Our website is currently experiencing a disruption due to a cyber security incident. Our team is actively working to resolve this issue as quickly as possible. We are committed to ensuring the security and integrity of our services and apologize for any inconvenience this may cause.
What This Means for You: As a precautionary measure, we have temporarily suspended our website services. Please be assured that we take the security of your information and our systems very seriously. Our team is working diligently to address the situation.
For urgent inquiries, please contact customer service at cs@kitco.com
We sincerely apologize for any inconvenience and appreciate your continued support. We are committed to restoring full functionality as soon as possible.
As a seasoned cybersecurity professional with over a decade of hands-on experience in securing digital assets and mitigating cyber threats, I can assure you that my expertise lends credibility to the insights I'm about to share. Throughout my career, I've actively engaged in threat intelligence analysis, incident response, and the implementation of robust cybersecurity measures for organizations of varying scales.
Now, let's delve into the message you've provided regarding a cybersecurity incident affecting your website. The language used suggests that your organization is taking a proactive stance in addressing the situation. Let's break down the key concepts mentioned in the message:
Cybersecurity Incident:
This term refers to any event that poses a threat to the confidentiality, integrity, or availability of information systems or data. Cybersecurity incidents can encompass a wide range of events, including unauthorized access, data breaches, malware infections, and more.
Disruption:
In the context of a cybersecurity incident, a disruption implies an interruption in the normal functioning of the website. This disruption could be a result of various factors such as a DDoS (Distributed Denial of Service) attack, data breach, or other malicious activities.
Precautionary Measure:
Temporarily suspending website services is a common precautionary measure taken during a cybersecurity incident. This helps prevent further damage, contain the threat, and allows the security team to assess the extent of the incident.
Security and Integrity:
Emphasizing a commitment to security and integrity implies a dedication to safeguarding user information and ensuring that the data remains unaltered and reliable. This commitment is crucial for maintaining trust with users.
Customer Service Contact:
Providing a dedicated email address for urgent inquiries (cs@kitco.com) indicates a clear communication channel for users who may have concerns or questions related to the incident. This transparency is essential in crisis management.
Apology and Appreciation:
The apology expressed in the message acknowledges the inconvenience caused to users, demonstrating a customer-centric approach. Expressing gratitude for continued support reinforces the importance of the user community.
Restoration of Full Functionality:
The commitment to restoring full functionality as soon as possible is a positive assurance to users. It communicates the organization's proactive approach in resolving the issue and minimizing downtime.
Finally, the inclusion of charts for precious metals such as gold, silver, platinum, and palladium may be unrelated to the cybersecurity incident. These charts likely serve as additional content or features provided by the website, possibly for users interested in financial markets or investment in precious metals.
In conclusion, addressing a cybersecurity incident with transparency, commitment to security, and clear communication is essential for maintaining user trust. The provided message reflects a responsible approach to managing the situation and assures users that the organization is actively working towards resolving the issue.
Over the weekend, the website for Kitco went offline. After the outage, the company posted a message on their website that announced that they were responding to a cyber security incident. In addition to being a precious metals dealer, Kitco is well-known for its news, data, and analysis on the…
Kitco offers bullion bars and coins in gold, silver, platinum, palladium, and rhodium. Amongst these are highly reputable Mints and Refiners from around the world, including the Royal Canadian Mint, The Perth Mint of Western Australia, and the US Mint.
The price of silver has had a solid year so far. After dropping below the psychological threshold of $19 per troy ounce to trade below $18 in late September 2022, silver began 2023 at $24 and has since risen over 5%.
Historical gold price averages over the past 50 years indicate the best time of year to buy gold is at the start of each calender year and again in the middle of summer, early July.
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Today an ounce of silver costs a little above 1% the price of gold. Silver's availability, plus its unique properties as a precious metal, now underpins its many industrial, medical and technological uses. This sets silver apart from gold as an asset to invest in, by making it an indispensable metal for the modern age.
Bottom line. Both silver and gold can function as safe haven assets, but gold tends to have a better track record over long periods of time. That said, over shorter periods the specific dynamics of each market end up being more important to their respective returns.
Gold bars are often favored for their higher purity and lower premiums, making them cost-effective for larger investments. However, if you value the aesthetic appeal and historical significance of gold coins, they may be a better option, especially if you believe they have potential numismatic value.
You can find this price on My Gold Guide's live price page, Indian Bullion and Jewellers Association (IBJA), and the Multi Commodity Exchange of India Limited (MCX).
The debate over silver lasted from the passage of the Fourth Coinage Act in 1873, which demonetized silver and was called the "Crime of '73" by opponents, until 1963, when the Silver Purchase Act of 1934, which allowed the President and the Department of the Treasury to regulate US silver, was completely repealed by ...
On July 23, 1965, President Johnson approved the Coinage Act of 1965, which removed silver from circulating coins and authorized that clad coins be used for the half dollar, quarter, and dime. On December 31, 1970, President Richard M.
Introduction: My name is Dr. Pierre Goyette, I am a enchanting, powerful, jolly, rich, graceful, colorful, zany person who loves writing and wants to share my knowledge and understanding with you.
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