How to Make Money in Vegas — No Gambling Necessary

“What happens in Vegas, stays in Vegas.” Unless, of course, we’re talking about a devastating cyber-attack. Three weeks ago, multiple casinos and hotels along the Vegas Strip, including the upscale Bellagio and Mandalay Bay resorts, were infiltrated. Sin City quickly became “hack city” when the casinos’ parent company, MGM Resorts, became the latest target for […] You're receiving this email as part of your subscription to Michael Robinson’s Trend Trader Daily [Unsubscribe](. [Trend Trader Daily] How to Make Money in Vegas — No Gambling Necessary October 03, 2023 “What happens in Vegas, stays in Vegas.” Unless, of course, we’re talking about a devastating cyber-attack. Three weeks ago, multiple casinos and hotels along the Vegas Strip, including the upscale Bellagio and Mandalay Bay resorts, were infiltrated. Sin City quickly became “hack city” when the casinos’ parent company, MGM Resorts, became the latest target for cyber criminals. Slot machines went offline, ATMs were shut down, and guests couldn’t get into their rooms. But funny enough, we can use this incident to make money. > ADVERTISEMENT < REVEALED: The most dangerous man in America... A powerful man unbeknownst to most Americans is about to change the course of history… It's not Joe Biden, Donald Trump, or any other politician. In fact, this person has never run for or held elected office. Most people wouldn't know him if they bumped into him on the street. But on December 13 at 2 p.m. Eastern time, this man is set to make a statement. A declaration that could send shockwaves through our financial system... and instantly change the trajectory of more than $5 trillion in American money. While most people will be blindsided by this statement... you have a unique opportunity. A chance to prepare for this event...to be on the right side of history...and potentially coming out wealthier than you ever thought possible. [To find out what you need to do to prepare, click here to get the full story](. An Everyday Occurrence It’s hard to fathom how prevalent cyber-attacks have become. But the statistics can help. Last year, according to the FBI, there were more than 800,000 cybercrime complaints. And the damage from these incidents totaled more than $10 billion. Keep in mind, that was just in the U.S. Globally, cybercrime cost the world economy $3 trillion back in 2015. But according to cybersecurity-focused magazine Cybersecurity Ventures, by 2025, the global cost of cybercrime will surpass $10 trillion. To put that figure into perspective, if cybercrime were a country, it would have the world’s third-largest Gross Domestic Product, behind only the U.S. and China. I mentioned the attack on MGM Resorts in Vegas that happened a few weeks ago. Since then, tech giant Sony (SONY) was hacked. And a few months prior to that, a software company called MOVEit was attacked, which impacted more than 200 organizations — including state governments, federal departments, and banks — and exposed the data of more than 17 million Americans. But let’s focus on the attack on MGM... Holding Systems for Ransom This incident was known as a ransomware hack. This is when an attacker gains access to a system and encrypts it, locking the original owners out until they pay a ransom. The frequency of this type of hack is growing at an alarming rate. Data from cryptocurrency-tracing firm Chainanalysis indicates that victims paid ransomware groups nearly $450 million in the first six months of 2023. For reference, victims paid less than $500 million during all of 2022. If this year’s pace of payments continues, the total figure for 2023 could reach close to $900 million. That’d be the second-biggest year for ransomware revenue in history. But why pay, right? Why don’t companies or individuals take the “We don’t negotiate with criminals” stance? Keep in mind that a lot of businesses — large corporations, hospitals, governments — can’t go long without access to their systems. And they usually have deep pockets. That means they can bite the bullet and pay the ransom to reclaim access quickly. But what if you can’t pay? Is all hope lost? Not quite... A Strong Defense Cybercrime may be on the rise, but so is cyber defense. According to Allied Market Research, the global cyber-security market was valued at $197 billion in 2020 and is projected to reach $478 billion by 2030. Notably, a large chunk of this money is being dedicated to a technology I’ve talked about many times: Artificial Intelligence (“AI”). You see, between remote workers, always-online systems, and a flurry of internet-connected devices, hackers have more targets than ever before. Monitoring and protecting these targets is too much for humans. But that’s where AI enters the picture. Unlike humans, AI can constantly scan networks and systems for suspicious behavior. It can also individually assess each user’s actions in real-time. Instead of a one-size-fits-all approach to accesses and rules, AI can enable the custom tailoring of various employees or customers. At the end of the day, it creates a safer, more reliable way to do business. The Next Step This approach to cybersecurity is already spreading. Makes sense — IBM estimates AI can reduce the cost of cyber fraud by up to 90%. But cyber threats are constantly evolving. So defense of these threats must evolve, too. How? The answer lies with generative AI. Generative AI is technology that can produce various types of content, including text, images, and audio. Let me explain why this can be so impactful... Right now, cybersecurity professionals must use advanced dashboards, full of arcane, difficult-to-parse data. This includes things like access requests, blocked connections, and potential red flags. Machine-learning systems can be trained to emphasize some of these data points. But users are still struck trying to more or less interpret raw data. Generative AI can change all that. Imagine being able to ask a cybersecurity tool, “How many hacking attempts were made against us last night?” It’s like having your very own security-focused Alexa. Furthermore, because generative AI can understand human prompts, it can help security systems respond to requests like “Ban this app across the entire network” or “Block all connections for the next 24 hours.” Pioneering the Technology Cybercrime isn’t going away any time soon. So, efforts to thwart such crime undoubtedly make for a solid investment. Generative AI could play a starring role in cyber defense. And one company I’ve identified is pioneering this exciting technology. With notable customers like Verizon, Deloitte, and Credit Suisse, this company is on the rise. In fact, multiple analysts recently revised its earnings estimates for next year. This company’s stock has already climbed 60% this year, but has plenty of room to run. Make sure you become a “Pro” subscriber to get the details.   FOR TREND TRADER PRO READERS ONLY > [LEARN MORE]( < Cheers and Good Investing, [Michael Robinson] Michael Robinson Chief Investment Officer Trend Trader Daily   Copyright © Trend Trader Daily, All rights reserved. You signed up on []( Our mailing address is: Trend Trader Daily 1125 N. Charles Street Baltimore, Maryland 21201 [Update Subscription Preferences]( | [Unsubscribe from this list]( RISK NOTICE: All investing comes with risk. That includes the investments teased in this letter. You should never invest more than you can afford to lose. Please use this research for the purpose that it's intended — as research only. 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