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Senator demands telecom cybersecurity standards overhaul to curb abuses

Sen. Ron Wyden (D-Ore.) sent a letter to President Biden and the Cabinet calling on them to regulate cybersecurity standards for wireless carriers to prevent further exploitation of the “lax security” of the U.S. telephone network. . “I write to ask you to address the serious threat posed by the lax cybersecurity practices of wireless […]

Barclays posts fourth-quarter net loss, announces major strategic overhaul – CNBC

Barclays Bank’s UK headquarters are located in Canary Wharf, London. Matt Crossick/PA Image (Getty Images) LONDON – Barclays on Tuesday reported a fourth-quarter net loss of 111 million pounds ($139.8 million) as the British lender announced a wide-ranging strategic review. Analysts polled by Reuters had expected net profit attributable to shareholders to be 60.95 million […]