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The survey, by the American security and staffing company Allied Universal, found companies were losing high-end goods and intellectual property both internally to staff and externally, with North America badly affected. The World Security Report survey, the first time Allied has collated and published the thinking of so many large companies, questioned executives overseeing a combined $660 billion in security budgets in 2022, or 3.3% of their global revenue. That would add to the growing cost that companies around the world have been grappling with, on everything from wages to energy. It listed economic unrest stemming from high inflation and deteriorating living standards, along with climate change and social unrest as issues that can lead to security breaches. Asked about future spending, 42% of respondents said they intended to invest in artificial intelligence (AI) and AI-powered surveillance to spot threats more quickly.
Persons: Henry Nicholls, Steve Jones, Kate Holton, Andrew Heavens Organizations: REUTERS, Allied Universal, North, Allied, Reuters, Thomson Locations: City, London, Britain, North America
Meta fired dozens of workers after accusing them of accessing user's accounts without authorization, the WSJ reports. Those fired allegedly took advantage of 'Oops,' an internal tool meant to allow exclusive access to Facebook accounts. Some of the fired workers denied the accusations on the basis of coercion and lack of awareness. Stone emphasized that Meta employees who choose to access Oops receive warnings that they should be looking out for phishing scams and to not engage with strangers who reach out to access their accounts. The firings were reported at a moment when Meta laid off 11,000 employees across the company to cut costs.
Meta Platforms reportedly fired or disciplined over two dozen employees and contractors who allegedly compromised and took control of user accounts, The Wall Street Journal reported on Thursday. Bribery was involved in some cases, the Journal reported, citing sources and documents. So, some users resorted to seeking outside sources who have contacts within Meta that were willing to unlock accounts for them. According to the report, some of the fired employees were employed as Allied Universal contractors providing security for Meta facilities who were given access to internal employee tools to assist company employees. The tools, the Journal reported, were referred to as "Oops," a shorthand for Online Operations, and were originally intended for internal and special case use.
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