Another Big Cyberattack

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According to the New York Times, hundreds of businesses around the world are grappling with potential cybersecurity vulnerabilities after a software provider to more than 40,000 organizations has been the victim of a “sophisticated cyberattack.” Questions: What types of organizations in Sweden have been hit? What is the name of the software company that has… Read more »

Big Woes for the Cavendish Banana

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While the popularity of the Cavendish banana that you buy at the grocery store is on the rise, there is a disease that is threatening its extinction. Questions: Why might the most popular bananas go extinct? Which country economies depend on the banana? What percentage of bananas exported to supermarkets around the world are of… Read more »

Facebook’s Victory

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According to Reuters, Facebook hits $1 trillion value after the judge rejects antitrust complaints. Questions: Federal and state antitrust complaints sought to have Facebook sell what apps? Where did the judge find flaws in the arguments? What was the bright spot for the FTC in the case? Source: Bartz, D. and E. Culliford. (2021). Facebook… Read more »

Inconsistent Sustainability Assurances

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According to Accounting Today, a new report posits that sustainability reporting standards, as well as assurance services to verify that reporting, vary widely across jurisdictions and individual practitioners and require better standardization. Questions: Which organizations presented the report? According to the report, what percentage of companies report some level of sustainability information, and what percentage… Read more »

Disturbing trend

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According to Benefits Pro.com, life insurers will have to prepare for the possibility that the life span of life insurance policyholders, annuity holders and pension plan participants could fall. Questions: According to the article, the provisional life expectancy at birth in the first half of 2020 was at its lowest level since what year? Is… Read more »

Data Breach at McDonald’s

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According to CNN, McDonald’s is the latest high-profile company to be affected by a data breach, leading to the exposure of private information of customers and employees in South Korea and Taiwan. Questions: What type of data was accessed? What does McDonald’s credit for finding the breach? Did the company experience a data breach in the U.S.? Source:… Read more »

Deep Fakes

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According to the Washington Post, many people are finding that they cannot trust reviews posted about a health-care provider’s site. Questions: What is Fake Review Watch and what have they been doing? When may posting fraudulent reviews be illegal? How many actions have been taken against California doctors over the past four years for fake… Read more »

Recovery of Ransom by Feds

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According to the Washington Post, federal authorities have recovered more than two million dollars in cryptocurrency paid in ransom to foreign hackers whose attack last month led to the shutdown of a major pipeline that provides nearly half the East Coast’s fuel, according to officials. Questions: What is the name of the hacker ring? How… Read more »

For Sale: The Lease to the Trump Hotel in Washington D.C.

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According to the Washington Post, Donald Trump’s company will again try to sell the lease for the D.C. hotel. Questions: What event prevented an attempt to unload the property the first time? According to Trump disclosure forms, how much did the revenue for the hotel drop last year? What has been the average recent occupancy… Read more »

Drilling Leases in Arctic National Wildlife Refuge Suspended

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According to the New York Times, the Biden administration suspended oil drilling leases in the Arctic National Wildlife Refuge, unspooling a signature achievement of the Trump presidency and delivering on a promise by President Biden to protect the fragile Alaskan tundra from fossil fuel extraction. Questions: How much oil is estimated to lie in this… Read more »