Russians Hacked JFK Airport Taxi Dispatch in Line-Skipping Scheme
Plus: An offensive US hacking operation, swatters hacking Ring cameras, a Netflix password-sharing crackdown, and more. Powered by...
Russia to Ban Banks From Using Messengers Like Telegram to Contact Customers
Financial institutions in Russia will not be able to communicate with clients through instant messengers based outside the country, local media revealed. A new law passed by the State Duma also prohibits banks from using chats to send personal data and payment documents. Bill Restricts Russian Banks and Brokers From Sending Sensitive Information Through Foreign Messengers Banks in the Russian Federation will not be allowed to contact...
JPMorgan: Crypto Is a Nonexistent Asset Class for Most Large Institutional Investors
A strategist at global investment bank JPMorgan says crypto is effectively nonexistent as an asset class for most large institutional investors. “The volatility is too high, the lack of an intrinsic return that you can point to makes it very challenging,” he added. JPMorgan on Institutional Crypto Investing JPMorgan Asset Management’s head of institutional portfolio strategy, Jared Gross, discussed crypto and institutional investors’...
Jim Cramer Urges SEC to Do a Big Crypto Sweep — Says ‘I Wouldn’t Touch Crypto in a Million Years’
The host of Mad Money, Jim Cramer, says he would not touch crypto in a million years. He called investors who own various altcoins idiots and urged the U.S. Securities and Exchange Commission (SEC) to do “a big sweep” on the crypto industry. Jim Cramer’s Crypto Warnings The host of CNBC’s Mad Money show, Jim Cramer, has issued more warnings about cryptocurrency. Cramer is a former hedge fund manager who co-founded Thestreet.com, a...
Lastpass Data Breach Frightens Users, Some Say Hack ‘May Be Worse Than They Are Letting on’
People involved in financial tech, software programming, cyber security, and cryptocurrencies have been talking about the Lastpass data breach that was disclosed two days ago. The password management company detailed that a breach, committed earlier this year, allowed hackers to obtain a “backup of customer vault data.” Lastpass Reveals ‘Threat Actor Was Also Able to Copy a Backup of Customer Vault Data’ On Dec. 22, 2022, the password...
