“President Obama (is going after) cybersecurity and the breaches of our cybersecurity cost about $132 billion in e-commerce from hackers coming in and hacking,” former FCC Commissioner Deborah Tate said during a Friday luncheon speech to Nashville Kiwanians. “Actually, it may cost up to a trillion dollars regarding intellectual property, something that is very important, obviously, to Music City, having our music and our videos being stolen, actually, online.”