It’s being referred to as “The Mother of All Breaches”. 26 billion records (yes, 26 BILLION) are involved in this most recent data breach. This is just one more example of how vulnerable we are when it comes to our personal and financial information. This particular perpetration has given hackers a one-stop shop for all sorts of identity and financial data. This should serve as a warning for those who are gung-ho about the idea of cryptocurrencies taking over the financial landscape in the future.
Swiss America CEO Dean Heskin and Chris Agelastos break down what happened and the ripple effects on, The Secret War on Cash.
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Articles discussed in this podcast:
Mother of All Breaches: a Historic Data Leak Reveals 26 Billion Records | Cybernews
Morgan Stanley Sounds Alarm on US Dollar’s Dominance — Says Crypto Could Significantly Alter Currency Landscape – Economics Bitcoin News