Richard Falkenrath on Cybersecurity, Liability

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Jan. 31 (Bloomberg) -- Richard Falkenrath, a principal at the Chertoff Group and a Bloomberg Television contributing editor, talks about the findings of a Bloomberg Government study on cybersecurity. Companies including utilities, banks and phone carriers would have to spend almost nine times more on cybersecurity to prevent a digital Pearl Harbor from plunging millions into darkness, paralyzing the financial system or cutting communications, the study found. Falkenrath speaks with Scarlet Fu on Bloomberg Television's "InsideTrack." (Source: Bloomberg)

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