Monthly Archives: <span>July 2024</span>

Boeing Warns Customers of Further 737 Max Delays Amid Crisis

Boeing Co. has notified some 737 Max customers in recent weeks that aircraft due for delivery in 2025 and 2026 face additional delays, another reminder that production of its cash-cow jetliner faces a long road to recovery. The planemaker has …

Hacker Says AT&T Paid About $400,000 to Erase Sensitive Data

A hacker who claims to have stolen sensitive call and text logs from AT&T Inc. said they were paid about $400,000 to erase the data trove. An analysis of a Bitcoin wallet address provided by the hacker shows a transaction …

Report: Impact of BEC Attacks on U.S. Companies Misunderstood

A new report asserts the impact of business email compromise incidents on U.S. companies is likely underestimated and misunderstood—and it shows that multifactor authentication and cybersecurity awareness programs may be the top two risk management controls to prevent BEC attacks. …

Deutsche Bank Settles $545 Million Spanish Mis-Selling Case

Deutsche Bank AG has resolved a €500 million ($545 million) claim from a Spanish hotel chain over losses suffered on foreign-exchange derivatives sold by the lender. Responding to Bloomberg questions about the status of the lawsuit from Palladium Hotel Group, …

Australia to Bring Anti-Scam Law Targeting Internet Giants This Year

Australia plans to introduce a law by the end of the year forcing internet companies to proactively stop hosting scams or face hefty fines, the top consumer regulator said on Friday, potentially setting up another showdown with Big Tech. The …

Insurers See Minimal Impact From Hurricane Beryl, but They’re Bracing for an Active Season

Insurers’ losses from Hurricane Beryl will be “low and readily absorbed” and the storm is not expected to change pricing conditions in the P&C and reinsurance sectors, Moody’s Ratings said. Beryl made landfall along the Texas coast as a category …

Wildfires Encircle Canada’s Oil-Sands City Amid Hot Weather

A ring of wildfires has erupted around Canada’s unofficial oil-sands capital of Fort McMurray, adding new threats to crude production from the world’s third-largest petroleum reserves. Eight out-of-control blazes have been discovered just south and southwest of the city since …

AT&T Says Data From 109M U.S. Customer Accounts Illegally Downloaded

AT&T said Friday the company suffered a massive hacking incident as data from about 109 million customer accounts containing records of calls and texts from 2022 was illegally downloaded in April. The U.S. telecom company said the FBI is investigating …

Healthcare Companies Are Sending Customer Data to Big Tech

California-based health system Kaiser Permanente recently alerted millions of people that their private information was inappropriately shared with tech giants, angering patients who weren’t aware of the practice. A Bloomberg News analysis showed the same kinds of online trackers remain …

Dollar General to Pay $12M Penalty, Improve Safety Under Settlement

Discount store operator Dollar General has agreed to pay $12 million in penalty for alleged safety violations that led to blocked exits and fire extinguishers and unsafe storage, requiring the company to improve workplace safety in stores across the U.S. …