Gary Cohn is investing with a biometrics company to build a secure smartphone

says his experience in the White House has fueled his interest in cybersecurity and blockchain.

"You move to the White House and you have a whole different level of security concerns. We went to foreign countries with phones … the way we had to change phones out and what the security administrations did with the phones and how they couldn't make them any more secure than the private sector could. So, I said to myself, there has to be a better solution," said Cohn to CNBC in an exclusive interview.

"When I was in the private sector, we always worried about secure data, secure communications, and securing our client's data. When I went to the public sector it's the same issue. What I found out is the public sector didn't have a better solution than the private sector. When I left the White House, one of the challenges that I set out to see …is finding a solution for secure data and secure communication" added Cohn.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Booming subscription services building revenue for companies, but sapping customers' walletsSeemingly small monthly charges are adding up as people 'subscribe' instead of owning an asset outright.
Källa: CNBC - 🏆 12. / 72 Läs mer »