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katakowsj · 2424 days ago · link · · parent · post: The Next Financial Calamity Is Coming. Here’s What to Watch.
I found the following concerning as well.
- There’s no question that hackers are trying to penetrate the American financial system. The number of successful data breaches has been rising.
Banks are rushing to fortify their defenses. The crippling of a major financial institution at the hands of hackers could sow fear and instability across the entire banking system — the same sort of chain reaction that brought financial activity to a halt 10 years ago.
Lends me to see Crypto currency as a nice hedge to a huge hacking of traditional institutions.