Much the way Marketers use technology to assemble personal profiles from disparate sources, sophisticated hackers are sourcing personal data from a variety of sources, including leveraging information collected in previous cyberbreaches. If early reports are correct the massive cyberbreach executed against Microsoft Exchange leveraged PII data captured in earlier cyberbreaches unrelated to Microsoft as well … Continue reading Hackers Are Taking A Page From Marketers’ Playbooks
"Be careful with me, I'm fragile. I'm easily broken." So go the lyrics to "Trip My Wire", but those words could just as easily describe the frail legacy technology infrastructure that underpins so many commercial processes from home and auto titling to financial trading systems, digital health records, government databases, customer databases and so on. … Continue reading A Better Tripwire Is Not The Answer
With the Biden's Administration's forthcoming $1.9 Trillion in transfer payments will come a tidal wave of personal data theft & fraud. We experienced this once already with the Trump transfer payments of 2020. A Public-Private Partnership ("PPP"), that invests in Technology infrastructure across key industries would do much to mitigate these risks while bolstering the … Continue reading A Tidal Wave of Personal Data Theft & Fraud Is Coming This Year
Early last week we wrote about SolarWinds and the potential for another leg to drop. SolarWinds has a long road to recovery. Cyberbreaches of that sort don't engender customer trust and often lead to significant customer churn. What other companies may be at risk of a cyberbreach? Tickers mentioned: AMZN, AVGO, CERN, EFX, EXPGF, FICO, … Continue reading SolarWinds Is One of Many Cyberbreaches to Come
Cyberbreaches do not receive enough attention. The last time we railed against a company related to a Cyberbreach was the Equifax (tkr: EFX), hack of 2017. That breach was disclosed in September 2017 despite the fact that the company had knowledge of the hack for months. EFX executives sold stock ahead of the disclosure. SolarWinds … Continue reading Is There Another Leg To Drop In The SolarWinds Cyberbreach?
Were I to go to market with an Enterprise Software product portfolio I would stress our CyberSecurity capability in all product marketing efforts. It doesn't matter what the core product offering is - CRM, HRMS, POS, Payroll - CyberSecurity must be baked into the offering. To make CybeSecurity an afterthought is to risk losing revenue … Continue reading CyberSecurity As A Competitive Differentiator
We believe large insurance carriers could bolster their valuations by taking equity stakes in leading InsurTech, AutoTech, PropTech, HealthIT, FinTech and CyberSecurity companies. Sound too ambitious? Sounds rational to us. First, an announcement: We have launched a new Data & Analytics advisory service - "On-Demand CAO" - which is primarily geared to mid-market insurance carriers. … Continue reading Insurers as Acquirers and TEK2day’s “On-Demand CAO” Service
It would appear so as the Federal Reserve Bank of Boston is partnering with MIT to explore digital currency. The Federal Reserve Bank of Boston is partnering with MIT on the Digital Currency Initiative ("DCI"). DCI will collaborate with the Bank to build a hypothetical digital currency. The Fed and MIT will collaborate in a … Continue reading Is The Federal Reserve Warming Up To Digital Currency?
We rank three FinTech companies - FactSet, IHS Markit and SS&C Technologies - from a relative risk standpoint. We also outline key long-term trends that will impact the capital markets and companies that sell into this segment of the Financial Services industry. A few long-term trends will impact the capital markets and participant organizations. These … Continue reading 3 FinTech Names & Long-Term Trends
Debt remains cheap. Strategic acquirers and PE firms are flush with cash. It doesn't take a genius to arrive at the conclusion that Software & Services M&A activity will remain healthy in 2020 all else held equal. (tickers mentioned: ACN, AVGO). Today's news that Accenture (ticker: ACN) agreed to acquire Symantec's CyberSecurity Services business from … Continue reading One M&A Prophecy Fulfilled. More to Come.