Friday, July 14, 2017 1:00 am
Info leaked for 6 million on Verizon
Verizon confirmed Wednesday that data belonging to 6 million customers was leaked online in June. In a statement on the company's website, Verizon said the leak was caused by an employee of one of the company's vendors who accidentally allowed external access to information put in a cloud storage area.
Data was leaked on an unprotected Amazon S3 storage server. This made the data available to anyone who had the public link to the cloud.
A limited amount of personal information, such as some phone numbers and PINs, were included in the data. No customer information was lost or stolen, because the storage area was accessible only to Verizon; the vendor, Israel-based NICE Systems; and the researcher who flagged the leak, according to the statement.
Although Verizon said that the PINs alone can't help access online accounts, a cybersecurity analyst at SSP Blue said he would still advise customers to change their PINs because they could give people access to other accounts they use.
Tiffany names CEO to revive sales
Tiffany is taking another shot at reviving its luster, naming a long-time Bulgari executive and Diesel CEO as its top executive.
The company had also hired Frederic Cumenal to revitalize the brand, but ran out of patience in February after only two years.
Alessandro Bogliolo, 52, spent 16 years at the luxury jewelry and watch company Bulgari and had most recently been CEO of Italian clothing company Diesel.
Bogliolo is expected to take over the CEO post at Tiffany by Oct. 2. He will also become a board member.
Tiffany & Co., based in New York, has wrestled with weak sales as millennials spend money elsewhere and competition intensifies from online players like Amazon and Blue Nile. The luxury jeweler reported lower-than-expected sales during the most recent holiday season.
Jobless applications continue decline
Fewer Americans applied for jobless aid last week, as the number of people seeking benefits has stayed near historic lows pointing to a robust job market.
Weekly unemployment applications fell by 3,000 to a seasonally adjusted 247,000, the Labor Department said Thursday. The less volatile four-week average rose by 2,250 to 245,750. The number of people collecting unemployment benefits has fallen 8.8 percent over the past 12 months to 1.9 million.
The job market appears solid as the U.S. enters its ninth year of recovery from the Great Recession. Applications are a close indication of layoffs. Employers are holding onto workers with the expectation that business will continue to improve. Jobless claims have come in below 300,000 for 123 weeks in a row. That's the longest such stretch since 1970, when the U.S. population was much smaller.
BBC News ends deal with ABC, picks CBS
Britain's BBC News is ending a long-running agreement to share reporting and resources with ABC News in the United States and instead will match up with CBS.
CBS News President David Rhodes said Thursday the deal with the BBC gives the network access to an organization that is larger and more comprehensive than Sky News, which had been its British partner.
He said it does not mean CBS will be looking to cut back on its own staff.