President Barack Obama mentioned Memphis today during his speech announcing the administration's new cybersecurity policy. The theme of the remarks was that the blessings of the interconnected digital age also can be a curse: The networks we depend on are vulnerable to attacks that could be crippling to the economy. A highly networked just-in-time delivery service like, say, FedEx would be among those threatened. Here's what Obama said:
This is a matter, as well, of America's economic competitiveness. The small businesswoman in St. Louis, the bond trader in the New York Stock Exchange, the workers at a global shipping company in Memphis, the young entrepreneur in Silicon Valley -- they all need the networks to make the next payroll, the next trade, the next delivery, the next great breakthrough. E-commerce alone last year accounted for some $132 billion in retail sales.The Politico has video of the speech.
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