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Three useful things to know about stock market manipulation
As the SEC investigates social media posts for GameStop manipulation, UNSW Business School’s Mark Humphery-Jenner says it is important to remember that market manipulation is illegal.
Famed GameStop investor ‘Roaring Kitty’ was recently hit with a securities-fraud lawsuit for his role in GameStop’s surge. The litigation alleges (amongst other things) that he manipulated the stock price and that he misrepresented himself as an amateur investor when in reality he was a licensed broker.
The meteoric rise of stocks such as GameStop has raised awareness of financial markets, with the likes of late-night hosts talk about people trading to “spank the Wall Street big boys”, presumably by forcing stock prices to move in a specific way. But, this risks encouraging behaviour that is straight illegal through market manipulation.
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Not so fast, says infosec boffin, because crims know returning workers will be easy prey
Laura Dobberstein Wed 3 Mar 2021 // 05:58 UTC Share
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Kaspersky CEO Eugene Kaspersky has suggested that the end of the COVID-19 pandemic will bring a slowdown in cyber-crime.
Speaking yesterday at the Kaspersky-sponsored Asia Pacific Online Policy Forum, the CEO said: If the pandemic goes away, criminals will go away and on vacation.” He added that one reason for the slowdown would be taking time to spend all the money they stole during the pandemic, and that a return to robbery-as-usual can be expected a few months later.
Australia s COVID-19 vaccine targets will require a dramatic ramping up of our national rollout
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It s a lofty vaccination goal, and getting there would mean rapidly ramping up Australia s rollout to become one of the fastest immunisers in the world.
Health Minister Greg Hunt this week reaffirmed the government s goal of vaccinating everyone who wants to be vaccinated by the end of October.
Reaching that target is not impossible, but it represents a massive effort.
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Xinhua Headlines: China addresses disparities in COVID-19 vaccine distribution Liu Tian,Mao Pengfei,Hao Yalin,Ye Shan
Xinhua Headlines: China addresses disparities in COVID-19 vaccine distribution
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Replay Video UP NEXT In the face of production shortfalls across the world, some rich countries are hoarding vaccines, leaving poorer ones defenseless in the face of the deadly pathogen. As of mid-January, high-income countries, which represent only 16 percent of the world s population, had taken 60 percent of available doses. Experts said closing the immunity gap is not only about morality and conscience, but also the key to stopping the pandemic by cutting risk of more new variants.