Wake Up and Smell the Pain

Every article I saw today on Fed Chair Powell’s speech at Jackson Hole focused on the idea that raising rates will cause “pain” to the economy. This sparked a nasty -3.37% scalping of the S&P 500 (SPY) and having investors pondering if we are about to revisit the June lows. 40 year investment veteran Steve…

Iranian Hackers Exploiting Unpatched Log4j 2 Bugs to Target Israeli Organizations

Iranian state-sponsored actors are leaving no stone unturned to exploit unpatched systems running Log4j to target Israeli entities, indicating the vulnerability’s long tail for remediation. Microsoft attributed the latest set of activities to the umbrella threat group tracked as MuddyWater (aka Cobalt Ulster, Mercury, Seedworm, or Static Kitten), which is linked to the Iranian intelligence…