November 30, 2017
Data Breaches Hurt Loyalty – Worldwide
A majority (70%) of consumers would stop doing business with a company if it experienced a data breach, according to a survey of more than 10,000 consumers worldwide conducted by Vanson Bourne. In addition, seven in ten consumers (69%) feel businesses don’t take the security of customer data very seriously. Despite these concerns, consumers are failing to adequately secure themselves, with 56% still using the same password for multiple online accounts. Even when businesses offer robust security solutions, such as two-factor authentication, 41% of consumers admit to not using the technology to secure social media accounts, leaving them vulnerable to data breaches. This may be because 62% of consumers believe the business holding their data is mostly responsible for its security. This is resulting in businesses being forced to take additional steps to protect consumers and enforce robust security measures, as well as educate them on the benefits of adopting these. Retailers (61%), banks (59%) and social media sites (58%) were found to have a lot of work to do, with these being sectors that consumers would leave if they suffered a breach. Despite their behavior, consumers’ security concerns are high, as 67% worry they will be victims of a data breach in the near future. Consequently, consumers now hold businesses accountable – if their data is stolen, 93% of consumers would take or consider taking legal action against the compromised business.
Uber Facing Federal Probe on Allegations of Espionage – United States
Federal prosecutors are investigating allegations that Uber deployed an espionage team to plunder trade secrets from its rivals, triggering a delay in a high-profile trial over whether the beleaguered ride-hailing service stole self-driving car technology from a Google spinoff. The criminal probe being conducted by the U.S. Justice Department centers on information contained in a 37-page letter that Uber’s former manager of global intelligence sent in May to a company lawyer. The investigation hadn’t been publicly known until Tuesday, when it surfaced in a court hearing that was supposed to set the stage for a trial pitting Uber against Waymo, a self-driving car pioneer that started within Google eight years ago. The hearing instead quickly turned into a forum raising more questions about the ethics and conduct of Uber. Over the past year, Uber has been rocked by revelations of rampant sexual harassment inside the company, technological trickery designed to thwart regulators and a yearlong cover-up of a hacking attack that stole the personal information of 57 million passengers and 600,000 drivers.
2-Inch Knives Allowed, Baby Powder Banned on Canadian Flights – Canada
Small knives with blades measuring less than six centimeters or two and a half inches are now allowed through security and onto planes leaving Canada. The new rules allow small knives to be carried but have banned bath salts and baby powder. The changes took effect on Monday and, according to Canadian Transport Minister Marc Garneau, will align Canada with international flight standards. "These changes to screening procedures will bring Canada in line with international standards and our partner countries, while continuing to keep passengers safe. The government of Canada remains vigilant in continuously assessing security risks," Garneau said, citing security of the traveling public as the government's top priority. The new procedures are designed and implemented to enable safe and secure aviation system while making tourist and business travel easier, according to a news release from the transport department. However, knife blades of any length remain on the banned list for flights to the United States.
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