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CybersecurityGovernmentTechnology

Government Shutdown Fuels 85% Surge in Federal Cyberattacks

Cyberattacks against federal employees have nearly doubled since the government shutdown began October 1, according to security researchers. The crisis exposes critical vulnerabilities in national security infrastructure as financially stressed workers become prime targets for sophisticated phishing campaigns.

Unprecedented Threat Landscape

Federal cybersecurity defenses are facing their most severe test in recent memory as the government shutdown enters its fourth week. According to analysis from security firm Media Trust, cyberattacks against government agencies have surged by 85% since October 1, with researchers projecting a staggering 555 million attacks by month’s end.

by Jessica Moore P.E.
Business

Goldman Sachs Loses Veteran Credit Strategist Karoui in Senior Research Departure

Goldman Sachs’s chief credit strategist Lotfi Karoui has exited the firm after nearly two decades, sources confirm. The departure comes alongside other senior research changes at the investment banking giant, including the planned retirement of chief US equity strategist David Kostin.

Senior Leadership Shift at Goldman Sachs

Goldman Sachs’s chief credit strategist Lotfi Karoui has departed the firm after 18 years, according to reports confirmed by the bank. Karoui, who also served as head of credit, mortgages and structured product research, was named to the chief credit strategist position in 2017 and was among 95 executives promoted to partnership in November.

by Jessica Moore P.E.