Archive for September, 2020

TBT: The Trouble with Daring a Hacker

September 24, 2020

It has become something of a journalistic fad for reporters to invite hackers to, well, hack them. Without exception, they emerge shaken by two observations: Just how vulnerable they are; and just how much sensitive data they’d forgotten about that awaited discovery. TIME reporter Joel Stein is one of the latest to give it a […]

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Congrats to Jane Fraser (but equity is still a long way off)

September 21, 2020

Like the rest of the world, I’m delighted with Citi’s announcing Jane Fraser as its next CEO. Still, as is often the case with great news, irony underlies the announcement. We are, after all, commemorating the centennial of the Nineteenth Amendment. One would have hoped that by now “major bank names female CEO” would be […]

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TBT: October is National Cyber Security Awareness Month (And it’s not too late to put it to work)

September 17, 2020

I am the first to admit that when it comes names of commemorative months, National Cyber Security Awareness Month isn’t the sexiest. Reducing it to the initialism NCSAM makes it easier to write, but not easier to pronounce—En-see-sam? Nik-sam? Ink-sam?—and it it doesn’t help in the sexiness department, either.  Perhaps that’s why, even though NCSAM has been […]

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Walmart takes on Prime, while Amazon drones on

September 14, 2020

Here’s how PYMNTS.com describes Walmart Plus*, Walmart’s new delivery program, set to debut tomorrow: For $98 annually or $12.95 a month, members will receive unlimited, same-day free delivery, Scan & Go on the Walmart app that allows customers to scan their items as they shop and pay with Walmart Pay for quick and touch-free payments […]

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TBT: When it comes to innovation, think small

September 10, 2020

Yesterday when my wife kicked off her ASICS workout shoes, I noticed this line on the removable insole: “Be better than yesterday.” That, I realized, says it. The financial services industry is obsessed with innovation. Rightly so, for we cannot let the competition outstrip us. But when we limit innovation to mean the next big shiny […]

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