Latest / Earn Your Leisure / Las Vegas Hacking Incidents: Top Cybersecurity Companies to Invest In
Transcript
- 0:00Speaker 1: An illegal alien from Guatemala charged with raping a child
- 0:03Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 0:07Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 0:11Speaker 1: filming and selling child pornography in Michigan. These are just
- 0:15Speaker 1: some of the heinous migrant criminals caught because of President
- 0:19Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 0:23Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 0:28Speaker 1: crossings are at the lowest levels ever recorded, and over
- 0:31Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 0:35Speaker 1: are here illegally, your next you will be fined nearly
- 0:39Speaker 1: one thousand dollars a day, imprisoned, and deported. You will
- 0:43Speaker 1: never return. But if you register using our CBP home
- 0:46Speaker 1: app and leave now, you could be allowed to return legally.
- 0:50Speaker 1: Do what's right. Leave now. Under President Trump, America's laws,
- 0:55Speaker 1: border and families will be protected.
- 0:57Speaker 2: Sponsored by the United States Department of Homeland Security.
- 1:00Speaker 3: MGM casinos were hacked last week, causing many customers to
- 1:04Speaker 3: have their sold security number and driver's license information stolen.
- 1:09Speaker 3: So do you think we will see more cyber attacks
- 1:12Speaker 3: like this?
- 1:14Speaker 2: And uh?
- 1:15Speaker 3: What is your favorite cybersecurity stock that you're looking to
- 1:17Speaker 3: invested as a result. And I also heard that MGM
- 1:20Speaker 3: had offered free lap dances to customers.
- 1:25Speaker 2: That Larry Larry Flint's club office Hustler.
- 1:29Speaker 3: So I had nothing to do with MGM.
- 1:30Speaker 2: Well, it's it's the hell No, it's true.
- 1:33Speaker 4: This is a fact, bro, It's not like big short
- 1:35Speaker 4: part to what this is not speculation. So because of
- 1:39Speaker 4: there was I mean, there's a lot of things that happened,
- 1:41Speaker 4: but Larry Flint's club that stepped up and offered free
- 1:45Speaker 4: lap dances to some of the people who were affected
- 1:48Speaker 4: from the short. I mean people weren't able to get
- 1:49Speaker 4: into their rooms, able to get money. So there's a
- 1:53Speaker 4: lot of things that happened.
- 1:54Speaker 2: And this is this is I guess one of.
- 1:55Speaker 3: The perks said, So it wasn't MGM that offered last
- 1:59Speaker 3: Vegas trips, it was Hustler Club. Got the Hustler Club
- 2:07Speaker 3: in any event, Yeah, what's your take on this? And
- 2:11Speaker 3: what is some cybersecurity? Because to me, cybersecurity is definitely
- 2:15Speaker 3: one of like we talk about, you know, companies, chip
- 2:17Speaker 3: companies and smates and that's important because semiconductors are going
- 2:21Speaker 3: to be driving technology. We'll talk about artificial intelligence a lot,
- 2:24Speaker 3: but cybersecurity is probably one of the most, if not
- 2:28Speaker 3: the most important areas to the society currently and will
- 2:33Speaker 3: be even more important over the next ten years. When
- 2:35Speaker 3: you look at all technology becoming bigger and bigger and bigger,
- 2:39Speaker 3: then security has to come into play as well, right,
- 2:41Speaker 3: because it's like, all right, if we're going to rely
- 2:43Speaker 3: almost one hundred percent on tech tech and you know security,
- 2:48Speaker 3: it's always safety first. So cybersecurity goes hand in hand
- 2:51Speaker 3: with the evolution and the scaling of tech. Whether it's
- 2:55Speaker 3: artificial intelligence, whether it's semiconductors, whether it's so media, whatever,
- 3:02Speaker 3: it goes hand in hand. So what's what's the deal
- 3:04Speaker 3: with this?
- 3:05Speaker 5: The one I will lean on? This crowdstruck. I like
- 3:08Speaker 5: that one a lot. We talked about it before Traps,
- 3:12Speaker 5: the one who put me onto it. I don't know
- 3:13Speaker 5: if Microsoft's has made their official announcement of integration into
- 3:17Speaker 5: that space, but I think by twenty twenty five they'd
- 3:19Speaker 5: be a heavy player there, so we already have exposure there.
- 3:23Speaker 5: When MGM, you should have updated from Windows ten whatever
- 3:27Speaker 5: you was doing, Like a few people send me messages
- 3:30Speaker 5: who worked there and.
- 3:31Speaker 2: Said that they had got a threat.
- 3:34Speaker 5: I think three weeks prior, didn't pay and then the
- 3:37Speaker 5: attack came.
- 3:38Speaker 2: I don't think this this would be the last one.
- 3:39Speaker 5: If I was Hilton, uh Radison, lakeitha In, I would
- 3:45Speaker 5: be on the lookout all of those who probably didn't
- 3:48Speaker 5: have the capital to invest in great cybersecurity days in holidays, Chatachini,
- 3:55Speaker 5: I would be on the lookout. RB's network may get
- 3:58Speaker 5: hard work, let's go tough like. But these kind of
- 4:02Speaker 5: threats go up during a recession because the hack groups
- 4:07Speaker 5: know that if spending is compressed because the money isn't there,
- 4:12Speaker 5: they probably have not upgraded in security because the margins
- 4:14Speaker 5: aren't there to do, so a lot more attacks are
- 4:18Speaker 5: going to happen. So if I was crowdstricker, I would
- 4:21Speaker 5: be on an active campaign for every fortune five hundred
- 4:23Speaker 5: to lock everything down with a fortress because, like you said,
- 4:27Speaker 5: for leaning such on tech like, people have to manually
- 4:29Speaker 5: get checked in into their rooms. In the MGM, I
- 4:32Speaker 5: saw a couple of pictures and people waiting three hours
- 4:34Speaker 5: in the lobby.
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- 6:26Speaker 1: An illegal alien from Guatemala charged with raping a child
- 6:30Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 6:34Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with
- 6:38Speaker 1: filming and selling child pornography in Michigan. These are just
- 6:42Speaker 1: some of the heinous migrant criminals caught because of President
- 6:46Speaker 1: Donald J. Trump's leadership. I'm Christy nom, the United States
- 6:49Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 6:54Speaker 1: crossings are at the lowest levels ever recorded, and over
- 6:58Speaker 1: one hundred thousand illegal aliens been arrested. If you were
- 7:01Speaker 1: here illegally, your next you will be fine. Nearly one
- 7:05Speaker 1: thousand dollars a day. Imprisoned and deported, you will never return.
- 7:10Speaker 1: But if you register using our CBP home app and
- 7:13Speaker 1: leave now, you could be allowed to return legally. Do
- 7:17Speaker 1: what's right. Leave now. Under President Trump America's laws, border
- 7:22Speaker 1: and families will.
- 7:23Speaker 2: Be protected sponsored by the United States Department of Homeland Security. Crazy,
- 7:27Speaker 2: that's unbelieved, Like this should not happen.
- 7:30Speaker 4: But this is and Ian you brought up a great
- 7:32Speaker 4: point because I'm a tough show on Microsoft because they
- 7:34Speaker 4: are stepping into the cybersecurity point. But this, like shoddy
- 7:38Speaker 4: says this all the time when when life imitates art,
- 7:42Speaker 4: is this not Ocean's eleven?
- 7:44Speaker 3: We'll just watching that.
- 7:45Speaker 2: The other yeah point, is this not Ocean's eleven?
- 7:48Speaker 4: Look pretty impacted slot machines, sports betting, kiosks, ATMs loyalty
- 7:53Speaker 4: program rowart machines, digital room keys also stop working, leading
- 7:57Speaker 4: to a huge lines at the front desk of each
- 8:00Speaker 4: acted hotel. So pretty much you shut down the hotel.
- 8:02Speaker 4: You shut down the hotel, and you shut down betting
- 8:04Speaker 4: for the hotel. Now that doesn't help MGM, but you
- 8:08Speaker 4: know who it does help Caesars. Yeah, right, And so
- 8:12Speaker 4: if your competitors down and people, especially during sports weekends,
- 8:18Speaker 4: they're gonna go to the competitor.
- 8:19Speaker 2: People are not just gonna say we're gonna stop the ambling.
- 8:21Speaker 4: They're going to find where they can do it at
- 8:22Speaker 4: So this helped Caesars, and so I'd be interested to
- 8:24Speaker 4: see the profits that they made from that week. But
- 8:27Speaker 4: from a stock standpoint, two months ago, Microsoft made headlines
- 8:32Speaker 4: that they were going into cybersecurity space and they you know,
- 8:35Speaker 4: they asked the CEO of Palo Alto, what does this mean.
- 8:38Speaker 4: Do you look at them as a competitor and his
- 8:40Speaker 4: thing was like, no, not as a competitor. But what
- 8:42Speaker 4: it does do is validate the space. And we talk
- 8:45Speaker 4: about cybersecurity all the time, whether it's crowdsteck, whether it's
- 8:47Speaker 4: c scaler, paler alto cloud flay, and we had a
- 8:50Speaker 4: conversation about Cloudford last night. But it validates space and
- 8:54Speaker 4: talks about the portance of it going into the future.
- 8:56Speaker 4: And if you have a company like Microsoft coming in,
- 9:00Speaker 4: I mean we've seen what they've done historically through all
- 9:04Speaker 4: their verticals. This now puts more efforts from not just
- 9:09Speaker 4: the clouds companies of the world, but from all tech
- 9:14Speaker 4: companies because this is information from a casino, but that
- 9:17Speaker 4: could be Apple, or that could be Amazon. And now
- 9:21Speaker 4: you're talking billions of customers, right, and so it's an
- 9:25Speaker 4: interesting thing. But again it's it's really life imitating art. Yes,
- 9:29Speaker 4: it feels like something that happened in the movie. We
- 9:31Speaker 4: don't know the ramifications of it because it's so new.
- 9:34Speaker 4: But you know, if we're not looking at security and
- 9:38Speaker 4: we're looking at Ai like we should as we should
- 9:40Speaker 4: like when we talk about enemy state and we're like,
- 9:42Speaker 4: this is imitating life, we should look at these movies
- 9:44Speaker 4: as well. This can't happen, right.
- 9:49Speaker 5: It's a lot of foreshap and I hope that it
- 9:51Speaker 5: doesn't could happen as the chart could happen to publics
- 9:55Speaker 5: like please be on watch this why?
- 9:57Speaker 2: Like this is really key? Uh, Polo Alto network, I
- 10:02Speaker 2: like a lot.
- 10:03Speaker 5: Do you think it's delusional to say that Microsoft gives
- 10:05Speaker 5: a validation?
- 10:07Speaker 2: No?
- 10:08Speaker 4: Is it delusional? I mean them coming into the space.
- 10:11Speaker 4: Now you have to look at it. If I'm Palo Alto,
- 10:15Speaker 4: how are we going to be better?
- 10:18Speaker 2: Yeah?
- 10:18Speaker 4: Or partner one to the other, because this is a goliath,
- 10:23Speaker 4: not it's not a new company that's coming on the scene.
- 10:26Speaker 4: It's this is a good life in another industry. But
- 10:28Speaker 4: if they come into mind, they're gonna they're gonna take
- 10:31Speaker 4: some market share.
- 10:32Speaker 2: Yeah.
- 10:32Speaker 4: Absolutely, if they take market share for me, and this
- 10:35Speaker 4: is my soul, you know, the source of business that's
- 10:40Speaker 4: gonna affect that's gonna affect me short term and long term.
- 10:43Speaker 2: Yeah.
- 10:43Speaker 5: And and unlike Apple of the last year, Microsoft has
- 10:48Speaker 5: continue to innovate on a B two B side. Like
- 10:50Speaker 5: you don't hear any complaints coming out of Microsoft on
- 10:53Speaker 5: the consumer side or from those who work in the company.
- 10:56Speaker 5: Your things are not being innovative, so they don't. You're
- 11:00Speaker 5: doing an incredible job.
- 11:01Speaker 1: An illegal alien from Guatemala charged with raping a child
- 11:04Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador
- 11:08Speaker 1: accused of murdering a Texas man of Venezuelan charged with
- 11:13Speaker 1: filming and selling child pornography in Michigan. These are just
- 11:17Speaker 1: some of the heinous migrant criminals caught because of President
- 11:20Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States
- 11:24Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border
- 11:29Speaker 1: crossings are at the lowest levels ever recorded, and over
- 11:32Speaker 1: one hundred thousand illegal aliens have been arrested. If you
- 11:36Speaker 1: are here illegally, your next you will be fine nearly
- 11:40Speaker 1: one thousand dollars a day. Imprisoned and deported, you will
- 11:44Speaker 1: never return. But if you register using our CBP home
- 11:47Speaker 1: app and leave now, you could be allowed to return legally.
- 11:51Speaker 1: Do what's right. Leave now. Under President Trump America's laws,
- 11:56Speaker 1: border and families will be protected.
- 11:59Speaker 2: Sponsored by the United States, the Department of Homeland Security,