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Stock impact report

Equifax, Western Union, Priceline settle with New York attorney general over insecure mobile apps [TechCrunch Blog]

Western Union Company (The) (WU) 
Last western union company (the) earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: TechCrunch Blog
New York’s attorney general has settled with five tech and financial giants, requiring each company to implement basic security on their mobile apps. The settlements force Credit Sesame, Equifax (yes, that Equifax ), Priceline, Spark Networks and Western Union to ensure data sent between the app and their servers are encrypted. Specifically, the attorney general said their apps “could have allowed sensitive information entered by users — such as passwords, social security numbers, credit card numbers, and bank account numbers — to be intercepted by eavesdroppers employing simple and well-publicized techniques.” In other words, their mobile apps “all failed” to properly roll out and implement HTTPS, one of the barest minimum security measures in any modern app’s security. HTTPS certificates (also known as SSL/TLS certificates) encrypt data between a device, like your phone or computer, and a website or app server, ensuring any sensitive data, like credit card nu Show less Read more
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