What we're seeing is this globalization of online crime, but also the globalization of Chinese crime, geographically diverse, and also diverse in terms of activities. Where exactly is the crime. >> 10 years ago, I think you had to be probably really smart, very technical.But now with a crime as a service, you don't have to be so smart anymore. Literally hundreds of thousands of people work in scam compounds in countries like Cambodia, Laos, and Myanmar. Scam operations nowadays are a little bit like multina ...

California-based TP-Link says it may take a sales hit of more than $1 billion because of erroneous reports that the networking company’s technology has been used to launch Chinese cyber attacks under Beijing’s control https://t.co/cQedrHnk5M ...

That's the technology that's behind this outage is called Cloudflare. It's one of the world's biggest cybersecurity companies. You know, effectively what they do is they act as a buffer between your website and the outside world.And most importantly, you know, criminal cyber attackers. And what that means is that if Cloudflare has a problem, so does your website. We've seen this before.Cloudflare is a very, very large company. They're, you know, essential to kind of modern cyber security on the Internet. Bu ...

Market Overview - The market has shown stronger performance than expected in October, with a notable momentum shift as November begins [2][3] - The current earnings season is strong, but there is a lack of follow-through across the board, indicating potential turbulence beneath the surface [3][4] Company Insights - Palantir reported impressive earnings, but the stock's post-earnings reaction was negative, raising concerns about valuation despite strong metrics [4][5] - The company's backlog stands at $6 billion with operating margins exceeding 70%, suggesting significant profit growth potential as it monetizes this backlog [5][6] - The stock is currently experiencing a pullback, with a potential buying opportunity if it drops to the $175 level, which aligns with key moving averages [9][11] Sector Performance - The breadth of the market is concerning, with more stocks declining than advancing, which is atypical during periods of new highs [13] - Technology and consumer discretionary sectors are leading the market, with companies like Amazon and Tesla showing strong performance [13][14] - Meta has been identified as a significant disappointment due to unexpected tax charges, impacting its stock performance [28] Economic Factors - The ongoing government shutdown is the longest in history and is expected to impact GDP, although it is viewed as a temporary speed bump [17][18] - Federal Reserve policy is becoming increasingly data-dependent, with recent comments suggesting that a rate cut is not guaranteed [19][20] Future Outlook - The market may be entering a period of volatility, but this could set the stage for a potential upward move if the right conditions are met [27][28] - There is a focus on identifying turnaround opportunities in consumer-related stocks that have been beaten down, with a positive outlook for sectors like biotech and transports [55][58] - The upcoming earnings reports from major companies like Nvidia will be critical, as expectations may be overly optimistic [79][80]

Let's turn now to cyber security. A new documentary podcast out this week examines China's rise to cyber supremacy and the state sponsored hackers haunting America's infrastructure. Joining us now, Nicole Pearl Roth, former cyber security reporter at the New York Times and the host of To Catch a Thief: China's Rise to Cyber Supremacy.She's also the author of This Is How They Tell Me the World Ends, an expose on the global cyber arms race. And she served on the Department of Homeland Security Cyber Security ...

China said it’s uncovered “irrefutable evidence” of US government cyber attacks on the country’s main agency responsible for timekeeping https://t.co/khVctpzDPb ...

Geopolitical Risks & Security Concerns - Russia is testing the West in cyberspace with cyber attacks [1] - Russia is also testing the West with sabotage, drones, and airspace violations [1] - Critical infrastructure may be targeted by Russia [2] Strategic Recommendations - It is important to correctly attribute any attacks [2] - The West needs to learn to live with uncertainty and remain calm [2] - The West should not overreact but must be firm, as Russia only understands power [2] - Showing weakness or softness to Russia could lead to trouble [2]

Cybersecurity Landscape - Sophisticated cyber attacks are on the rise [1] - Policymakers are seeking new strategies to combat cyber attacks [1] Event Information - A cybersecurity event will be held on October 21st in London [1]

Data Breach Incident - Louis Vuitton suffered a data leak affecting approximately 419,000 customers [1] - Hong Kong's privacy watchdog is investigating the data leak [1] Cybersecurity Concerns - Louis Vuitton is experiencing a series of cyber attacks across its key markets in recent months [1]

Cybersecurity Threat Landscape - Geopolitical tensions naturally increase cyber attacks, with Iran being very active, especially groups linked to Iran focusing on denial of service, web defacement, and influence operations [1][2] - Iran uses cyber asymmetric warfare as a proxy to deliver destructive attacks while remaining "clean" [3] - Denial of service attacks and website defacements increased after bombings, with prepositioning of wiper malware linked to Iran [4] - Targeted industries include healthcare, critical infrastructure, financial services, and transportation, as Iran aims to disrupt and amplify on social media [5][6] - No abnormal activity observed from Russia or China, but a spike seen specifically around Iran and its proxies [8][9] CrowdStrike's Performance and Role - CrowdStrike's stock is up 42% year-to-date [1] - Customers reach out to CrowdStrike for insights on the threat landscape and sector focus during heightened tensions [5] - CrowdStrike is active in both nation-state protection and e-crime [5][6] AI and Cybersecurity - Cybersecurity parallels the technology innovation curve, requiring security solutions to follow new technology innovations like AI [10] - AI is being used both to protect customers and to protect AI models and agents, driving growth in the cybersecurity sector [11] - Security is a natural growth area alongside technology innovation [12]