Chairman, would you allow me to make two quick statements?
Mr. Ryland has been talking about what he does and what his clients do. If we imagine a bank for a minute, I think it's important that we not become mesmerized by the really effective things that Mr. Ryland does. If I took a device that I could probably get if I tried hard and stuck it under the desk of the executive vice-president of the Bank of Montreal, it would be a recording device. As he accessed the information and put in all his passwords, I would be able to access these from the office next door or in another city.
Talking about the Internet of things, I still don't think we've come to grips with developing a relationship with a light bulb. I think things are better than they used to be, but again, if you control the light bulb—and I'm making a joke of it.... But whatever device you want to use has the capacity for acquiring information.
The security of the systems we're talking about has two real components, the part that Mr. Ryland talked about and the environment that the financial institutions use. They're equally important, because if you get in from the financial institution's perspective effectively, either through a device that I've talked about or some other device, you can wreak not only on that financial institution but also complicate Mr. Ryland's life a great deal.
It's not just the highly complex security devices that Mr. Ryland talks about. It's a whole raft of other things as well. I would argue that the Royal Bank of Canada probably does these very well. A lowly Manitoba credit union may not. Forgive me, anyone here from Manitoba. It's the weakest link in the chain issue that we haven't really come to grips with as effectively as we could.