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Stories of Interest
- I Owned Bitcoin For a Weekend and Here's What I Learned
- SEC Appoints New Chair and Board Members to PCAOB
- FINRA, Georgetown Team Up to Deliver 'Certified Regulatory and Compliance Professional' Program
- FINRA Board Meeting - This Week's Agenda
- Statement on Cryptocurrencies and Initial Coin Offerings - SEC Chair Clayton
- Company Halts Initial Coin Offering Over SEC Registration Concerns
- Kevin O'Leary Explains One Big Thing People Don't Understand About Bitcoin (But Need To)
- CME Bitcoin Futures: A Better Way to Buy (or Short) Bitcoin?
- Address at ICI's 2017 Securities Law Developments Conference - SEC Commissioner Stein
- New York Pension Fund Seeks More Pay Disclosure from Wells Fargo
- Wells Fargo Sanctions Are on Ice Under Trump Official
- Josh Brown: Here's How to Buy Bitcoin, But Realize It Could Be One Giant Bubble
- Trump's New Tax Plan Could Cost Citigroup $20 Billion
- Morgan Stanley Fires Former Congressman Harold Ford Jr.
- Al Franken Will Resign Over Sexual Misconduct Allegations - His Full Resignation Speech
- Ex-NFL Player Gets 40 Years for Running $10Mn Fraud
- Bitcoin Blows Past $15K, Adding $2K in Under 12 Hours
- Financial Adviser Settles Charges for Defrauding Private Equity Fund Investors
- New Cross Market Equity Supervision Report Cards - FINRA Phone-In Workshop, WebEx Presentation
- Mueller Just Crossed Trump's Red Line, With Deutsche Bank Subpoena
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NEWSLETTERS & ALERTS
Barclays Adds Safeguards to Email Security After CEO Staley Was Spoofed
It was Wednesday evening, May 10, when Barclays CEO Jes Staley got spoofed by a prankster posing as bank Chairman John McFarlane. The prankster, who had an extended email exchange with the Chief Executive, turned out to be a disgruntled Barclays shareholder.
Earlier that day, Barclays had held its annual meeting – a contentious affair, where some shareholders called upon Staley to resign. Staley was fatigued by the day’s events and hugely beholden to McFarlane for his tremendous support – which apparently left Staley vulnerable to the spoofing email from “firstname.lastname@example.org.”
Going forward, so as to prevent similar embarrassments in the future, Barclays “has decided to activate a warning message whenever an employee sends a message to an external email address on a mobile device, which previously only happened on desktop computers,” according to the Financial Times.