With the final editing of the Q 4 2023 Newsletter in process… an article included in is Cyber Security from a half day seminar late spring….
From the Newsletter Article..
If there’s one thing, for those of us with little time or patients for a long read that we would like you to take from this article it is that most cyber intrusions come from an e-mail that has a bad actor with a hot link click, do not click on that bad hot link!
The second thing and more encouraging, most cyber security situations are not extremely complicated and are allowed by a simple letting of our guards down- see above point!
It Happens to the Best of them – MGM Resorts
Monday morning, during a regular research call, it was noted MGM had been taken down via a hacker… maybe a bad loser… but who knows…
This from the site early am Monday… for all of MGM at the time…
Oh my…just checked it again… YIKES!
Snapshot taken 9-12-23 at 8:44 PM
Cannot imagine the lost revenue from this hack… WOW!
Quick Google for more information — From – This Las Vegas Journal
On Tuesday, some point-of-sale locations couldn’t process credit card transactions at MGM’s retail outlets, and in-resort ATMs were offline. Some guests complained that they couldn’t get into their hotel rooms because the MGM app was off. The company has since remedied that problem by issuing key cards. MGM’s websites and mobile app remained down on Tuesday.
Have a Great “Cyber Security Aware” Day!
John A. Kvale CFA, CFP
Founder of J.K. Financial, Inc.
A Dallas Texas based fee only
Financial Planning Total Wealth
Management firm.
April 2023 Audio Video Review – Cyber Reminder, US Dollar Discussions, Chat GPT the modern .COM (Dot Com) – Financial Planning and Capital Market Review – By John Kvale CFA, CFP
Hello and Welcome to our April 2023 Financial Planning and Capital Market Update!
If you are too busy to read, feel free to listen as we describe our post and thoughts in friendly podcast audio format as well as Video!
Newbies –
We like to articulate our thoughts and review on a Monthly basis our Financial Planning Tips, Capital Markets thoughts and current events!
Hope you enjoy!
April 2023 Video –
YouTube
Financial Planning Tip(s)
Cyber – Fraud Reminder
In this post about cyber fraud and a reminder we point out where some 95% of all intrusions come from….
The trojan horse of clicking on a spam email!
Capital Market Comments –
US Dollar Currency Status –
After hearing from four different directions …discussions of the US dollar and weaking in its status… the follow post was born…
Likely overstated…but acknowledge there are surely effect from cutting a countries Swift code- (lifeline to wires)
True Foreigners, likely want a WEAKER US dollar – as its strength is not waning currently!
.COM and Chat GPT Comparisons
One of the neat things about staring so young in this industry and doing this for so long, is at a fairly young (this is subjective our course) age we get to recall and remanence about times of old….
…We all know what happened eventually, tons of .COM companies came public and expired in short order… BUT public companies learned by adding .COM to their name or services would drive the stock price up… many times in huge amounts…
.Com rhymes with Chat GPT – in almost every way…. but be sure to follow the revenues, not the narratives!
Have a Great Day, Talk to You at the End of April !
John A. Kvale CFA, CFP
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Posted in Audio, Cyber, Education, General Financial Planning, Investing/Financial Planning, Market Comments, Monthly Review, Podcast, Video
Tagged CHATGPT, Cyber, Dot COm, John Kvale, Monthly Review, Strong Dollar, US Dollar