How to Protect Yourself From Ponzi Schemes

May 19, 2017 / Ponzi Schemes

A Ponzi scheme is an investment scam meant to attract large investments with the promise of even larger returns, but the one running the scheme essentially takes the money and runs. It is very important for prospective investors to recognize the signs of a Ponzi scam before agreeing to invest because once invested, the money can be difficult to recover. The Inventor of the Ponzi Scheme The term “Ponzi scam” […]

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What to Do If You Get Ransomware

May 18, 2017 / Cybersecurity

Beginning on May 12, 2017, a global pandemic of ransomware began sweeping across the world – hitting over 200,000 machines in 150 different countries, including Russian government officials and the United Kingdom’s National Health Service. The particular strain of ransomware – WannaCry or WanaDecrypt0r – is particularly virulent, spreading from machine to machine via server message block (SMB) protocol, which is used for sharing access to files, computers, printers and […]

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3 Ways Modern Business Is Failing at Cybersecurity

Modern businesses are failing at cybersecurity. Some blame expensive new technology and limited resources, which are preventing businesses from adapting to rapidly-evolving cyber threats. Unfortunately, the real culprits may be the business leaders themselves, many of whom take a largely reactive rather than proactive approach to cybersecurity. It’s difficult to determine the next big threat, so many cybersecurity professionals must address issues as they arise. This practice is a dangerous […]

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Abuses in the Bond World Relate to Lack of Transparency and Conflicts of Interests

Last month’s FINRA Disciplinary Actions (April 2017) triggered this bond focused post. In April of 2017, FINRA took disciplinary action against J.P. Morgan Securities and Morgan Stanley Smith Barney related to their respective bond activities. Sadly, this is far from the first time that major firms such as JP Morgan and Morgan Stanley have been sanctioned by regulators. What is unique, however, is that both were sanctioned in the same […]

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