Decoder with Nilay Patel

Recode Decode: Gary Cohn

Oct 25, 2019
Gary Cohn, former Director of the National Economic Council and ex-chief economic advisor to President Trump, shares insights from his post-administration life. He discusses his investment in a mobile security company focusing on protecting sensitive information and advancing digital wallets. Cohn critiques the overvaluation of companies like WeWork and reassures listeners about the economy's stability despite recession fears. He also reflects on Trump's social media presence and the regulatory challenges facing big tech.
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ANECDOTE

Phone Hacking Demonstrations

  • Government officials demonstrated phone hacking to Gary Cohn three times in six months.
  • They showed how easily microphones, speakers, and cameras could be accessed.
INSIGHT

Lagging Security Practices

  • Government and corporate security practices lag behind, as workers often use insecure devices.
  • BlackBerrys were once a solution, but even they are hackable.
INSIGHT

Secure Phone Development

  • Hoyos Integrity is developing a secure phone using technology from nuclear weapon systems.
  • The phone has a secure zone to protect sensitive communications.
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