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.
Marc Blinder, Co-Founder and CEO of Aikon, joins Cheddar News' Closing Bell, where he discusses how his company is helping businesses use blockchain applications without needing to learn the intricacies of the new technology.
Senators Richard Blumenthal (D-Conn.) and Marsha Blackburn (R-Tenn.) have introduced a new bill to afford greater protection to minors on social media. The genesis of the Kids Online Safety Act came from a Facebook whistleblower case exposing the harm apps can have on the mental health of young girls.
Ride share competitors Uber and Lyft both posted their fourth quarter earnings days apart from each other. Both companies have been trying to get back on their feet after taking some pandemic-related hits, but the Omicron variant had other ideas as the year came to a close, with each company taking a hit in ridership in December. Lance Ippolito, head trader at The Future of Wealth explains how Uber and Lyft measured up this earnings period and why Uber may still have an edge over the competition.
Parallel Systems has been selected to receive $4.5 million from the Department of Energy for an advanced testing program of its autonomous, battery-electric rail vehicles. The startup, which has raised more than $53 million to date, was founded by former SpaceX engineers to reimagine the rail system by creating a more efficient, decarbonized freight network. Matt Soule, Co-founder & CEO of Parallel Systems, joined Cheddar's Opening Bell to discuss what the company hopes to achieve.
