The Olympics draws millions of people around the globe but it also attracts a higher risk of a cybersecurity attack. Travis Farral, Director of Security Strategy at Anomali, joins Cheddar to discuss certain risks to athletes and tourists traveling to PyeongChang, South Korea.
He says the overall risk of a major cybersecurity attack is unlikely, but he's concerned about small attacks in the form of hacking email or personal information. The Russians have been banned from the Olympics following a doping scandal, so he suspects some hackers from Russia may try to interfere at one point or another.
Plus, Farral talks about how geopolitical tension could impact the Olympics. South Korea and North Korea are still at odds, so the idea of a nuclear missile being launched during the games wasn't out of the question.
The Energy Department is making a push to strengthen the U.S. battery supply chain, announcing up to $3.5 billion for companies that produce batteries and the critical minerals that go into them.
Ed Egilinsky, managing director and head of sales and distribution & alternatives with Direxion, joined Cheddar News to discuss how bond traders are reacting to the latest consumer price index data and how they're positioning portfolios ahead of next week's release of Nvidia's earnings. Egilinsky also discussed some of the other bigger-cap companies, including Alphabet, Amazon and Apple.
Facebook and Instagram will require political ads running on their platforms to disclose if they were created using artificial intelligence, their parent company announced on Wednesday.
