up about a 3% margin of profit And I'm sure you guys can already tell we're holding that 50 sma as a support very nicely Which has been a support over the past couple of weeks here Really the past couple of months in terms of google stock and another thing I want to point out here on the 184 hour chart Is the fact that google stock we're seeing a cross of the 50 sma above the 180 sma Which we all know by now is a bullish sign That's a bullish cross which could indicate some more potential upside in google stocks Let's say the markets do well tomorrow and tuesday and wednesday Let's say we're pushing up green This could follow this could be a potential bounce back up to test a new higher high But let's say the markets do sell off guys, you know, I probably will expect You know google to sell off as well since it is, you know a pretty large Stock out there, you know like apple facebook, you know google These are huge huge companies huge huge stocks where if the market does see a pretty big red day more than likely Those stocks are going to be down in price as well You know, we've seen tesla do well, you know when the stocks are selling off But or the markets are selling off rather but google since it's a bigger bigger company guys You know, this one probably will sell off, you know, if the markets do sell off just you know as a test here We see it did that a couple of months back when the markets sold off heavily, you know google sold off Pretty heavily as well, but we're looking at tesla here. This one did well when the markets sold off right very odd Right very odd. We see tesla. It's almost like tesla's a hedge to the markets doing poorly It's not really a hedge to the markets doing poorly, but that's how it did act You know over the past, uh, you know over that last market sell-off that we saw So just be careful here with these larger cap stock Stocks guys because you know the markets if the markets sell off these could take a big hit as well But in terms of google stock here, we're seeing a nice uptrend We're seeing a nice pullback and keep an eye. Are we going to continue this? Are we going to bounce above the 50 s ma continue to push up? That's going to be a good opportunity for google So let's take a look at cl and uwt very quickly And for those of you guys that don't know cl is the crude oil futures and whenever cl is going up in price uwt is going up in price There's a there's an inverse etf combo. We trade on this channel and in our community uwt and dwt right dwt is the bare etf uwt is the bull etf meaning whenever crude oil is going up uwt is going up and whenever crude oil is going down dwt is going up So right now we're noticing kind of a weird not weird pattern in crude oil But more of a consolidation pattern here over these past couple of trading dates, right? We can see Really a horizontal consolidation pattern rather we can see the resistance here at about 57 50 And let me just quickly clear this because this is looking very very sloppy over time when you know I'm drawing all these trend lines it starts to get a little sloppy So let's take a look at a cleaner look here on the crude oil chart And if we draw this horizontal pattern you guys can clearly see what i'm talking about right the resistance at about 57 60 And the support which we bounced above this past week at about 55 dollars and 26 cents So we can solidify that we bounce on the support right very clear confirmation on the bounce here So what i'm going to be waiting for guys is really a continuation to the top of this channel here at about 57 and 60 cents To continue this horizontal pattern that we've been on over these past couple of weeks And what does that entail? Well, we need to see a break above this 50 sma here Ideally because this this has been a resistance over the past couple of days guys really since the whole month Really for the whole month of uh March we can see this has been a resistance right the candlesticks struggle to break above it there Struggle to break above it there leading to that big sell-off But we got the confirmation of the bounce on the support and we ended up popping up here Which is a good sign so right now what I want to see again is the break above the 50 sma and ultimately a break above this 57 66 or 56 75 level and from there guys if we're inching up here We're breaking above the 50 sma. This could be a very good sign to trade uwt guys uwt again This is the bull etf that trades based upon crude oil and we can notice here That uwt kind of has a bearish pattern here of lower lows and lower highs right the high here at about 16 30 The next at about 16 15 and it's been struggling to break out from there, but You know if we do end up seeing that pop and crude oil That's going to change everything in terms of uwt And we'll be able to break out of this wedge that we're slowly starting to see forming on uwt So keep an eye guys what I just said on crude oil That's going to be a very huge Potential move to the upside and let's say we do end up popping out of the 57 level That's going to be a huge huge bullish move that could entail more green in crude oil And of course uwt. So the last two we're going to be talking about here are en tg Followed by Boeing stock and actually these two guys Boeing and en tg they have very similar patterns, right? And let me explain what I mean by that we can see They're both holding old resistances right now from the past couple of weeks as new support levels But en tg guys the worrisome thing i'm seeing here is the break below the 50 sma support Which has been a support from the beginning or towards the end rather of december of 2018 we can see the support here Support and now we're breaking below that which could entail a potential bearish move in en tg But the thing that keeps my hopes alive for en tg is the fact that we held I believe for the past two days. Let's see at about 50 or 34 dollars Which is the old resistance, which is now a new support That's giving me some hope the fact that we're holding that level over the past two days But now all I want to see guys is a pop probably back into the 36 level Which would break it above that 50 sma and in turn continue that uptrend So i'm going to create an alert very quickly here en tg mark is at or above Let's say 36 dollars. I want to be alerted if it does end up popping above that level and from there We could end up seeing a nice ride back up to 38 dollars Which would be about a five percent move in terms of en tg solid solid call out there I just want to see a further confirmation of the push to the upside and bowing like I said very similar pattern Right, we're seeing the hold on the previous resistance at about 415 as a new support And we also broke below that 50 sma here, you know, which has been a support over the past couple of months So simply a break above 430 dollars here in terms of bowing stock You know, this could be a potential move back up to the 445 dollars of resistance that we are seeing from a couple of weeks back I believe about 10 days ago. So is at or above 400 dollars and 30 cents And just to warn you guys a bit, you know bowing stock is at all time highs or it was at all time highs at about 450 And it really has shot up an insanely amount an insane amount over the past couple of months So be careful here guys if the markets do end up down turning bowing stock can see a huge huge hit Especially since it is a very very big company very large market cap These companies do end up getting hit pretty hard when the markets do end up Down turning as we can see here from the beginning of October down to about the end of uh, December when we saw that big sell-off We saw about a 100 percent Not 100 a 100 dollar move to the downside in terms of bowing Stacks, so I would just wait for the break above 430 if the markets are pushing green This one could end up recovering making it a nice play But if the markets do bad do poorly, let's say we sell off to the 2700 dollar level in the s&p You know, I think bowing is probably going to end up selling off more Maybe back down to the 400 flat level. Maybe back to this 180s and may level at about 390 3 95 That's just my personal opinion. That's what i'm personally watching. So I hope you guys enjoyed this video if you did Feel free to leave a like drop a comment subscribe to the channel if you're new hit that notification bell So you're notified every time that I do make a video and let me know down below guys What are you trading this upcoming week? What are you watching? What are your thoughts? Are we going to sell off in the stock market? Are we going to push up test that 2800 dollar level yet again in the spx? I would love to know what you guys think, but that's it for today's video guys. Thanks again for watching I really do appreciate all of your support We're almost at 2000 subscribers if you have yet to subscribe again, like I said, feel free to subscribe I'm uploading daily content here trading updates market updates All the different jazz that we talk about about the stock market. You can find a video on that on my channel I'll catch you guys in the next video again. Thanks for watching. Peace out