Aug 14, 2018
Do you use Facebook? Do you want them to have your bank account information? Listen in as Jim and I talk about what Mark Zuckerberg has in mind for Facebook and you.
Computers watching you? Yes, but good news if you listen in Jim and I will discuss an article that you can use to guide you through the process of protecting your security.
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Related Articles:
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Transcript:
Below is a rush transcript of this segment, it might contain errors.
Airing date: 08/014/2018
Zuckerberg Wants Your Bank Account Information. Keeping Your Computers Safe From Spying.
Craig Peterson: [00:00:00] Hi, Everybody Craig Peterson here. Today, I spoke with Jim Polito, and we talked about a couple of different things. One that we talked about was how to tell if someone else is spying on you, via your computer. A Really, great article referred to in there and went into some detail about Mark Zuckerberg what he's trying to do in the financial arena. Did you know he's trying to get access to your bank account? Yeah. He's, you know, he's been in trouble. Stock down 20 percent. You saw that right. A couple a few weeks ago. Well, this is his answer to getting more eyeballs on his site, for a longer period every day. So, here we go.
[00:00:46] He is the man you need at your side to protect you in cyberspace. I am talking about our tech guru Craig Peterson. Good morning, sir.
[00:00:59] Hey. good morning Jim. Quite the morning.
[00:01:01] Yeah, it is. A lot of news, lots of stuff going on, but hey, I always turn to you. In times of uncertainty. So, Facebook. wants to look at my bank account. Whoa Whoa well good luck. Good luck there.
[00:01:21] No no no they can't.
[00:01:25] They can look into my but they look into my bank vault. Hello. Hello. Anybody, anybody. Yeah. No, Facebook wants to see our bank accounts. What is this?
[00:01:38] Well, Jim they can handle negative numbers, so. You know they might be a problem, I don't know.
[00:01:49] You know. I don't know I'm sure you follow this a little bit but, Facebook about two weeks ago had a massive dive. Their stock sank more than 20 percent. And the reason for that was fewer people are using it and, in fact, Facebook CFO came out and said that they're expecting revenue growth rates to continue to decelerate in the second half. So, they're saying hey listen our growth is going to decelerate, the hard numbers are showing their users are leaving, and there's a lot of people that attribute that to the fact that Facebook was spying on people, Right. And, that's a that's a bit of a problem. So, Facebook is presented right now with some really interesting dilemmas. How do they get people to stay on their site? Now, I want you just think back a little bit. Think back five years, maybe ten years to your use of the computer. What was on your home page? I mean when you first run your web browser.
[00:02:50] What site came up? Google.
[00:02:53] Yeah, it would be Google or AltaVista. I'll tell you not yet. Yep yeah yeah. And there were some others out there Yahoo, of course, is kind of a portal, and some people had America Online et cetera.
[00:03:10] Today, what do people have? Well, when opening the browser I don't know what do you have? What does Danny have?
[00:03:17] Well, I still have Google here, because I'm going to start searching. I'm going to start doing things. But, other people here who use this same computer if they're login is still here on this computer, in the studio. Guess what some of them it's Twitter. Some of them it's Facebook. They go right there. I mean they don't they don't mess around, they're right there, that's their landing page.
[00:03:42] And, that's where the value is. Because now you are going to that Facebook page or that Google page, etc.. That's what they want to control. Many people have YouTube now, as their home page, in fact, that trend right now.
[00:03:59] Does Danny saying he does. Yeah, he as YouTube as his homepage.
[00:04:05] Exactly. The trends are showing that number one is that Google out there online the number two search engine is YouTube which is owned by Google. And, then, of course, you have facebook etc.. So, right now the top sites are Google and Facebook depending how you want to look at it, Right. But, YouTube is about to pass Facebook. If these trends continue. Wow
[00:04:30] Mark Zuckerberg, Yeah, they've got a real problem. Ohh Zucky.
[00:04:38] One of the things Mark is Looking at that is he wants to be involved not just as your home page as to how you start your Internet experience but, he wants to be on the financial side too. So, he's been playing with block technologies. Think of bitcoin, for instance, he wants Facebook to be a currency, as well, that you use online.
[00:05:02] And a step towards that. Now, he has come out and Facebook is saying, hey listen we want to have your bank information. We actually kind of want to be your bank right.
[00:05:16] Isn't it enough that Jeff Bezos has my bank information. It's true. Is Zuckerberg going to have it too? What does Elon Musk want it now, after him?
[00:05:27] Well, he's been approaching Amazon, Google and J.P. Morgan Chase, Bank of America, and others and he's saying hey listen we want to move the financial services from the ATMs to Facebook. And, of course, Facebook could make more money in the process. People would spend more time there. They could send the money through Facebook, they could pay their bills. The bills would come right into Facebook, so, Facebook would become essentially the clearinghouse even more than an ATM. Now everybody is still kind of talking with Facebook. The banks are not sure if they want to do this. Bank of America has said forget about it. It's not going to happen. But, that's the next step for Facebook, if Zuckerberg gets his way.
[00:06:15] Wow. Makes sense. Taking over the world. We're talking with Craig Peterson, our tech guru, and at the end of this segment we're going to give you a phone number and if you text my name Craig we'll get you this information with a lot more detail and a lot of other information and he will not annoy you. He will not try to sell you things. It's all just good information helping you too, to not be so alone in the in the outer space that is cyberspace. All right I want to get quickly to the computer.
[00:06:45] I'm looking at it, but it's looking back at me. Whose in control of that.
[00:06:53] And, yes we do we know about the L.A. County, the L.A. Unified School District, and how they were spying on girls getting dressed in their bedrooms because they had their laptops open. We know that can happen, and in that case, they have specifically installed, kind of like spyware on your on their computers. Now, there are ways to stop this. I've got a great article up on my site. And, I've been thinking maybe it's time to do another webinar, where we walk people through how to do this themselves. I've got a great article on my site from popular science where they go through and talk about it. It's no longer good enough to have an antivirus, right. McAfee himself, John McAfee the founder of McAfee, which of course makes hantavirus products said, McAfee, is the worst thing for viruses we have. We have Nortons Symantec, saying essentially the same thing. Right. You can't just have one anymore. It has to be layered. It has to be like an onion or maybe an ogre if you're familiar with Mike Myers movie, and you have to have all these layers. So this goes through it, you know, including things like AVG free maybe Windows Defender or malware bytes, Avast. There's a lot of them out there, spy search and destroy. It is no longer enough, to just sit there with an anti-virus product. We have we have another business client we just picked up, Jim. And it was just absolutely insane and this client called us after they had already lost 180 thousand dollars to a business.
[00:08:42] E-mails compromise OK.
[00:08:45] And, I would love it if we could stop it right. Great to come in after the fact and clean up, I can charge more. Right. Right. You know do it right the first time. Some of the software I'm talking about costs here's a few bucks. OK. It has this is popular science that has links to buy these things. But you know for an average business, to have everything you need including all of your software updates all the stuff that makes sense. You know, it's going to cost you north of 100 maybe 150 dollars a month per computer to do it right. And if you don't do it right, I can tell you a horror story after horror story. It's not enough to have anti-virus, anymore. And that's true for home users, so if your home user. Have a look at this article from my site. If you're a business user. Have a look at this article from my site. And remember this is not good enough. You've got more money at risk and more liability because in the Commonwealth you could really get in deep trouble with fines, and in some cases, even jail time. If any personally identifiable information gets out. gets out.
[00:09:57] It's a big deal. That is a big deal and it's great that we have you on our side folks, Craig Peterson will provide you with this information. And again he's not going to try and sell anything to you. And, if there's ever a big crisis like a hack or breach. He gets notice out to people and tells them what to do. So, if you text my name, to this number
[00:10:19] 8 5 5 3 8 5 55 53 that's 8 5 5 3 8 5 fifty five fifty three. He will send you this information in more. Standard data and text rates apply.
[00:10:33] Fantastic. Craig, always a pleasure to have your expertise.
[00:10:38] Hey thanks, Jim. Take care.
[00:10:39] You too. Bye-bye. When we return a final word Thursday's.
[00:10:44] Now for those that are interested if you want to reach out to me. Find out more about how to secure your business or maybe you want me to do another one of those free webinars, kind of walking through it. Let me know. Just text me again that same number 8 5 5 3 8 5 55 53. That really is my number. This is one of those services. And let me know. Thanks. Take care. Have a great day. We'll be back tomorrow bye-bye.
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