Cyberattacks are on the Rise: Healthcare Data is Prime Target

Saturday, February 8th, 2014 Leave a comment

According to a study of all data breaches in 2013 (pdf), the health-care sector suffered the highest share of attacks last year, overtaking the business sector for the first time in almost a decade.

Here is a chart from the Identity Theft Resource Center, a nonprofit organization that tracks data theft, summarizing the number of data breaches in 2013 by categories (e.g., banking, business, and healthcare):

 

Wonkblog_2013databreaches

 

While there’s no doubt the number of data breaches across sectors has increased, there is one caveat regarding the healthcare sector’s totals. In particular, The Wonkblog noted:

The health-care number may be distorted because of a 2013 federal regulation that requires companies to publicly report breaches affecting 500 or more people. So there’s more data out there on health-care breaches than there is on say, retail attacks. In fact, that’s a practice the retail industry is talking about standardizing right now.

 

Source: Cyberattacks are on the rise. And health-care data is the biggest target. (Wonkblog)

Threats to Facebook [Infographic]

Saturday, February 8th, 2014 Leave a comment

TRB_facebookthreats

 

Hat Tip: The Reformed Broker

High-Frequency Traders Get an Edge

Saturday, February 8th, 2014 Leave a comment

WSJ__SPEEDtraders_G_20140206183617

Source: WSJ

 

Hat Tip: The Big Picture

Recap of Twitter’s First Earnings Report (Post-IPO)

Wednesday, February 5th, 2014 Leave a comment

Earlier tonight, Twitter announced its much anticipated first earnings report since going public. Despite exceeding top and bottom line expectations, the microblogging company’s shares dropped sharply in after-hours trading mainly due to concerns over slowed user growth.

Here are some highlights from Twitter’s earnings report:

  • Twitter posted earnings of 2 cents a share, excluding one-time items, on sales of $243 million, easily topping expectations for loss of 2 cents a share on revenue of $218 million.
  • In the fourth quarter, Twitter said it added just 9 million, or 3.8% more, new monthly active users to 241 million, down from 6.4% growth in the previous period. It was the fourth straight quarter of slowing growth.
  • Twitter did show it is drawing more revenue from its users. The company said it made $1.49 per 1,000 timeline views in the quarter, up from 97 cents in the previous three months. Twitter has been incorporating improved metrics and adding to new ad products to woo more advertisers.
  • Going forward, Twitter sees 2014 revenue between $1.15 billion to $1.2 billion, with revenue for the first quarter of the year expected to range between $230 million to $240 million.

 

Here are two charts relating to Twitter’s ad revenue and monthly active users:

WSJ_Twitter_G_20140205193202

 

 

CNBC_Twitter-BfvX_FJCUAAx-_w

 

Sources:

Twitter Revenue Jumps But So Do Concerns (WSJ)

Twitter skids 17% on user growth, but earnings beat (CNBC)

The Price of Political Influence

Sunday, January 26th, 2014 Leave a comment

Here is a chart that shows lobbying expenditure of selected tech companies in the United States in 2013. As you can see, AT&T, Google, and Microsoft invested the most U.S. dollars on their lobbying efforts.

 

Statista_chartoftheday_673_Lobbying_expenditure_of_tech_companies_in_UnitedStates

 

Source: Statista

A Complete History Of Quantitative Easing In One Chart

Sunday, January 26th, 2014 Leave a comment

The chart below illustrates the complete history of the Federal Reserve’s quantitative easing program, along with Goldman Sachs’ forecast for how “QE3” will be wound down.

QEprogram_2014-01-25 at 3.55.45 pm

 

Source: Business Insider

Currencies of Natural Resource Exporters Under Pressure

Saturday, January 25th, 2014 Leave a comment

Some of the largest natural resource exporters with floating exchange rates have seen their currencies come under significant pressure over the past year. The currency selloff was triggered, in part, by a decline in demand for natural resources and news of slower economic expansion in China.

 

CreditWritedowns_currency performance

 

Source: Credit Writedowns