Securing the Stocks: Rule 613 & the CAT

On May 6, 2010 the U.S. Stock opened lower and began an intraday downtrend with the Dow losing some 300 points until 2:42 p.m. EST. Then it proceeded to drop precipitously another 600 points over the next 5 minutes, temporarily wiping out over a trillion dollars of wealth, before rebounding most of the 600 point drop [...]

2018-08-25T01:32:52+00:00Categories: Financial|Comments Off on Securing the Stocks: Rule 613 & the CAT

How the Banking Industry is Fighting Cyber Crime

How Cyber Crime Affects the Banking Industry Cyber criminals are going directly to where the money is – the financial sector. Banks and financial firms are big targets for cyber crime, so the industry is stepping up its cybersecurity efforts. When it comes to cyber crime, breaching a financial institution is the golden egg for criminal hackers. The financial [...]

2017-05-26T20:00:49+00:00Categories: Financial|Tags: , , , , |Comments Off on How the Banking Industry is Fighting Cyber Crime

3 Easy Ways to Protect Yourself from Cyber Crime on Cyber Monday

Cyber Monday is a happy hunting ground for hackers. Protect yourself from cyber crime next shopping season with these three simple steps. Cyber Monday is big business. In 2015, total digital sales that day topped $3 billion, going down in the record books as the heaviest online spending day in history. That’s up 12 percent from 2014. However, buyers must [...]

2017-01-06T15:55:49+00:00Categories: Cybersecurity, Financial, News|Tags: , , , , |Comments Off on 3 Easy Ways to Protect Yourself from Cyber Crime on Cyber Monday

Business Email Compromise (BEC)

In this age of rapidly expanding technology, where the hacker persists one step ahead of the cybersecurity curve, business email compromise (BEC) remains a low-tech but highly lucrative card in the cyber criminal deck. According to an alert issued by the FBI, over the past two years internet swindlers have managed to pilfer $2.3 billion [...]

The Backbone of Bitcoin, the Blockchain, Seeks Fresh Applications

The blockchain is the technology created by Satoshi Nakamoto that underpins the cryptocurrency Bitcoin. While Bitcoin is beginning to take world by storm, blockchain applications other than cryptocurrency may just be the tip of the iceberg. Recently, numerous people and organizations, including Microsoft and a consortium of international banks, are beginning to explore and adopt [...]