Thank you, Mr. Chairman, for holding this hearing and thanks to all
of the witnesses for appearing here today.
STATEMENT OF JON S. CORZINE
FOR JOINT ECONOMIC COMMITTEE HEARING
ON CYBER-SECURITY AND THE US ECONOMY
June 21, 2001
I look forward to their testimony, and learning more about this
complex issue. In particular, I want to welcome Mr. Branigan, who
is with the Lumeta Corporation, a company based in Somerset, New
Mr. Branigan, it's a pleasure to have you join us today.
With the advent, and continuing growing popularity of the Internet,
we have learned a great deal and enjoyed many benefits of the new
From streamlining supply chains, to democratizing the broadcast
media, the Internet has created a communications revolution that
has largely benefited our society.
However, with this growth comes risk.
I am looking forward to this hearing in so much as it will help
us to learn more about the growing cyber-security risks that are
posed by the connectivity that many of us so enjoy.
Many Americans rely heavily on the Internet- individuals and their
families, American businesses and an area that I'm highly familiar
with, our financial markets, all utilize the Internet as an integral
part of their existence.
Because of this, it is vitally important that we learn more about
the threat that disruptions, hacking and other invasive practices
pose to our citizens, our economy and our national security.
It is imperative that we do all we can to ensure that we are well-protected
from threats posed to our cyber-systems both domestically and abroad.
Again, Mr. Chairman, I thank you for holding this hearing and
I look forward to the testimony from our witnesses today.