Press Esc to close

Welcome to Money Morning - Only the News You Can Profit From.

Close

The Cybersecurity Play That Doubled Once – Will Double Again

Not long ago, a relative of mine was the victim of identity theft. And I have to tell you that I really felt for the entire family.

The thief ran up nearly $20,000 in charges, opened new accounts and tried to open others.

And I can tell you that the frustrations over the losses (most of which ended up being covered) were dwarfed by the helplessness that came whenever new charges showed up – and the worry that was spawned by never finding out how the whole mess started.

As we watch the headlines about data breaches and cybercrime – and watch as the violations move closer and closer to home – those worries only escalate.

  • Featured Story

    The Real Story Behind JPMorgan's Infamous "Whale" Trade

    Here's an insight for you - along with a trademark indictment, of course.

    Take it with a grain of salt, because it's just an educated guess on my part.

    It's about how the infamous London Whale may have been harpooned by spawn from his own pod.

    For those who haven't heard, the London Whale is one of the latest traders to make the headlines. Bruno Iksil was the top trader at JPMorgan Chase's Chief Investment Office (CIO) in London.

    He got the nickname "the London Whale" for the outsized bets he became known for.

    But this is no fish story...

    To continue reading, please click here…


    Read More...
  • bruno michael iksil