Wall Street Buying Some Extra-Strong Barn Doors

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Because, you know, they probably should have had them already, and no one wants to have that look that Jamie Dimon had on his face when told about the incident.

Financial-services companies plan to bolster their cybersecurity budgets by about $2 billion over the next two years, according to accounting and consulting firm PricewaterhouseCoopers….

The spending increases represent accelerated efforts to keep hackers out and a realization that previous efforts haven’t been sufficient.

Financial Firms Bolster Cybersecurity Budgets [WSJ]

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TomasEE [CC BY 3.0], via Wikimedia Commons

Bonus Watch ’17: Wall Street

Big Apple bankers have almost put that financial crisis unpleasantness behind them, paycheck-wise.

Image adapted from Flickr User Aranami.

Wells Fargo Hiring Huge, Expert Team Of Barn Door Closers

The bolted, bad-apple fed horses? Yea, they’re still trampling the bank in front of the barn.

Banks Struggling With ‘You Can’t Fix Stupid’ Problem

JPM to employees: "Don't be stupid, you moron!"

By Luis Villa del Campo from Madrid, Spain (Times Square - NASDAQ) [CC BY 2.0], via Wikimedia Commons

Apparently You Can Steal, Like, A Whole ETF

Not just some shares. The whole damned thing.