Tag Archives: Bloomberg Businessweek

How Target Missed Malware Alarms and Blew It.

14 Friday Mar 2014

Posted by in Computer Fraud and Abuse Act, Consumer Law, Credit Repair, Criminal Law, Finance and Banking Law, Identity Theft

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Missed Alarms and 40 Million Stolen Credit Card Numbers: How Target Blew It, by Michael Riley, Ben Elgin, Dune Lawrence, and Carol Matlack, Bloomberg  Businessweek Technology

http://tinyurl.com/njsy4rm

The biggest retail hack in U.S. history wasn’t particularly inventive, nor did it appear destined for success. In the days prior to Thanksgiving 2013, someone installed malware in Target’s (TGT) security and payments system designed to steal every credit card used at the company’s 1,797 U.S. stores. At the critical moment—when the Christmas gifts had been scanned and bagged and the cashier asked for a swipe—the malware would step in, capture the shopper’s credit card number, and store it on a Target server commandeered by the hackers.

It’s a measure of how common these crimes have become, and how conventional the hackers’ approach in this case, that Target was prepared for such an attack. . . .

FDA Documents Reveal Its Inadequate Response to High Risk Antibiotics in Livestock.

27 Monday Jan 2014

Posted by in Freedom of Information Act, Government, Health Law, U.S. Department of Food and Drug Administration

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The FDA Allows Sale of ‘High Risk’ Antibiotics for Livestock, Report Says, by Andrew Martin, Bloomberg Businessweek

 http://tinyurl.com/lsbntp3

There are hyperlinks throughout the article to additional blog posts that shed more light on the world-wide scope of this situation. -CCE

A U.S. Food and Drug Administration review of 30 antibiotics used in livestock found that more than half posed a significant risk of exposing humans to antibiotic-resistant bacteria.

Despite the review, which occurred from 2001 to 2010, the federal agency allowed the drugs—used as additives in animal feed and water—to remain on the market, according to a report released on Monday by the Natural Resources Defense Council, an environmental group that based its findings on internal documents obtained under the Freedom of Information Act.

A CEO Guide To Just About Everything You Want to Know About Tech.

25 Wednesday Dec 2013

Posted by in Clouds, Disaster Preparedness, Intellectual Property, Legal Technology, Marketing

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CEO Tech Guide, Bloomberg BusinessWeek

http://www.businessweek.com/reports/technology/ceo-tech-guide

Creative financing, sustainable business practice, clouds, disaster preparedness, protection of intellectual property, mobile advertising and marketing, and more. – CCE

Apple Workers In Poorest Countries Pay and Go Into Debt To Work on Consumer Electronics Assembly Lines.

22 Sunday Dec 2013

Posted by in Apple, Employment Law, iPad, iPhones, Legal Technology, Mac

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Apple Stickers OH MY!

 

What Obama’s Anti-‘Human Trafficking’ Order Means for Apple, by Cam Simpson and Adam Satariano, Politics & Policy, Bloomberg Businessweek

 

http://tinyurl.com/khcw46p

 

Friday is the deadline for corporate suppliers of the world’s biggest consumer—the U.S. government—to have a say in new regulations aimed at ending indentured servitude overseas. . . .  The President’s dictate is unequivocal on one key point: If a company wants to keep the government as a customer, it must stop hiring overseas workers who had to buy their jobs.

You read that right: Workers actually buy jobs. As Bloomberg Businessweek reported in November, foreign workers recruited from some of Asia’s poorest corners often go deep into debt to pay brokers for a crack at jobs on consumer-electronics assembly lines. These factories are in Malaysia and other countries that rely almost exclusively on migrant labor for production. For years Apple has ordered its suppliers to keep such fees below one-months’ net pay at a factory, but its audits last year turned up $6.4 million in overcharges.