We’re all sitting ducks with cyberattacks.
After all these years of one attack after another, we’re still not prepared.
The attack on Change Healthcare upended patients, doctors, and pharmacists with widespread outages in systems used for billing and insurance. “Disruptions to copay assistance and coupon card processing at pharmacies, in particular, have highlighted key vulnerabilities in a system on which people’s lives depend,” added NBC News.
The U.S. government isn’t even prepared.
According to BusinessInsurance.com, “Many federal agencies are not fully prepared to respond to cybersecurity incidents, the U.S. General Accountability Office said. The report says that while 23 federal agencies’ chief financial officers have made progress in cybersecurity incident response preparedness, 20 have not met requirements.”
Worse, it’s only a matter of time before we’re hit with another massive cyberattack.
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One way to trade that is with a cybersecurity stock: Macquarie says CRWD is one of the top cybersecurity firms best positioned to benefit from an increase in spending after the healthcare cyberattacks. With an outperform rating and a price target of $370, the firm added, “We believe CrowdStrike’s best-of-breed endpoint security platform is ideally positioned to mitigate ransomware attacks.” |
Dollar reboot underway
Forget the digital dollar… the end of cash… or the BRICs plot to replace the dollar altogether.
There’s another, much more important story unfolding in the US financial system today… one that involves a scheme backed by the Federal Reserve, US Treasury, and 41 major banks.
And it could seismic implications not just for the US dollar, but but for your savings, retirement, and whole way of life.
Here’s the full story.
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Company: SentinelOne (S) Bank of America just noted, “We remain positive on SentinelOne’s competitive positioning and its near-term pathway to profitability and [free cash flow] generation. The demand remains healthy, per management, and SentinelOne remains focused on customer acquisition, upsell opportunities and achieving profitability/positive free cash flow,” as quoted by Seeking Alpha. The firm also has a buy rating on the stock with a price target of $35. |
Central Bank Gold Heist In Progress
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