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Dollar Firms Ahead of What is Expected to Be Strong US Jobs Data

Dollar Firms Ahead of What is Expected to Be Strong US Jobs Data

Finance
Shutterstock photoThe US dollar is firm but is not going anywhere quickly.   The lack of fresh interest rate support and uncertainty over the US tax proposals, which the Brady, the Chair of the House Ways and Means Committee hopes to have a revised version out after the weekend so the committee work can begin on Monday.   The popular press seems to focus on some objections by Democrats, but this misses the point.   The Republicans hope to pass tax reform without relying on Democrats.  It is the same strategy employed for health care reform, and the problem then and the challenge now is within the Republican Party and its constituencies.  A wing of the GOP wants no increase in the deficit, and another wing wants lower taxes.  Immediately upo...
Queen's secrets found in Heathrow data breach

Queen's secrets found in Heathrow data breach

Technology
Heathrow officials are investigating after a USB stick containing confidential data – including the exact route the Queen takes to the airport – was reportedly found in the street.A total of 76 folders were on the stick, including maps, videos and documents, the Sunday Mirror reported.None were encrypted or password protected.The newspaper said it contained details of the security measures in place to protect the Queen and the types of identification needed by those, including undercover police officers, wanting to access restricted areas.The files revealed routes and other safety measures for cabinet ministers and foreign dignitaries, as well as timetables of patrols used to guard against suicide bombers and terror attacks.Maps of the exact locations of CCTV cameras, tunnels and escape sh
Yahoo: All 3bn accounts hit by 2013 data breach

Yahoo: All 3bn accounts hit by 2013 data breach

Technology
Yahoo has confirmed that a 2013 data breach affected all 3 billion of its accounts - three times the number previously reported.The disclosure came from Oath, a subsidiary of US telecomms company Verizon, which acquired Yahoo's online assets in June for $ 4.48bn.The purchase price had been cut after revelations of the 2013 data breach and another in 2014 which affected 500 million accounts and resulted in charges for Russian intelligence operatives and a pair of hackers.Regarding the 2013 breach, Oath and Verizon said the additional user accounts affected were being notified.The hack was disclosed by Yahoo in December last year, when it said that approximately one billion of its three billion users were affected.After Yahoo was acquired by Verizon, however, the company "obtained new intell...
Lawmakers grill former Equifax chairman over data breach

Lawmakers grill former Equifax chairman over data breach

Technology
House Republicans and Democrats on Tuesday grilled Equifax's former chief executive over the massive data hack of the personal information of 145 million Americans, calling the company's response inadequate as consumers struggle to deal with the breach. Former Equifax CEO Richard Smith apologized for the compromise of such information as names, addresses, birth dates and Social Security numbers. Smith was the lone witness at the first of several Capitol Hill hearings this week. No current Equifax official testified. "The criminal hack happened on my watch, and as CEO, I am ultimately responsible, and I take full responsibility," Smith said. "I am here today to say to each and every person affected by this breach, I am truly and deeply sorry for what happened." Democrats favor legislation ...
Yahoo 2013 data breach hit 'all three billion accounts'

Yahoo 2013 data breach hit 'all three billion accounts'

Business
Yahoo has said that all of its three billion user accounts were affected in a hacking attack dating back to 2013.The company, which was taken over by Verizon earlier this year, said an investigation had shown the breach went much further than originally thought.The stolen data did not include passwords in clear text, payment card or bank account data, it added. Previously the internet giant had said "more than one billion" of its accounts had been hit.Yahoo said that while its latest announcement did not represent a new "security issue" it was sending emails to all the "additional affected user accounts". The company added that it was "continuing to work closely with law enforcement". Yahoo's takeover by the huge US telecoms firm Verizon was completed on 13 June. The deal was first announ...