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- New Cyberattack Goes Global, Hits WPP, Rosneft, Maersk
- Deutsche Bank Said to Lose as Much as $60Mn Over Derivative Trade
- Dimon Says JPMorgan Headcount to Keep Rising Despite Automation
- RBS to Cut 443 Jobs In UK, Move Many of Them to India
- Deutsche Bank Bullish on London Despite Brexit
- Supreme Court Nears Finish With Big Cases, Retirement Rumors
- The Richest Person in Every State
- LPL Tabs Scott Seese, Former eBay Exec, as Chief Information Officer
- Fired Biglaw Associate Arrested for Trying to Extort Partners
- Canada's CIBC Completes $5Bn PrivateBancorp Buy
- Word ‘Women’ Literally Never Appears in U.S. Senate’s 142-Page Health-Care Bill
- Stephen Pierce, Goldman Sachs Global Head of Equity Markets, To Retire
- Al Gore 'Not Very Smart,’ But Became Filthy Rich Using Simple Investing Formula - Charlie Munger
- U.S. Regulators, Lawmakers Support Volcker Rule Revamp at Hearing
- Morgan Stanley Opts for Frankfurt as New EU Hub
- A New Risk for Goldman, Morgan Stanley in Stress Tests (subsc reqd)
- A Trump Bump for Law Firm of President’s Lawyer - Kasowitz Benson Torres
- JPMorgan, BofA, Goldman, Citi, Wells Fargo Pass Fed's Stress Test
- Blackstone Stock Still Trading at $31 - Its IPO Price From 10 Years Ago
- NJ Resident and NY-Based Global FX Club Charged with Solicitation Fraud, Misappropriation - CFTC
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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.