Cyber-security is a very hot topic. A week does not go by without some large and important entity being hacked. This impressive array of entities included the NYSE, United Airlines and the US Government, all within in the same week. This does not give anyone a sense of comfort and safety. And the news is getting worse.
The United hack we now learn has been traced. That traced leads back to China – of course. Please follow the link to see just how significant the Chinese hack was.
For our readers, the most relevant story will be the United Airlines hack. Bloomberg states “Among the cache of data stolen from United are manifests.” While the airline has believes there is no connection between the hack and a July 8 systems failure that halted flights for two hours. United also did not rule out a possible, tangential connection… Continue reading
Last week United announced its deal to take a stake in Azul. This follows an earlier move by Delta to take a stake in GOL. What do these deals mean? Let’s start with the following table. Continue reading