Tag Archives: Cyberattack

Financial Daily Dose 6.1.2020 | Top Story: Civic Unrest in Wake of Floyd Slaying Complicates Pandemic Reopening Plans

BY: Michael D. Reif | June 1, 2020

Civic unrest in the wake of the police killing of George Floyd in Minneapolis is complicating reopening plans for cities and businesses around the country trying to restart after months of coronavirus-related closures – WSJ and Bloomberg Inconceivable? Perhaps. Incredible? Not any more for Nestle, which has lost a branding battle in The Hague with … Continue reading

Financial Daily Dose 2.11.2020 | Top Story: DOJ Indicts Four from Chinese Army Over 2017 Equifax Cyberattack

BY: Michael D. Reif | February 11, 2020

The DOJ has announced charges against four members of China’s military related to the 2017 cyberattack on credit-reporting agency Equifax, the breach that revealed “trade secrets and the personal data of about 145 million Americans.”  The indictment places the Equifax episode in a broader scheme by the Chinese army and intelligence services to steal data … Continue reading

Financial Daily Dose 1.6.2020 | Top Story: Oil Futures Jump as Concerns Deepen Over Mideast Volatility

BY: Michael D. Reif | January 6, 2020

And we’re back at it in 2020. Let’s get caught up . . . Oil jumped for a second straight day, with futures near $70/barrel as fallout from the U.S.’s drone-strike assassination of Iran’s Qassem Soleimani continues to raise “the prospect of disruptions in the world’s most important oil-producing region” – Bloomberg and MarketWatch and … Continue reading

Financial Daily Dose 11.14.2019 | Top Story: Fed Chair Talks Economy and Rates During Congressional Testimony

BY: Michael D. Reif | November 14, 2019

Fed Chair Powell was far from the main attraction on the Hill yesterday, but hey, let’s keep it on topic here and note his belief that the U.S. economy is performing well even as certain risks—including “sluggish growth abroad and trade developments”—remain (though aren’t enough to cut rates again any time soon) – NYTimes and … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 14, 2018

Chalk one up for big Carl (and Darwin).  Xerox announced this weekend that it’s bowing to Icahn’s pressures and ending its $6.1 billion combination with Fuji – Law360 and WSJ and NYTimes Keep an eye on those servers.  Cyber experts suggest that a side effect of the US’s withdrawal from the Iran nuclear deal is … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | August 12, 2015

The DOJ announced charges yesterday related to a nasty scheme that combined the worst of the worlds of cyberattacks and insider trading by hacking into press release distribution newswires and trading off of nonpublic information about big deals and earnings reports.  The indictment cited 9 (of 32) US and Ukrainian actors in the scheme that … Continue reading