Category: Cybersecurity

Bitcoin Bubble Bursting? Price Plummets Towards 50% in Losses

Jan 18, 2018 / Cybersecurity

Bitcoin’s price on one popular exchange, Coinbase, cascaded downward yesterday — dropping nearly 50% in one month from its earlier price of nearly $19,000 in mid-December of 2017, before slightly rebounding to about 35% of its mid-December value. The rapid decline has led some to wonder whether the Bitcoin bubble is finally bursting, or if the downward turn is simply a market correction reflecting Bitcoin’s equilibrium price (the price where […]

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Using Debt to Buy Bitcoin is a Bad Idea

Dec 15, 2017 / Cybersecurity

Joseph Borg, the president of the North American Securities Administrators Association and director of the Alabama Securities Commission, reported on CNBC this week that he had seen “mortgages being taken out to buy Bitcoin. People do credit cards [and] equity lines.” Investing with Borrowed Funds Is Risky Bitcoin, which briefly topped $19,000 on exchanges last week, has been aptly named “crypto tulips” by skeptics and “undervalued” by bullish investors. No […]

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Stand Up to FCC’s Impending Rollback of 2015 Net Neutrality Rules

Dec 7, 2017 / Cybersecurity

Naples Daily News columnist Jay Schlichter recently opined on the FCC’s impending rollback of the 2015 Net Neutrality rules. I not only echo Mr. Schlichter’s sentiments, but I also join the chorus of internet commentators, industry professionals, hackers, video streamers, online gamers, and tech giants and startups alike by unequivocally denouncing this gutless capitulation to the nation’s largest ISPs — a move that will surely result in the unbridled smothering […]

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Krack Attack and Insurance Agents

Nov 16, 2017 / Cybersecurity

A recent article posted on InsureTrust talks about a dangerous new “KRACK Attack” and what it could mean for insurance agents. Fortunately, the exploit addressed by the article has not actually been found “in the wild,” which means that it is likely more theoretical (or at least it hasn’t been implemented in widespread use). As the article addresses, many internet of things, IoT, devices will be more vulnerable to this […]

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