More from Clapper:

A more insidious cyber threat comes from foreign intelligence and security services that have penetrated numerous computer networks of U.S. government, business, academic and private-sector entities, Clapper said. “Most detected activity has targeted unclassified networks connected to the Internet, but foreign cyber actors are also targeting classified networks,” he said. “Importantly, much of the nation’s critical proprietary data are on sensitive, but unclassified, networks -- and the same is true for most of our closest allies.”

On cyber-terrorists:

U.S, intelligence agencies track cyber developments among terrorist groups, activist hackers and cyber criminals, the intelligence director said. “We have seen indications that some terrorist organizations have heightened interest in developing offensive cyber capabilities,” he added, “but they will probably be constrained by inherent resource and organizational limitations and competing priorities.”

On Hactivists:

intelligence professionals have not observed a significant change in their capabilities or intentions during the last year, Clapper said.
“Most hacktivists use short-term denial-of-service operations or expose personally identifiable information held by target companies, as forms of political protest,” he said, adding that this could change.

On economic cyber-espionage:

“However, we assess that economic cyber espionage will probably allow the actors who take this information to reap unfair gains in some industries.”

Clapper also protested sequestration cuts:

The required cuts “will reduce human technical and counterintelligence operations, resulting in fewer collection opportunities, while increasing the risk of strategic surprise,” Clapper added. “All we’re asking for is the latitude on how to take them to minimize the damage.”

His description of threats sounds very qualified to me (some are remote, some are possible and others probable in a few years.) But, of course, there was Dianne Feinstein, promising to introduce "an amendment to allow intelligence budgets the same degree of flexibility permitted for general Defense Department spending."