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We face cyber threats from state-sponsored hackers, hackers for hire, global cyber syndicates, and terrorists. They seek our state secrets, our trade secrets, our technology, and our ideas - things of incredible value to all of us. They seek to strike our critical infrastructure and to harm our economy.

The real threat comes from terrorism.

All of our intelligence agencies, our Department of Defense, are all working to meet this threat. But it's a fast moving world; it's a place where offense is easier than defense, and keeping up with the next innovation in cyber-warfare is an enormous challenge.

Because there are little to no consequences for conducting cyberattacks, criminals and nation-states are becoming bolder in their threats and behavior. Russia, China, North Korea and Iran are increasingly hacking into U.S. companies and government networks for espionage purposes or financial gain.

We believe, as the President has indicated, that this combination of a rogue state that possesses weapons of mass destruction and has known ties to terrorist organizations, is a grave threat to the people of the United States and to other countries around the world.

Cyberterrorism has become an increasingly prevalent and serious threat here in America, both to individuals and businesses.

I am well aware of the facts presented by numerous security experts on the many ways in which the United States' digital networks have come under siege by cybercriminals and under daily assault by hackers in league with various foreign governments.

Cyber terrorists are no different from other terrorists: No matter where they hide, we will track them down and seek to bring them to the United States to face justice.

China and Russia are regarded as the most formidable cyber threats.

There are two kinds of people in America today: those who have experienced a foreign cyber attack and know it, and those who have experienced a foreign cyber attack and don't know it.