Archive for July 29, 2019

BREAKING: Capital One Pwned… 100 Million People Affected

Posted in Commentary with tags on July 29, 2019 by itnerd

News is breaking on sites like Bloomberg that a hacker has broken into a cloud server under the control of credit card company Capitol One and as many as 100 million people might have had their data illegally accesses.

Here’s where it gets strange. The hacker was caught:

The woman, Paige A. Thompson, was arrested Monday and appeared in federal court in Seattle. The data theft occurred some time between March 12 and July 17, federal prosecutors in Seattle said. The cloud-computing company, on whose servers Capital One rented space, wasn’t identified in court papers.

“I am deeply sorry for what has happened,” said Richard D. Fairbank, Capital One’s chief executive officer, in a statement. “I sincerely apologize for the understandable worry this incident must be causing those affected.”

About 6 million individuals in Canada were also impacted by the breach, Capital One said.

And:

The largest category of data stolen was supplied by consumers and small businesses when they applied for credit cards from 2005 through early 2019, the bank said. It included personal identification data, including names, addresses, phone numbers and dates of birth, and financial data including self-reported income, credit scores and fragments of transaction history.

About 140,000 Social Security numbers were accessed, as well as 80,000 bank account numbers from credit-card customers, the bank said.

I for one would love to know who the cloud computing company is at they have some questions to answer in terms of how this woman got in and got access to this data. Here’s why that matters:

Capital One, which is based in McLean, Virginia, has been one of the most vocal advocates for using cloud services among banks. The lender has said it is migrating an increasing percentage of its applications and data to the cloud and plans to completely exit its data centers by the end of 2020 — a move the company says will help lower costs.

If you are going to outsource stuff to the cloud, your security has to be on point. Otherwise bad things will happen to you and worse things will happen to your customers. Thus along with the cloud computing company, I really want to know what Capitol One is going to do to protect customers data going forward, and what they are going to do to protect the 100 million customers who’s data is now out there.

Back to the woman behind this hack for a second. Usually the hackers get away scott free with this sort of thing. So she was either sloppy or wanted to get caught. I say that either is in play because according to this, she posted details about it on Slack which is either mind blowingly stupid, or a clear indication that she wanted to be caught.

Stay tuned to this case as it will be interesting to watch on multiple fronts.

We’ve Already Used A Year’s Worth Of Natural Resources

Posted in Commentary with tags on July 29, 2019 by itnerd

Today marks Earth Overshoot Day, the day when human demand for food, fiber, timber, and carbon absorption exceeds the amount of biological resources the Earth can renew in one year. This year, Earth Overshoot Day is earlier than ever. This translates to humanity using roughly 1.75x the planet’s resources every year.

For the last 40 years, the planet has become increasingly inefficient, using more resources, creating more emissions, and increasing our carbon footprint. This trend can, however, be reversed – and doing so will be beneficial to businesses in the long run, as discussed in Schneider Electric’s new white paper “The business case for one-planet prosperity.”

One-planet prosperity is a simple compass to assess companies’ strategies against two essential questions: “Do I operate within one-planet constraints?” and “Do my offers help customers move out of ecological overshoot?”, as indicated in the white paper for C-level audiences. Companies whose business models increase human well-being while also increasing resource security are much more likely to be economically successful in the long run.

The white paper discusses the importance for global businesses to strive for one-planet compatibility, that is, pushing back Earth Overshoot Day to December 31st or later, and using one planet’s worth of resources per year, or less.

You can view the white paper in its entirety here, which was developed in partnership with Global Footprint Network, the international sustainability organization that pioneered the Ecological Footprint.

 

Stop & Play Announces Virtual Story Hour

Posted in Commentary with tags on July 29, 2019 by itnerd

Stop & Play, the drop-in creative arts childcare center is opening in South Florida very soon, and they are eager to share the magic of storytelling with the little ones that they hope to meet soon!

As we all know (and feel!) the summer is well underway and with it comes the summer slide. The summer slide is a decline in reading ability and other academic skills that can occur over the summer months when school isn’t in session. Numerous studies show that kids who don’t read during summer vacation slip in reading ability by the time autumn rolls around.

Their English and Spanish story hour takes place at 6 p.m. on Tuesdays and Wednesdays respectively through August 21st. Sign and up and let Stop & Play read to your child(ren) while you prepare dinner — or scroll on Instagram — it’s ok, you deserve a break and that’s what they are here for!

During their virtual story hour, parents and kids will meet some of their Play Facilitators, Ms. Marlo, Mrs. Karen, and Ms. Claudia as they read stories in English and Spanish, followed by an interactive discussion on Zoom!

Only $5 registration for our interactive virtual story hour!

Story Hour Registration: English

Story Hour Registration: Spanish

(You will receive your login information once registered.)