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Former governor of Minnesota and CEO of the Washington, D.C.-based Financial Services Roundtable Tim Pawlenty recently spoke at the Bloomberg Government sponsored “In Digital We Trust” cyber conference.

While speaking about cyber criminals he argued that “you can’t pit individual companies against those types of sophisticated criminal networks. It won’t end well for the individual company.” Instead, we need a “Team America” approach to data security because “with no institution immune from cyberattacks or insider threats, it is important for the federal government to respond with plans that emphasize data sharing and teamwork.”

Other speakers included; Ellen Richey, vice chairman of risk and public policy for Visa Inc, Kim Ford, vice president of public affairs for payments technology provider First Data Corp, Nuala O’Connor, president and CEO of the center for democracy and technology, Scott Montgomery, vice president and chief technology officer for the public sector at McAfee, and Congressman Jim Langevin (D-R.I.).

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