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☆ Biden replaces Obama-era infrastructure protections to defend against Chinese cyberthreats
▼ + stars: | 2024-04-30 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +4 min

Biden's new policy is largely a rewrite of the Obama administration's rule to safeguard U.S. critical infrastructure called the Presidential Policy Directive, or PPD-21, which was published in 2013. The effort to redraft that Obama-era infrastructure policy began over a year ago, in part to modernize it and keep up with hackers who have benefited from over a decade of technological advancement. The Biden administration has warned China not to help Russia in its invasion of Ukraine, or else the U.S. would be ready to act with sanctions. "We're aware now of the serious Chinese threat to our critical infrastructure, specifically prepositioning to disrupt or destroy critical infrastructure in the event of a major crisis," a senior administration official said. "The presidential policy directive that was created in 2013 didn't mention anything about CISA's role because we weren't created yet," a senior administration official said.

Persons: Joe Biden, Obama, cyberattacks, Christopher Wray, congressmembers, Wray, Biden's, Biden Organizations: White, Washington , D.C, Directive, FBI, Taiwan, of Homeland Security, Infrastructure Security Agency Locations: Washington ,, China, Russia, Ukraine, U.S, Taiwan

☆ How CEOs are preparing for possible employee protests
▼ + stars: | 2024-04-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

You can always choose to move on, but remember you don’t have a right to work at most companies. We can’t keep re-litigating when we also have a business to runYou speak with CEOs every day. Most of the CEOs I’ve talked to said they haven’t seen their employees protest, but they’re bracing for it. But I will say that I don’t think it will become that widespread because of how swiftly and unapologetically Google addressed it. I don’t think it will become a thing.

Persons: Sundar Pichai, Bell, Johnny C, Taylor Jr, that’s, we’re, We’re, we’ve, I’m, You’d, They’re, I’ve, Royce, Peter Valdes, “ We’re, ”, Martin Fritsches, “ That’s, Brian Fung, Sean Lyngaas, Satya Nadella, Sam Altman, Northrop Grumman, Alejandro Mayorkas Organizations: CNN Business, Bell, New York CNN, Google, Tech, Society for Human Resource Management, Companies, Royce, BMW, OpenAI, Microsoft, Department of Homeland Security, Delta Air Lines, DHS, “, Amazon Web Services, IBM, Cisco, ’, Civil Locations: New York, Israel, Chichester , England

☆ Opinion: Small-town water systems are global cyber targets. Is your city next?
▼ + stars: | 2024-04-28 | by ( Opinion Robert M. Lee | ) edition.cnn.com time to read: +8 min

The town of Abernathy also reported a water system hack, and the towns of Lockney and Hale Center said hackers tried to breach their water infrastructure but did not succeed. Unlike how David was ready to take on Goliath, our most vulnerable critical infrastructure systems – including water infrastructure – are ill-prepared. The water attacks we’ve seen so far have not had serious consequences for the people they serve. According to the EPA, 90% of the nation’s community water systems are small, public systems bringing water to 10,000 or fewer customers. If we really want to help water utilities defend against cyber threats, we have to close the resource gap.

Persons: Robert M, Lee Dragos, David, we’ve, –, Iran –, Homeland Security’s Organizations: CNN, Cyber Army, Hale Center, Islamic Revolutionary Guard Corps, FBI, Rehabilitation, Government, Department, Homeland, Infrastructure Security Agency, National Security Agency, Environmental Protection Agency, Department of Homeland, Local Locations: Russia, Texas, Muleshoe, Abernathy, Lockney, Aliquippa , Pennsylvania, United States, China, North Korea, Iran, Department of Homeland Security’s State

One of the architects of that plan for a Trump second term said as much in a video last year for the Heritage Foundation. Reissuing Schedule F is part of a roadmap, known as Project 2025, drafted for a second Trump term by scores of conservative groups and published by the Heritage Foundation. The new rules would not fully block reclassifying workers in a second Trump term. Greene said she worries for federal workers who might face the same choice in a second Trump term. The project includes a personnel database for potential hires in a second Trump administration.

Persons: Donald Trump, it’s, —, Trump, Joe Biden, Donald Moynihan, Georgetown University's, ” Donald Moynihan, ” Moynihan, “ It’s, ”, Russell Vought, “, you’re, Doreen Greenwald, Moynihan, Kenneth Baer, Barack Obama, ” Kenneth Baer, Peter Orszag, Pete Souza, Robert Shea, Eva Shea, George W, Bush, Laura Bush, Tina Hager, ” Biden, Baer, George Frey, ” Trump, Max Stier, Verna Daniels, ” Daniels, Catherine Greene, ” Greene, Tom Bewick, NIFA, ” Bewick, we’ll, Greene, Biden, “ We’ve, He’s, Hillary Clinton, he’d, James Comey, Bill Barr, Barr, Jeffrey Clark, Clark, Mark Meadows, Stephen Miller, Peter Navarro, he’ll Organizations: CNN, United, Republican, Democratic, Trump, ”, Georgetown, Georgetown University's McCourt School, Public, Georgetown University, Heritage Foundation, Management, Budget, of Justice, FBI, Environmental Protection Agency, Vought, National Treasury Employees Union, OMB, White, Personnel Management, Land Management, Department of Agriculture, Kansas City, Partnership for Public Service, Government, Office, GAO, Economic Research Service, National Institute of Food, Agriculture, USDA, National Institute for Food, NIFA, Applied Economics Association, BLM, Getty, Department of Justice, Justice Department, Univision, Justice, Department, U.S . Justice, Center, Washington Post, National Security and Intelligence, of Homeland Security, of Education and Commerce, Federal Communications Commission, Federal Trade Commission Locations: United States, Washington, Georgetown, , Colorado, DC, Kansas, Colorado, Virginia, America, Grand Junction, Washington ,, New York City, New York, Georgia

☆ CEOs of OpenAI, Google and Microsoft to join other tech leaders on federal AI safety panel
▼ + stars: | 2024-04-26 | by ( Brian Fung | ) edition.cnn.com time to read: +2 min

Washington CNN —The US government has asked leading artificial intelligence companies for advice on how to use the technology they are creating to defend airlines, utilities and other critical infrastructure, particularly from AI-powered attacks. The Department of Homeland Security said Friday that the panel it’s creating will include CEOs from some of the world’s largest companies and industries. The list includes Google chief executive Sundar Pichai, Microsoft chief executive Satya Nadella and OpenAI chief executive Sam Altman, but also the head of defense contractors such as Northrop Grumman and air carrier Delta Air Lines. It also includes federal, state and local government officials, as well as leading academics in AI such as Fei-Fei Li, co-director of Stanford University’s Human-centered Artificial Intelligence Institute. The US government already uses machine learning or artificial intelligence for more than 200 distinct purposes, such as monitoring volcano activity, tracking wildfires and identifying wildlife from satellite imagery.

Persons: Sundar Pichai, Satya Nadella, Sam Altman, Northrop Grumman, ”, Alejandro Mayorkas, Fei Li, Joe Biden Organizations: Washington CNN, Department of Homeland Security, Google, Microsoft, Delta Air Lines, DHS, “, Amazon Web Services, IBM, Cisco, ’, Civil, Stanford, Intelligence, Safety, Security

☆ REAL ID requirements are coming next year—here's what U.S. fliers need to know
▼ + stars: | 2024-04-23 | by ( Nicolas Vega | ) www.cnbc.com time to read: +1 min

Domestic fliers have one year left to get REAL ID-compliant documentation before the Department of Homeland Security's new policies go into effect. The REAL ID Act was introduced in 2005 in an effort to tighten the nation's air travel security in the wake of the September 11 attacks. The deadline for REAL ID compliance has been repeatedly delayed since its original 2008 deadline. Once the REAL ID requirement goes into effect, travelers will no longer be able to board domestic flights with an ordinary license. Travelers who go to the airport after May 7, 2025 without a REAL ID-compliant license will not be able to get past security, the DHS website says.

Organizations: Department of Homeland, DHS, Travelers

☆ Russia-linked hacking group claims to have targeted Indiana water plant
▼ + stars: | 2024-04-22 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

CNN —Hackers targeted a wastewater treatment plant in Indiana on Friday evening, prompting plant managers to send maintenance personnel to investigate the suspicious activity, a local official told CNN. A Russia-linked hacking group claimed responsibility. The same group claimed credit for a string of hacking incidents against water facilities in Texas earlier this year. On Saturday, Russian-speaking hackers posted a video to social media claiming credit for a cyberattack on a TMU wastewater treatment plant. It’s the latest apparent effort by a group of Russian-speaking hackers to target water facilities in small American towns.

Persons: “, Jim Ankrum, “ TMU, ” Ankrum, Ankrum, Department of Homeland Security’s, Jake Sullivan, Mandiant, Ron Fabela, ” Fabela Organizations: CNN, Tipton Municipal Utilities, Tipton, Department of Homeland, Infrastructure Security Agency, US, Telegram, Infinity Squared Locations: Indiana, Russia, Texas, Tipton Municipal, Indianapolis, Muleshoe , Texas, United States, Tipton

☆ Senate dismisses two articles of impeachment against Homeland Security secretary, ends trial
▼ + stars: | 2024-04-17 | by ( ) www.cnbc.com time to read: +8 min

Homeland Security Secretary Alejandro Mayorkas testifies before the House Homeland Security Committee about the Biden Administration's FY2025 budget request in the Cannon House Office Building on Capitol Hill on April 16, 2024 in Washington, DC. Senators voted to dismiss both articles of impeachment and end the trial, with Democrats arguing that the articles were unconstitutional. Still, Republicans similarly moved to dismiss former President Donald Trump's second impeachment trial in 2021, weeks after the Jan. 6, 2021, attack on the Capitol. Johnson had said he would send them to the Senate last week, but he punted again after Senate Republicans said they wanted more time to prepare. The impeachment trial is the third in five years.

Persons: Alejandro Mayorkas, Joe Biden, impeaching Mayorkas, Mike Johnson, Mayorkas, Schumer, Chuck Schumer, William McFarland, Kevin F, Mark Green, Marjorie Taylor Greene, Michael McCaul, Clay Higgins, Ben Cline, Andy Biggs, Michael Guest, Laurel Lee, Harriet Hageman, Andrew Garbarino, Pfluger, Democratic Sen, Patty Murray, Murray, Missouri Sen, Eric Schmitt, Mitch McConnell, McConnell, Donald Trump's, McConnell —, Trump, Johnson, he's, I'm, Joe Biden's, Donald Trump Organizations: Homeland, House Homeland Security, Biden, Cannon, Republicans, House Republicans, Democrats, —, Republican, of Homeland, Democratic, National Archives, Capitol, Senate, Democrat, Tennessee Rep, Congress Locations: Washington , DC, Mexico, U.S, WASHINGTON, Texas, Washington, Missouri, Ky, New York, New York City, Ukraine, Mayorkas

☆ Senate Democrats unceremoniously kill Mayorkas impeachment trial
▼ + stars: | 2024-04-17 | by ( Brent D. Griffiths | Bryan Metzger | ) www.businessinsider.com time to read: +5 min

On Wednesday, Senate Democrats voted to declare as unconstitutional both articles of impeachment against Department of Homeland Security Secretary Alejandro Mayorkas — effectively ending the trial. It put a swift end to what had been a monthslong process by House Republicans, championed originally by Rep. Marjorie Taylor Greene of Georgia. Democrats agreed with Schumer's move, effectively rendering the articles moot and the trial over before House Republicans could present their case. Senate Republicans were also unsuccessful in their effort to pressure vulnerable Democrats to back their push for a longer trial. Greene forced her colleagues to vote on moving forward with Mayorkas' impeachment last November.

Persons: —, Alejandro Mayorkas —, Marjorie Taylor Greene, Sen, Lisa Murkowski, Mitt Romney, he's, Chuck Schumer, Schumer's, Schumer, Eric Schmitt, Ted Cruz, Mitch McConnell, Jon Tester, Montana, Mayorkas, Mike Gallagher, Wisconsin —, Joe Biden's, Donald Trump, Greene, Mark Green of Organizations: Service, of Homeland, House Republicans, Business, Senators, Missouri Republican, Republicans, Texas Republican, Senate, GOP, White House, Homeland, Democrats, House Homeland Security, Homeland Security Locations: Marjorie Taylor Greene of Georgia, Alaska, Utah, Missouri, Texas, Wisconsin, Southern, Mark Green of Tennessee

☆ Dept. of Homeland Security embraces AI and other federal agencies are likely to follow
▼ + stars: | 2024-04-17 | by ( Bob Violino | ) www.cnbc.com time to read: +3 min

Homeland Security Secretary Alejandro Mayorkas speaks during the third annual Axios What's Next Summit at the Planet Word Museum on March 19, 2024 in Washington, DC. When the White House issued an executive order last October to promote safe and responsible development and use of artificial intelligence in the federal government, one of the first agencies to say it was on board the AI train was the Department of Homeland Security. In one pilot, Homeland Security Investigations (HSI) will test AI to help in investigative processes focused on detecting fentanyl and combatting child exploitation. The unprecedented speed and potential of AI's development and adoption presents both opportunities and risks, according to Alejandro Mayorkas, Secretary of Homeland Security. What DHS learns from the pilot projects will be beneficial in shaping how it can effectively and responsibly use AI across homeland security moving forward, he said.

Persons: Alejandro Mayorkas, Biden, Mayorkas, — Organizations: Word, White House, Department of Homeland Security, Homeland Security Investigations, Federal Emergency Management Agency, FEMA, United, United States Citizenship, Immigration Services, Homeland Security, DHS, Mayorkas, Republican Locations: Washington ,, United States

☆ House Democrats keep options open as effort to oust Johnson grows
▼ + stars: | 2024-04-16 | by ( Lauren Fox | Kristin Wilson | ) edition.cnn.com time to read: +9 min

He’d let Putin take all of Europe,” Florida Rep. Jared Moskowitz said on CNN after Massie announced Tuesday he’d join Greene in her effort to oust Johnson. “Let’s just hope that that does not happen, and that we can do our responsibilities, protect and defend our own democracy as we protect theirs,” former House Speaker Nancy Pelosi said. “If Speaker Johnson wants to talk to Hakeem Jeffries, I think we’d be open to something like that. If only a handful of Republicans vote to oust Johnson, only a handful of Democrats would be needed to step in and help him keep his job. And that is where Democrats would have to decide if they’d help Johnson.

Persons: Mike Johnson, institutionalists, Johnson, Hakeem Jeffries, Kevin McCarthy, Israel, Marjorie Taylor Greene, Thomas Massie, He’d, Putin, Jared Moskowitz, Massie, he’d, Greene, Tom Suozzi, Johnson –, “ Let’s, Nancy Pelosi, “, Johnson’s, Sara Jacobs, ”, Jeffries, hypotheticals, McCarthy, Matt Gaetz, –, Chuck Schumer, ’ –, Alejandro Mayorkas –, wouldn’t, Ann Kuster, Mike Gallagher, they’d, ‘, ’ Jeffries, Gerry Connolly, “ It’s, Rosa DeLauro, We’ve, can’t, “ We’ve, Jamie Raskin, Jim Himes, “ Gerry, ” Himes Organizations: CNN — House, Democratic, Union, ”, CNN, New York Democratic, Republicans, California Democratic, Florida Rep, White, Foreign Intelligence, of Homeland, GOP, ” New Hampshire Democratic, Republican Rep, Louisiana Republican, Republican, Maryland Democratic, House Intelligence Locations: Israel, Europe, ” Florida, California, Ukraine, Louisiana, Haiti, Sudan, Gaza, “, Connecticut

Where the border wall stops, smugglers see opportunity. Evelio Contreras/CNNBut now there are patrols from the Mexican Army and National Guard along with immigration officers, looking to stop the migrants from reaching the US. Tents at the border wall become temporary homes for those sent to patrol then land around Ejido Jacumé. These people were stopped before they reached the Mexico-US border, officials said. CNN witnessed the detention of mostly men, with some women and children, from Brazil and Guatemala this week, near one of the border wall gaps close to Ejido Jacumé.

Persons: Ejido, Evelio Contreras, David Pérez Tejada, ”, –, he’d, ” Pérez Tejada, Spikes, Pérez Tejada, “, Joe Biden, Andres Manuel Lopez Obrador, John Kirby, Antony Blinken, Liz Sherwood, Randall, Alejandro Majorkas Organizations: Mexico CNN, Border Patrol, CNN, Mexican Army, National Guard, Mexico’s Migration National Institute, Local, Customs, Border Protection, Spikes, ”, National Security, House Homeland, Homeland, Grupo Beta Locations: Baja California, Mexico, United States, San Diego, Ejido, Tijuana, California, Brazil, Guatemala, Mexican, Washington, Mexico City

☆ Hackers from China and Russia are finding cracks in Microsoft's security
▼ + stars: | 2024-04-12 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewChina and Russia keep finding ways to get past Microsoft's security systems. Advertisement"Midnight Blizzard's successful compromise of Microsoft corporate email accounts and the exfiltration of correspondence between agencies and Microsoft presents a grave and unacceptable risk to agencies," CISA wrote in its emergency directive. AdvertisementLast week, the US Department of Homeland Security released a report from the Cyber Safety Review Board (CSRB) detailing a "cascade" of "avoidable errors" in the company's security systems. A Microsoft spokesperson told BI of the latest Russian attack: "As we discover secrets in our exfiltrated email, we are working with our customers to help them investigate and mitigate.

Persons: —, CISA, Jen Organizations: Service, Infrastructure Security Agency, Microsoft, Business, Blizzard, Midnight Blizzard, US Department of Homeland Security Locations: China, Russia, Russian, U.S

☆ Congress cut funds cities need to handle the migrant surge
▼ + stars: | 2024-04-11 | by ( Tami Luhby | ) edition.cnn.com time to read: +7 min

Congress last month approved the fiscal year 2024 funding level for FEMA’s Shelter and Services Program in the federal funding package, nearly six months into the fiscal year. Rep. Joaquin Castro, a Democrat who represents San Antonio, said that immigration is a federal responsibility. “Funding from the Shelter and Services Program (SSP) has helped Catholic Charities and other groups in my city of San Antonio offer basic migrant services without straining local resources. “Due to the substantial demand that exceeds the limited SSP program funding authorized by Congress, not all requests can be fulfilled,” a DHS spokesperson told CNN. The Migrant Resource Center opened in July 2022 as a temporary place for migrants traveling through San Antonio.

Persons: of San Antonio doesn’t, Biden, Joaquin Castro, ”, of San Antonio, Antonio Fernandez, Fernandez, Greg Abbott, Mark Ritacco, John Giles, Giles, Ron Nirenberg, he’s, Joe Biden, Carlos Kosienski, Priscilla Alvarez Organizations: CNN, of San, Resource Center, Federal Emergency Management Agency, Democrat, “, Shelter, Services, Catholic Charities, Catholic, San, FEMA, GOP Texas Gov, Democratic, Republicans, Department of Homeland Security, Congress, National Association of Counties, US Customs, Protection, US, Mayors, Migrant Resource Center Locations: San Antonio, Washington, DC, Cities, Mexico, Atlanta ; Chicago ; New York City, Albuquerque , New Mexico, Laredo , Texas, Riverside County , California, Pima County , Arizona, Mesa , Arizona, Texas

☆ Senator says Coast Guard used illegal agreements to silence sexual assault victims
▼ + stars: | 2024-04-08 | by ( Melanie Hicken | Blake Ellis | ) edition.cnn.com time to read: +4 min

CNN —US Coast Guard leaders illegally used nondisclosure agreements to prevent sexual assault victims from speaking out about their alleged attacks, according to a congressional inquiry sparked by a CNN report into sexual misconduct at the prestigious Coast Guard Academy. CNN reported last year that Coast Guard leaders had guarded the secrecy of the internal investigation to the point that officials with access to case materials had to sign non-disclosure agreements. “Requiring victims to agree not to discuss what happened to them is particularly reprehensible,” Sen. Ted Cruz wrote in a letter to the Coast Guard Sunday. Cruz’s letter is just the latest fall-out for the Coast Guard since the Fouled Anchor controversy broke last June. “This is a disservice to the survivors of rape and other sexual assaults at the Academy, whom the Coast Guard has already failed once,” he wrote.

Persons: Republican Sen, Ted Cruz, Adm, Linda Fagan, ” Cruz, Fagan, Cruz, ” Sen, Nathan Howard, Chris Murphy, ” Organizations: CNN, US Coast Guard, Coast Guard Academy, Academy from Congress, Republican, Coast Guard, Senate, Getty, Department of Homeland, Department of Homeland Security, Operation, GAO, Academy Locations: Connecticut

☆ Will the total solar eclipse disrupt your cell service?
▼ + stars: | 2024-04-06 | by ( John Towfighi | ) edition.cnn.com time to read: +8 min

CNN —As darkness envelops millions of people during Monday’s total solar eclipse, spectators will hold their cellphones skyward to capture the moment. A family looks through a pair of giant solar eclipse glasses at Veterans Memorial Park in Dripping Springs, Texas, on April 4, 2024. When the last total solar eclipse cut a path across America in 2017, AT&T reported network usage spikes up to 15% around certain cell towers in the path of totality. People view the solar eclipse at 'Top of the Rock' observatory at Rockefeller Center, August 21, 2017 in New York City. “A total eclipse of the sun is unlike any other experience that a human being can have.

Persons: Adam Davis, Shutterstock, ”, Caty Pilachowski, ” Pilachowski, Drew Angerer, Chris Serico, Serico, ” Serico, it’s, ” Verizon’s Serico, Heather Groll, ” Groll, Michelle Eng, Pichnaieu Chung, Anthony Behar, Lisa Winter, Winter, Rick Dietz, Aaron Sadler, Pilachowski, “ Organizations: CNN, Veterans Memorial, Indiana University , Bloomington, Bloomington, Rockefeller Center, Verizon, 5G, New York State Division of Homeland Security, Emergency Services, “, New, MTA, Hall, AP, NASA, Technology Services Department Locations: Texas, Maine, Springs, Texas , Oklahoma , Arkansas , Missouri , Tennessee , Illinois , Kentucky , Indiana , Ohio, Michigan, Pennsylvania, New York , Vermont , New Hampshire , Maine, Mexico, Canada, America, New York City, Niagara, Erie, New York, Northeast Ohio, Dallas, United States, Buffalo , NY, Rochester , NY, Hall , New York, NY, Rock , Arkansas, Little

☆ ‘They hit the jackpot’: How so-called ‘burglary tourists’ use visa waivers to target luxury US homes
▼ + stars: | 2024-04-05 | by ( Josh Campbell | Jason Kravarik | ) edition.cnn.com time to read: +7 min

“She bought some beautiful antique jewelry, museum-quality jewelry.”Orange County, California, prosecutors allege a group of thieves hid in the hillside adjoining the Starr’s home, watched them leave with visiting relatives, and made their move. “They came over our fence, they broke through a window in the upper bedroom and came through that window,” Jeff Starr told CNN. When the suspects arrive – most often from South America, prosecutors say – they join sophisticated burglary rings that prey on luxury homes. They have WiFi jammers to stop the alarm company from being notified.”Some of the burglary suspects have used ghillie suits, like the one seen here, to camouflage their movements. Ventura County, California, alone attributed 175 residential burglaries to “transnational theft groups” between 2019 and mid-2023.

Persons: Orange County , California CNN — Carol, Jeff Starr, ” Carol Starr, “, ”, Carol Starr, –, Todd Spitzer, Spitzer, Jeff Walther, “ I’m, ” Walther, South America Rama, Balakrishna Sundar, ” Rama Sundar, …, Jae C, “ They’re Organizations: Orange County , California CNN, CNN, ” Prosecutors, Department of Homeland, ” Scottsdale Police, Department, Homeland, DHS, US State Department Locations: Orange County , California, Southern California, Carol’s, United States, South America, Orange County, Chile, California, Scottsdale , Arizona, Baltimore , Maryland, Raleigh , North Carolina, Nassau County , New York, Ventura County , California, Scottsdale, Arizona, Dana Point , California, Santa Ana , California, Chilean, Washington

☆ 3 things rattling markets this week
▼ + stars: | 2024-04-04 | by ( Krystal Hur | ) edition.cnn.com time to read: +7 min

The S&P 500 tumbled the first two trading days of the new quarter and is down 0.8% for the week after paring back some of its losses on Wednesday. Some Fed officials revealed at the central bank’s policy meeting last month that they see fewer rate cuts than the three they forecast last December for 2024. Traders see a 63% expectation that the Fed cuts rates in June, a drop from more than 70% a week earlier, according to the CME FedWatch Tool. “With Middle East tensions on the rise, OPEC+ supply side measures have pushed crude oil volatility down,” BofA strategists wrote in a Wednesday report. “Adding to a complex backdrop, we now estimate that improving economic growth expectations have helped push global oil markets into a deficit.”The price of gold has also climbed this week.

Persons: New York CNN — Stocks, “, ”, Brent Schutte, Jerome Powell, •, Loretta Mester, Raphael Bostic, Brent, Michael Shvartsman, Gerald Shvartsman, Donald Trump’s, Matt Egan, “ Michael, ” Damian Williams, Bruce Garelick, ” Williams, ” Read, Joe Biden, Sean Lyngaas, China Nicholas Burns, Antony Blinken, Read Organizations: CNN Business, Bell, New York CNN —, Treasury, FactSet, Northwestern Mutual Wealth Management, Hawkish, San Francisco Fed, Stanford University, Wednesday, • Cleveland Fed, Atlanta Fed, CNBC, Traders, Organization of, Petroleum, West Texas, Brent, Bank of America, Trump Media, Trump Media & Technology Group, DWAC, Southern, of, Acquisition Corporation, “, Microsoft, US, Department of Homeland Security, CNN Locations: New York, OPEC, Florida, of New York, Washington, China

☆ Microsoft really blew it, says government report on Chinese hacks
▼ + stars: | 2024-04-03 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

Microsoft's security systems are inadequate and need an "overhaul," a government report found. Security flaws in Microsoft's systems let Chinese hackers breach the company's networks last summer, DHS found. Microsoft needs to seriously improve its systems for the sake of national security, the report says. AdvertisementMicrosoft's security culture needs work, a government-backed cybersecurity board says in a new report. In it, the board details a "cascade" of "avoidable errors" in Microsoft's security systems.

Persons: —, Gina Raimondo, Nicholas Burns, Don Bacon Organizations: DHS, Microsoft, Service, US Department of Homeland Security, Storm, United, Business Locations: China, United States, People's Republic of China

☆ Diddy's ex-girlfriend Misa Hylton shared a video of his two sons being detained during house raid, and said feds used 'excessive force'
▼ + stars: | 2024-04-03 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +3 min

Read previewSean "Diddy" Combs' ex-girlfriend Misa Hylton said federal agents used "excessive" force against the rap mogul's son, as she shared new footage of the raid on his Los Angeles home last month. "The over zealous and overtly militarized force used against my sons Justin and Christian is deplorable," Hylton wrote in the caption. AdvertisementThe surveillance footage appeared to show Christian Combs being handcuffed against a wall and officers pointing firearms at Justin Combs. Hylton added that Justin Combs' attorney, Jeffrey Lichtman, was investigating what she described as "the excessive use of force." Joi Stokes / WireImageRepresentatives of Combs and his sons, Hylton, and the Department of Homeland Security did not immediately respond to a request for comment from BI.

Persons: —, Sean, Diddy, Combs, Misa Hylton, Aaron Dyer, Hylton, Justin Dior Combs, Christian Combs, Kim Porter, Justin, Christian, Justin Combs, Jeffrey Lichtman, Joi Stokes, Dyer, Mr Organizations: Service, Department of Homeland Security, Business, Forbes, Los Angeles Times, MEN Locations: Los Angeles, LA, Miami, Instagram, WireImage

☆ US government review faults Microsoft for ‘cascade’ of errors that allowed Chinese hackers to breach senior US officials’ emails
▼ + stars: | 2024-04-02 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +3 min

Washington CNN —Microsoft committed a “cascade” of “avoidable errors” that allowed Chinese hackers to breach the tech giant’s network and later the email accounts of senior US officials last year, including the secretary of commerce, a scathing US government-backed review of the incident has found. In particular, the review board faulted Microsoft (MSFT) for not adequately protecting a sensitive cryptographic key that allowed the hackers to remotely sign into their targets’ Outlook accounts by forging credentials. The hackers downloaded about 60,000 emails from the State Department alone, department spokesman Matthew Miller has said. Microsoft has “mobilized our engineering teams to identify and mitigate legacy infrastructure, improve processes, and enforce security benchmarks,” the statement continued. Russian hackers allegedly infiltrated software made by US firm SolarWinds to steal emails from US government agencies in 2020.

Persons: ”, Joe Biden, “, China Nicholas Burns, Antony Blinken, Matthew Miller, Gina Raimondo, Raimondo, Cory Simpson, ” Simpson Organizations: Washington CNN, Microsoft, US, Department of Homeland Security, CNN, State Department, Institute, Infrastructure Technology Locations: Washington, China, Russia

☆ Baltimore bridge collapse reveals a gap in federal government port protection powers
▼ + stars: | 2024-04-02 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +3 min

Tugboats guide the Maersk Atlanta container ship at the Port of Newark in Newark, New Jersey, US, on Saturday, March 30, 2024. As the Dali container ship neared the Francis Scott Key Bridge after losing power and with no ability to navigate, there were no tug boats to guide it. It is unclear if the tugs remained with the Dali, a collision could have been averted. But maritime experts say that new tugboat regulation would be a reasonable response for the government to consider. The next day, the Coast Guard referred CNBC to the Joint Information Center (JIC) for the Key Bridge Casualty 2024 incident in Baltimore.

Persons: Dali, Francis Scott Key Organizations: Maersk, Port, Francis Scott Key Bridge, CNBC, Infrastructure Security Agency, Department of Homeland Security, Department of Transportation, U.S . Coast Guard, Coast Guard, Joint Information Center, U.S . Immigration, Customs, . Customs, Border Patrol Locations: Maersk Atlanta, Newark, Newark , New Jersey, US, Port of Baltimore, Baltimore

☆ The US immigration surge saved the economy, record credit-card debt isn't an issue, and 4 other surprising takeaways from JPMorgan Asset Management's latest quarterly guide
▼ + stars: | 2024-03-31 | by ( James Faris | ) www.businessinsider.com time to read: +2 min

For a while, Kelly couldn't figure out whether there would be a recession, given how mixed signals were muddying the waters. Most economists now agree that there won't be a downturn, but one of the main explanations Kelly gave as to why may be shocking. Besides adding jobs, which tends to boost economic growth, Kelly noted that the presence of cheap workers has kept a lid on wage growth and, by extension, inflation. "But you could say that it has widened the runway for the soft landing. It's made it easier for us to achieve a soft landing."

Persons: Kelly couldn't, Kelly, —, he's Organizations: Management, US Department of Homeland Security, Pew Research Center

☆ Sean ‘Diddy’ Combs lawsuits: A closer look at the sexual misconduct lawsuits
▼ + stars: | 2024-03-31 | by ( Eric Levenson | Nicki Brown | ) edition.cnn.com time to read: +11 min

CNN —Even before law enforcement raided his homes, the rapper, producer and businessman Sean “Diddy” Combs faced a host of legal issues. The investigation stems from many of the same sexual assault allegations put forth in the civil lawsuits, according to a second law enforcement source familiar with Monday’s searches. Ventura v. CombsCassie Ventura has accused Diddy, her former boyfriend, of rape and abuse. Gardner v. CombsSean "Diddy" Combs has been accused of misconduct in multiple lawsuits filed since November. O’Marcaigh v. Christian and Sean CombsChristian Combs is accused of sexual assault in a lawsuit filed April 4 in Los Angeles Superior Court.

Persons: Sean “ Diddy ” Combs, Aaron Dyer, –, Mr, Combs, ”, Diddy, Ventura, Combs Cassie Ventura, Ethan Miller, Cassie, Ben Brafman, “ Mr, “, ” Brafman, Dickerson, Neal, Joi Dickerson, drugging, Gardner, Combs Sean, Shareif Ziyadat, Liza Gardner, Aaron Hall, Jane, Guy, Hall, Jane Doe, Harve Pierre, Daddy’s, Doe, Pierre, ” Pierre, Rod, Rodney Jones, videographer, Lil Rod, Jones, ” Jones, Cuba Gooding, Shawn Holley, Gooding, Sean Combs, Gareth Cattermole, Grace O’Marcaigh, Christian Combs, O’Marcaigh, Dyer Organizations: CNN, New York, Authorities, Department of Homeland Security, of, Diddy, Bad Boy Records, Bad Boy Entertainment, Combs Enterprises, Epic Records, Doe Corps, New York Supreme, Syracuse University, MCA Inc, MCA Music Entertainment Group, Geffen Records, Universal Music Group, ABC Corps, ” CNN, Inc, Bad Boy Entertainment Holdings, Plaintiff, Bad Boy Entertainment Holdings Inc, Los Angeles Superior Court Locations: Southern, of New York, New York, Los Angeles

☆ Usher said it was 'crazy' and 'wild' living with Sean 'Diddy' Combs' as a teen. Here's how it transformed his career.
▼ + stars: | 2024-03-28 | by ( Ayomikun Adekaiyero | ) www.businessinsider.com time to read: +5 min

Read previewUsher's comments on attending Sean "Diddy" Combs' "Puffy Flavor Camp" as a teen resurfaced after the federal agents raided Combs' homes this week. AdvertisementUsher's 2016 interview on "The Howard Stern Show" saw him speak about living with Combs for a year in the '90s. I just didn't understand it. Why was Usher sent to live with Combs? Usher told Stern he wasn't upset when Combs didn't want to produce his second album and understood it was a business decision.

Persons: —, Sean, Diddy, Combs, Howard Stern, Usher, Robin Quivers, Antonio, L.A, Reid, Rolling Stone, Stern, Lil, Kim, Mary J, Blige, Kevin Mazur, The Recording Academy Combs, He's Organizations: Service, Department of Homeland Security, Business, LaFace Records, The Recording Academy, Hollywood Locations: Los Angeles, Miami, New York

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