-
FBI Sees Cyberthreats Rising; White House Scrambles For A Plan
Thursday, July 23, 2015 - 1:08pm | 415Read More...As hacking attacks become more advanced and more frequent, cybersecurity has become a top priority for government officials. However, while the rising risk of detrimental cyberattacks has been clearly identified, a plan to counter those attacks has proven elusive. Now, government officials believe...
-
Should Tech Firms Be Allowed To Hide Customer Data From The FBI?
Wednesday, July 8, 2015 - 9:42am | 313Read More...Technology has made its way into every aspect of an average American's life. From connected cars to mobile banking, people's every action is recorded in a database somewhere. While that data has proven useful for law enforcement agencies trying to track down criminals, tech companies say they have...
-
Who's Waging All Those Cyber Attacks And Who's Going To Stop Them?
Friday, June 12, 2015 - 4:23pm | 1323Read More...Jeff Schmidt, CEO and founder of JAS Global Advisors, the company that discovered JASBUG, says three types of hackers are responsible for the majority of cyber attacks. Benzinga spoke with Schmidt, who shared his thoughts on cybersecurity, responsibility for protection and the need for a common...
-
Cyber Hackers Focused On Government Targets
Friday, June 12, 2015 - 1:27pm | 861Read More...The hacks just keep on coming – and it seems like government agencies are now just as likely to be targets as corporations. Late last week, the FBI said it was investigating a major cyber breach at the US government’s human resources arm that might have affected up to 4 million...
-
Report: FBI Examining The Morgan Stanley Data Breach
Monday, January 5, 2015 - 3:54pm | 99Read More...The U.S. Federal Bureau of Investigation is examining the Morgan Stanley (NYSE: MS) data breach, according to a Reuters report. The FBI "is looking into what Morgan Stanley said was the theft of wealth-management client data by a former employee," according to Reuters'...
-
Doral Financial Surges 26%
Monday, December 29, 2014 - 6:33pm | 92Read More...Shares of Doral Financial Corp. (NYSE: DRL) have gained more than 50 percent since bouncing off a low of $3.01 on December 23. The stock had remained just above $3.50 until Monday’s trading session, when the stock broke through the $4.00 level at mid-day. The stock closed Monday at $4....
-
Herbalife Director Linked To Money Laundering Scheme
Friday, November 14, 2014 - 10:29am | 281Read More...Reuters reported on Thursday that Herbalife Ltd. (NYSE: HLF) board member Pedro Cardoso had been charged with money laundering by Brazilian prosecutors in 2008 “for allegedly participating in an embezzlement scheme a decade earlier that siphoned 26.7 million Brazilian reais ($10.4...
-
Bitcoin Weekly Recap: Threatening Traditional Payments, Entrepreneurs And Regulatory Actions
Friday, June 6, 2014 - 12:08pm | 867Read More...For the week ending June 6, news stories contained surprises like being able to pay for electricity with bitcoin, rapper 50 Cent accepting bitcoin and the IRS relaxing its FBAR requirement for bitcoin holders. Citi Says Bitcoin Is A Threat To Credit Card Margins In a 76-page report, Citi...
-
Survey: Is Carl Icahn In Trouble Following The FBI And SEC Probe?
Monday, June 2, 2014 - 4:11pm | 382Read More...Rumors continue to circulate around the federal insider-trading investigation involving billionaire investor Carl Icahn, golfer Phil Mickelson and gambler Billy Walters. The Investigation On Friday, The Wall Street Journal broke the news -- that the Federal Bureau of Investigation...
-
AutoHarvest Offers Meeting Place, Collaboration For Intellectual Property
Monday, March 17, 2014 - 1:29pm | 722Read More...AutoHarvest, a digital marketplace for intellectual property, plans to open up its services globally in summer 2014 The online forum is the first of its kind and still in the BETA stage. It functions as a meeting place for manufacturers, universities, federal labs, startups, entrepreneurs and...
-
Google's Eric Schmidt Says Android Security Beats iOS (GOOG)
Tuesday, October 8, 2013 - 12:45pm | 529Read More...At the Gartner (NYSE: IT) ITxpo Symposium Monday, Google (NASDAQ: GOOG) Executive Chairman, Eric Schmidt said Android was a more secure OS than that of Apple's (NASDAQ: AAPL) iPhone. The resulting laughter was palpable. Schmidt apparently was serious. This despite the fact that 79 percent of...
-
Will Bitcoin Die With the Online Black Market 'Silk Road'?
Thursday, October 3, 2013 - 7:56am | 438Read More...‘Silk Road’ was an online underground black market where thousands of drug dealers and hitmen offered their products and services. This Wednesday, the site went down and displayed the banner posted by the Justice Department, FBI, IRS, DEA and Homeland Security, which stated: “This hidden site...
-
Feds Circling SAC Capital; Mathew Martoma Goes Down in $276 Million Insider Trading Sting
Wednesday, November 21, 2012 - 6:59pm | 1512Read More...Another bombshell dropped on Tuesday in the sprawling insider trading investigation being run out of Preet Bharara's office. The U.S. Attorney for the Southern District of New York unveiled an indictment against former SAC Capital portfolio manager Mathew Martoma accusing him of trading on inside...
-
The Gospel According to Matthew
Wednesday, June 20, 2012 - 5:14pm | 613Read More...If there is one thing that deserves our contempt more than anything else, it is people who preach one set of rules while seemingly unable to live up to those very same standards. Countless examples abound in business, religion and politics. One of the more interesting recent cases of "do as I say...
-
Mankiw's Ode to the Governmental Competition that Made Romney Wealthy
Monday, April 23, 2012 - 6:38am | 3403Read More...This is the second part of my discussion of N. Gregory Mankiw's column asserting that governmental competition is desirable for the same reason that private competition is. Mankiw was Chairman of President Bush’s Council of Economic Advisors from 2003-2005. He was one of the principal architects...
