Week InReview
Friday | Mar 11, 2022
Fact or fiction?
Photo illustration: Tim Robinson | WSJ
THE CHALLENGE of determining the credibility of online news has gotten a lot harder. Russia's invasion of Ukraine, unfolding in real time on traditional and social media, has demonstrated that anyone can be misled.

A media professor publicly put himself in the penalty box after retweeting a pair of out-of-context photos on Ukraine, as well as a false report on Russia’s progress into Kyiv.

If bogus reports can fool someone who understands – and teaches – the ways of social-media platforms, is there any hope for the rest of us?

— The Wall Street Journal
let's recap...
The prices of commodities including wheat, nickel and natural gas have rocketed. Photo: Reuters
Traders in U.S. financial markets have cranked up their bets on how high inflation will soar in the coming years, complicating the Federal Reserve’s efforts to curb rapidly rising consumer prices. On Tuesday, one market measure of how hot investors believe inflation will run climbed to its highest level since 2014. (Financial Times | Mar 9) see also Will inflation stay high for decades? One influential economist says yes. (The Wall Street Journal | Mar 9)

The administration’s long-awaited executive order for government agencies to take a closer look at issues surrounding the crypto market is being celebrated by industry participants despite it lacking a clear path on possible regulation. (Bloomberg Markets - Crypto | Mar 9)

As searing cross-asset turbulence threatens to end an epic bull run in equities, fast-money asset managers are reducing risk and getting out. “De-risking” is the buzzword du jour on Wall Street, where hedge funds and their ilk are cutting positions, selling stocks and covering shorts. (Bloomberg Markets | Mar 8)

Soaring commodity prices, sweeping financial sanctions and the potential for a ban on energy imports from Russia after it invaded Ukraine are threatening to hobble a global economy still weakened by the Covid-19 pandemic. They are also complicating the task of central banks that had been preparing to phase out easy money. (The Wall Street Journal | Mar 7)

Investment advisors need to prepare for 11 proposed regulations from the Securities and Exchange Commission that are targeted for introduction in the coming months. Compliance with the far-reaching rules on marketing and Regulation Best Interest is likely to come under particular scrutiny, and industry attorneys say an increase in SEC and Financial Industry Regulatory Authority exams can be expected. (ThinkAdvisor | Mar 7)
Why you should be using CISA's catalog of exploited vulns
Source: CSueb via Alamy Stock Photo
(Mar 10) — The Cybersecurity and Infrastructure Security Agency (CISA) recently issued Binding Operations Directive 22-01 aimed at reducing risk associated with actively exploited vulnerabilities. The directive was accompanied by a catalog of known exploited vulnerabilities maintained by CISA that includes mandatory remediation deadlines. Essentially, it means "fix these fast or else" for applicable agencies and organizations.

Source: Dark Reading
the cyber cafe
Illustration: Taylor Callery
The Russia-Ukraine cyberwar could outlast the shooting war
Alongside the physical violence of the Russian assault on Ukraine, a parallel cyberwar is under way that has little, if any, precedent. The digital battle so far has proceeded in ways cyberwar specialists didn’t expect — and that has many of them concerned about how the technological dimensions of Europe’s worst conflict in decades will play out. In particular, they’re concerned about its potential to spill beyond the borders of the two combatants.

SEC weighs 4-day deadline for companies to disclose hacks
Companies would face more pressure to alert the public of hacks or other significant cybersecurity incidents under a new plan from the U.S. Securities and Exchange Commission. The SEC on Wednesday proposed requiring publicly-traded firms to disclose breaches within four days. The demands would apply to incidents that are considered “material,” or important to the average investor. 

7 pressing cybersecurity questions boards need to ask
We need new leadership approaches as we move into the next phase of securing our organizations. For boards of directors, this requires developing new ways to carry out their fiduciary responsibility to shareholders, and oversight responsibility for managing business risk. Directors can no longer abdicate oversight of cybersecurity or simply delegate it to operating managers. They must be knowledgeable leaders who prioritize cybersecurity and personally demonstrate their commitment. Many directors know this, but still seek answers on how to proceed.
binge reading disorder
For the office, for home and for in between: the tools you need to make work as seamless as possible. Photo: Johnny Simon/WSJ | Images: iStockPhoto/Getty Images
The technology that every hybrid employee needs to make work smoother — and more productive
As workplaces reopen, more of us are splitting our time between home and office — with some third places, like the local coffee shop or co-working space, thrown into the mix. Here are five things that every hybrid worker might want in their tech tool kit to ensure their work is as seamless – and productive – as possible.

Pret Index: Wall Street lattes flow but return to office lags London
With companies increasingly setting firm office return dates, sales at Pret A Manger Ltd’s stores on Wall Street approached a pandemic high last week. Still Bloomberg’s Pret Index shows the performance is lagging that of London’s City and Canary Wharf financial districts, where Pret’s sales are now more than three-quarters of what they were before the pandemic.

Here's everything Apple announced on Tuesday
On Tuesday, Apple unveiled an array of new devices, including a new iPhone SE with 5G, a new version of the iPad Air, and Mac Studio, a whole new desktop PC with a powerful new processor. Apple made no mention of a release date for iOS 15.4. Look for that release to be announced soon, possibly next week to coincide with the arrival of the newest iPhone model.
— Wired
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