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CRTC launches consultation to strengthen Canadians’ online safety


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J.P. Morgan Predicts 30%-Plus Rally for These 2 Stocks

Basic physics, and the evidence of our own eyes, tells us that what goes up must come down. But the NASDAQ is over 13,000, and the S&P 500 is over 3,800, and some market watchers are starting to wonder where the ceiling is. Banking giant JPMorgan investigates that question, seeking to find out just how much room the bulls have left to run in the current market conditions.Looking back to the collapse of Lehman Brothers, and the financial crisis of 2008, the bank’s global markets strategist Nikolaos Panigirtzoglou notes that, among stocks, bonds, and cash, the average equity holding has been 42.3%. He points out that this ‘neutral’ level was breach in November, and equity allocations now are nearer 43.8%.This increase from the average would imply that there may not be much room for stocks to keep going up – except that the post-Lehman equity allocation high, reached in January 2018, was 47.6%. To state the obvious, we’re not there yet. Panigirtzoglou sees the ongoing expansion of the M2 monetary base fueling the stock boom, and insulating it from changes in the bond markets.Against this backdrop, JPMorgan analysts are pounding the table on two stocks in particular, noting that each could surge over 30% in the year ahead. We ran the the two through TipRanks database to see what other Wall Street’s analysts have to say about them. ContextLogic (WISH)We will start with ContextLogic, the parent company of Wish.com. This e-commerce marketplace has become known for its social media ads, both for their ubiquitous presence and their entertainment value. Wish has a knack for drawing traffic and customers – it has become the third-largest online retail site it the US, with over 100 million monthly visitors and more than 150 million items listed for sale. The company’s revenue exceeds $2 billion annually.The company’s growth is being driven by several factors: the high monthly traffic, the large – and largely untapped – e-commerce customer base of low-income households looking for budget goods, and worldwide network of more than 500 million merchants.WISH ran up a great deal of hype in December, when it held its…

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Safety gaps in online banking security systems exposed


Mobile Pnone Shopping Online With A Debit Card
Banks have ‘concerning vulnerabilities’ in security that could leave their customers exposed to fraud, according to an investigation by Which? Photo: Getty

Safety gaps in the online banking security systems of some of the UK’s biggest banks have been exposed by a new investigation by consumer group Which?

Banks have “concerning vulnerabilities” in security that could leave their customers exposed to fraud, according to the investigation by Which? and independent security experts 6point6.

The investigation looked at four main criteria: encryption, login, account management and navigation.

Tesco Bank (TSCO.L) received the lowest rating for online security in Which?’s testing, with an overall score of 46%.

Multiple security headers were missing from its webpages, the investigation found. Security headers protect customers against a range of cyberattacks, by telling users’ browsers how to behave when they communicate with the website.

Tesco Bank also failed to block testers from logging in to its website from two computer networks at the same time and also did not log out when switching to a different website or using the forward or back button to leave the session and return to it.

READ MORE: Brits to spend 19 million hours on tax returns

Tesco Bank told Yahoo Finance UK: “The security of our customers’ accounts is always our top priority. Customers can be assured we have robust security measures in place to protect them and their money. Not all of these controls are obvious or visible to customers, but each of them serves to protect customers and all are in line with industry standards.

“We use the latest technology to protect and manage the security of Online Banking and our Mobile Banking App and all our controls are constantly reviewed to ensure they remain fit for purpose, giving customers peace of mind they can bank safely and securely with us.”

TSB finished second from bottom in the ranking with a score of 51%. The bank’s login process did not meet new regulations on “strong customer authentication” (SCA), introduced in March, the research found.

Which?
Which?’s ranking for online banking security. Photo: Which?

When Which? reported TSB’s non-compliance to the Financial…

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Cyber Security for IP Video Surveillance



WISeKey’s Identity Blockchain Technology Secures Commercial and Recreational Drones and Improves Safety Swiss Stock Exchange:WIHN


WISeKey’s Identity Blockchain Technology Secures Commercial and Recreational Drones and Improves Safety

FAA lays out its remote ID ‘license plate for drones’ requirements

ZUG, Switzerland – December 29, 2020 – WISeKey International Holding (“WISeKey”, SIX: WIHN, NASDAQ: WKEY), a leading cybersecurity IoT company, today announced that its identity blockchain technology integrates advanced digital security solutions into drones. Commercial drones are being used across various industries to help companies save money, improve safety, and enhance the efficiency of their operations.

New regulations by the Federal Aviation Administration (FAA) in the U.S., for the first time allow commercial drones used for deliveries and services to fly overpopulated areas.  These rules include strict requirements for tracking these drones to address safety and FAA security concerns.

As per these new safety rules, all but the smallest drones will have to broadcast a radio signal with a digital license plate and a flight location.  Additionally, starting in 2022, the FAA’s Remote ID requirement will necessitate every drone sold in the U.S. that weighs more than 0.55 pounds to come with a way to broadcasts its location and identification to local authorities. One way to think of the technology is as a digital license plate for drones.

This technology already in use in Parrot drones (https://dronelife.com/2020/07/16/parrot-boosts-drone-security-with-wisekey-tech/), is now available and suitable for all commercial drones allowing WISekey to work directly with other drone manufacturers.  The integration of WISeKey’s digital security technologies from inflight control systems down to infrastructure is designed to help drone manufactures further guarantee the security of their drone flights and recorded data for professional users.

Public safety, security, defense, and inspection professionals comprise a growing market share of drone users who demand the highest levels of privacy, encryption and security for their flights.  Drones have many useful applications but can also be used to intentionally cause harm. Additionally, drones themselves can be subject to unlawful interference.

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