The banking password may be about to expire — forever. Some of the nation’s largest banks, acknowledging that traditional passwords are either too cumbersome or no longer secure, are increasingly using fingerprints, facial scans and other types of biometrics to safeguard accounts. Millions of customers at Bank of America, JPMorgan Chase and Wells Fargo routinely…
Category: Financial News & Analysis
Modern Crime: That Secret Symbol That Keeps You From Counterfeiting American Currency
This is amazingly not widely known to most Americans!! Duh! Read the Original Article at Digg
Cyber-Crime: Hackers Steal $81 Million in Sneak Attack on World Banking
Bet you did not hear about this during your morning coffee.Your money is not safe in banks anymore folks..between crooked Governments and wily Hackers you are better off using a coffee can.-SF NEW YORK — Tens of millions of dollars siphoned from the Federal Reserve Bank of New York. A shadowy set of casinos…
Financial News and Analysis: European Banking Stocks Crash for 4th Straight Week
Even with today’s 3% surge – the most in a month – on the heels of Unicredit’s CEO proclaiming that EU banks are “intensely” looking for funding solutions, European banking stocks have collapsed for a 4th straight week for the worst losses since 2012. Following the brief exuberance after Draghi unleashed his latest bazooka…
Modern Crime: The “Panama Papers” Scandal Keeps Getting Stranger
The man behind a Panama ‘tax scam’ that guards the clandestine wealth of the global elite is the son of a Nazi SS officer from a unit known as the ‘Death’s Head division’. Jürgen Mossack is at the heart of the biggest financial data leak in history, and has allegedly been helping world leaders, politicians…
Financial News and Modern Crime: Why You Should Care About the “Panama Papers” Leak
The Panama Papers—11.5 million leaked documents that detail the inner workings of Mossack Fonseca, a law firm accused of helping drug lords, sports stars, Ponzi schemers, kings, presidents, prime ministers, FIFA officials, mafia members, high-profile thieves, high-ranking politicians, and at least one convicted sex offender launder money, evade taxes, and escape criminal prosecution—are a big…
Espionage Files and Modern Crime: The Security Implications of the Panama Papers
For those of you that have not heard about the largest leak of Secret Documents in History, Here is some background from BBC and Business Insider. -SF Aside from their immediate shock value, the Panama Papers reveal the enormous extent of tax evasion on a worldwide scale. This unprecedented phenomenon is inextricably tied with…
Time for a Remedial History Lesson for Political Candidates
Although I am all about National Security, “Make America Great” needs to start and end with this issue, which if I am not mistaken, has not been mentioned once on the campaign trail. Come to think of it, I have not heard very much about America’s dire fiscal debt situation by any of the candidates,…
STRATFOR Founder Warns: “Be Ready for War”
Interstate warfare is a thankfully unusual occurrence in the present day. State-assisted nonstate groups frequently fight governments, a scenario currently unfolding in Syria, Eastern Ukraine, and a host of other places. But you’d have to go back to the US-led invasion of Saddam Hussein’s Iraq in 2003, or the Eritrea-Ethiopia conflict of the late 1990s for an example…