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at the end of a 2018 filled with scandals and terrible headlines, fb Inc. is anticipated to record its most ecocnomic quarter in background.
When fb releases outcomes Wednesday after the closing bell, the empire of websites and apps controlled by using the business is anticipated to record virtually $6.4 billion in earnings for the ultimate three months of the 12 months, over $1 billion more than it has ever pronounced in a quarter up to now. Calendar fourth-quarter advertising sales are customarily the highest of the yr, as advertisers attempt to entice break valued clientele, however facebook remains anticipated to beat the break quarter ultimate yr by means of greater than $2 billion.
facebook’s record profits come amid months of scandals that have dogged the business seemingly nonstop considering that the Cambridge Analytica facts-privateness controversy erupted early final yr. since the revelations about tens of tens of millions of clients’ information being improperly accessed, controversies surrounding the data fb collects and the now and again lethal have an impact on of fake information, amongst other issues, have led the enterprise to repeatedly ask for forgiveness and try to clarify its actions to Congress and the public.
Chief govt Mark Zuckerberg has been warning investors through that point that fb’s efforts to enrich safety and group protection — Zuckerberg mentioned the enterprise would add 20,000 individuals, for instance — are going to significantly devour into the final analysis. Judging by using expectations for this quarterly report, although, those efforts don’t look like hurting profits too tons.What to predict
profits: On regular, analysts polled by means of FactSet estimate fourth-quarter profits of $2.18 a share, up from $1.44 a 12 months ago, notwithstanding that income complete was shaved down from alterations to the U.S. tax code. Contributors to Estimize, which crowdsources estimates from analysts, fund managers and academics, predict profits of $2.20 a share.
income: promote side analysts on regular mannequin fourth-quarter income of $sixteen.four billion, up from $12.ninety seven billion in the yr-earlier period. Estimize contributors predict earnings of $16.38 billion.
the majority of facebook’s income is from cellular ad sales, which analysts on usual estimate at $14.94 billion in the fourth quarter, in line with FactSet. computer advert sales are anticipated to say no to $1.27 billion from $1.41 billion in the year-past quarter. The business’s Oculus virtual fact hardware is covered along with profits from marketplace in “funds and different expenses,” which analysts are expecting to be $197 million.
On ordinary, analysts predict fb to collect an average of $7.11 in salary for each user. Wall street expects European daily lively consumer boom to stay flat in comparison with the third quarter; analysts expect modest each day member boom U.S. and Canada to 185.3 million, up from 185 million within the third quarter.
inventory circulation: facebook FB, +0.fifty seven% stock has declined roughly 0.1% in the past three months, because the benchmark S&P 500 index SPX, +0.07% fell 0.7%. Of the 49 promote-aspect analysts that cover fb, forty have buy or obese rankings on the identify, seven rate it a hold and two have a promote ranking. The common cost target is $185.fifty one, which represents a 27% upside from Thursday’s closing price of $145.eighty three.What to watch for
while a whole lot of facebook’s growth through its heritage has been due to its core fb app, Instagram has develop into a large source of salary for the social community, in line with projections from eMarketer. through the end of 2019, Instagram will haul in $14.38 billion in world-broad income, which quantities to four.four% of the global advert market and 6.2% of the world cell market.
facebook currently doesn't inform buyers how much cash Instagram, Messenger or WhatsApp make. based on the big apple times, the business plans to merge the underlying technical infrastructure of its a variety of houses by means of early 2020.
For more: The secrets that Google and facebook don’t want you to grasp
J.P. Morgan analyst Doug Anmuth wrote in a observe to purchasers Friday that fb is the most discussed and controversial cyber web business, in keeping with his fresh calls and conferences with buyers, but nevertheless a success. in line with J.P. Morgan surveys, fb use is still excessive and Instagram continues to grow regardless of months of negative headlines.
“As is commonly the case [with Facebook], the forward-looking commentary and tone is probably going greater crucial than the reported quarter itself,” Anmuth wrote. “We don’t expect any huge surprises. On the salary front we seek fb to call out continued deceleration — probably mid-single digit — which may still be expected.”
Anmuth has a $195 fee target on the identify with the equal of a buy rating.
Deutsche bank Securities analyst Lloyd Walmsley wrote in a note to consumers that facebook is his “favourite mega cap cyber web name” for 2019, and prices the inventory a purchase with a $195 fee goal. Like Anmuth, he wrote that buyers may still look to the call for counsel in regards to the enterprise’s future profits outlook.
read more: Mark Zuckerberg defends fb’s company as ‘still evolving and improving’
Walmsley wrote that he's looking to Messenger, Watch and fb Search to turn into improved drivers of sales through 2019. Watch, the domestic for fb’s original-video efforts, has roughly 75 million each day lively users, which might amount to a $275 million annual segment, he wrote. Walmsley additionally mentioned positively facebook’s plan so as to add $9 billion in inventory buybacks.
Barclays analyst Ross Sandler, who has a $one hundred eighty fee target and costs facebook a purchase, wrote in a word to customers that he expects regulatory hazards and ongoing bad news studies will continue to be a problem. however these components had been priced into the stock at this factor, he wrote.
“The most appropriate possibility in huge cap internet is to trap a quality name when sentiment is washed out, valuation is depressed and positioning is offsides (as skilled with Alphabet Inc. GOOGL, -0.32% GOOG, -0.33% and Amazon.com Inc. AMZN, -1.sixty two% heading into 2015), and this could be the setup for fb presently.”
HP acquired Voltage protection in April 2015, rebranding the platform as "HP protection Voltage." The product is an information encryption and key technology answer that includes tokenization for protecting delicate company information. The HP protection Voltage platform comprises a lot of products, equivalent to HP SecureData commercial enterprise, HP SecureData Hadoop, HP SecureData payments and the like. this article makes a speciality of HP SecureData commercial enterprise, which includes HP format-preserving Encryption (FPE), HP at ease Stateless Tokenization (SST) technology, HP Stateless Key management, and records protecting.Product points
HP SecureData enterprise is a scalable product that encrypts each structured and unstructured statistics, tokenizes data to avoid viewing by unauthorized users, meets PCI DSS compliance necessities, and gives analytics.
The center of HP SecureData enterprise is the Voltage SecureData management Console, which offers centralized coverage management and reporting for all Voltage SecureData techniques. a further component, the Voltage Key administration Server, manages the encryption keys. coverage-controlled software programming interfaces permit native encryption and tokenization on numerous systems, from safety tips and experience managers to Hadoop to cloud environments.
The platform employs a special procedure called HP Stateless Key administration, which means keys are generated on demand, in line with policy stipulations, after users are authenticated and licensed. Keys can also be regenerated as necessary. using stateless key administration reduces administrative overhead and costs by putting off the important thing keep -- there isn't any need to shop, keep tune of and lower back up every key it really is been issued. Plus, an administrator can hyperlink HP Stateless Key management to a company's identification administration gadget to implement position-based mostly entry to data on the field level.
FPE is in line with advanced Encryption usual. FPE encrypts statistics devoid of altering the database schema, but does make minimal changes to applications that deserve to view cleartext statistics. (in lots of situations, simplest a single line of code is modified.)
HP SecureData commercial enterprise's key management, reporting and logging tactics aid shoppers meet compliance with PCI DSS, health insurance Portability and Accountability Act and Gramm-Leach-Bliley Act, in addition to state, countrywide and European records privateness regulations.
HP SecureData commercial enterprise is suitable with pretty much any category of database, together with Oracle, DB2, MySQL, Sybase, Microsoft SQL and Microsoft Azure SQL, among others. It supports a wide selection of operating methods and systems, including windows, Linux, AIX, Solaris, HP-UX, HP NonStop, Stratus VOS, IBM z/OS, Amazon web services, Microsoft Azure, Teradata, Hadoop and a lot of cloud environments.
organizations that enforce HP SecureData enterprise can predict to have full end-to-end statistics coverage in 60 days or less.Pricing and licensing
potential shoppers have to contact an HP income consultant for pricing and licensing guidance.guide
HP offers commonplace and premium guide for all HP security Voltage products. ordinary aid contains entry to the solutions portal and online support requests, the online abilities base, e-mail aid, company hours mobilephone aid, four-hour response time and a help desk package.
premium assist contains the identical facets as regular assist, but with 24x7 telephone assist and a two-hour response time.
WIESBADEN, Germany--(enterprise WIRE)--comForte 21 GmbH, a global provider of connectivity, middleware, and safety solutions for the HP NonStop platform, and Protegrity usa, Inc., a number one issuer of conclusion-to-conclusion statistics security solutions today announced they're forming a strategic partnership to provide finished encryption and Vaultless Tokenization solutions to valued clientele who want to achieve conclusion-to-end statistics security protection across their whole company. comForte's SecurData is now among the wealthy set of commercial enterprise structures supported by way of Protegrity, some of which include Teradata, Netezza, Greenplum, large data and the IBM mainframe.
The Protegrity information protection Platform enhances the existing HP NonStop platform, extends to BASE24 and other platforms within the ecosystem through offering advanced coverage methods together with the Protegrity commercial enterprise security Administrator (ESA). convenient to use and flexible, ESA provides security Officers principal policy and key administration, separation of obligations, and central reporting and auditing for compliance functions. once the records is secured it will probably circulate seamlessly through the total business, allowing for the analytical insights and reporting needed in today’s advanced business world.
'we are very comfortable to be partnering with Protegrity’, says Dr Michael Rossbach, CEO of comForte 21. 'Protegrity is a number one supplier of end-to-end statistics safety options on many systems and comForte's SecurData nicely complements Protegrity's solutions via including statistics-at-leisure protection on HP NonStop to the mix.'
“via this partnership with comForte 21, we're in a position to provide BASE24 customers the capability to extend state-of-the-art facts security from their platform, right through all methods including the mainframe, and in every single place in between,” said Suni Munshani, CEO, Protegrity. “companies will have the ability to enforce guidelines for delicate statistics protection that outline what counsel have to be covered, who has entry to it, and how it can be used.”
About comForte 21
comForte is a world chief in the market for HP NonStop solutions—offering valued clientele a complete suite of confirmed and inventive middleware, connectivity, and security products. companies in all industries are using comForte items to greater simply leverage their funding in HP NonStop systems.
With comForte, companies can …
today, more than 500 customers around the world count on comForte items to control access to mission-critical NonStop server functions and data.
For extra guidance about comForte please seek advice from www.comforte.com.
For extra counsel about SecurData please go to www.comforte.com/securdata.
Headquartered in Stamford, Conn., Protegrity gives excessive performance, infinitely scalable, conclusion-to-conclusion records safety options that protect sensitive counsel throughout the business from the point of acquisition to deletion. The business’s award-winning utility products span numerous facts insurance plan methods, including conclusion-to-end encryption, tokenization, overlaying, and monitoring and are backed with the aid of a number of crucial facts coverage technology patents. presently, more than 200 commercial enterprise shoppers global depend on Protegrity’s complete records safety solutions to enable compliance for PCI DSS, HIPAA and different records insurance plan mandates whereas conserving delicate statistics, manufacturer, and business reputation. For greater assistance, please email firstname.lastname@example.org or talk over with http://www.protegrity.com.
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A man claims he was ‘racially profiled’ at Sports Direct and forced out of the store after staff asked to see his ID.
Nissi Antwi, 25, had gone to the shop in Manchester’s Arndale shopping centre straight after work to buy a pair of running shorts.
He said that upon entering, a security guard immediately followed him around the store and within one minute asked to see his ID.Nissi Antwi, 25, went to buy some running shorts (Picture: Ian Leonard)
‘The security guard came straight towards me and asked my how old I was,’ he said.
‘I only had my bank guard on me and I was confused why he needed to see my ID.Young brothers write thank you note to ambulance service who saved their dad
‘When I asked why and said I had nothing on me with my date of birth, he replied: “You’ll have to leave the store if you’ve got not ID. It’s company policy.”‘
Nissi, who is the manager of a furniture showroom, claims that no one else in the store was asked for ID except for another young black man.
He says that when he told staff he was being ‘singled out’ because of his race, they said he was ‘playing the race card’.He says other customers came to his defence (Picture: Ian Leonard)
‘Other customers, including a 17-year-old white lad, saw what was happening and tried to come to my defence saying they hadn’t been asked for ID,’ he said.
‘I pulled my phone out – so I could record what was being said – but then the store manager came over and grabbed it from me.Tiger killed by potential mate during first date at London zoo
‘I tried to protest and get the phone but the security guard restrained me by putting his hands on my chest.
‘The manager then threw my phone out of the entrance and on to floor and shouted: “Your phone is over there” while pointing outside the store.’
Nissi, from Manchester, claims he left the store and was told he was banned from coming back.Sports Direct asked Nissi why he was asked to show ID (Picture: Ian Leonard)
The security guard allegedly pointed at a sign which read: ‘Children must be supervised at all times’ as the reason why he had been thrown out.
‘I’d gone to the store straight after work in smart clothes and I don’t look that young,’ Nissi said.Tory MP who stopped upskirting bill blocks bid to protect girls from FGM
‘They didn’t ask any white customers for ID so the only reason they wanted me out was my skin colour.
‘I think I was racially profiled and the staff treated me like I’d done something wrong.
‘I was never aggressive yet I was manhandled by a security guard and had my phone taken away for no reason. It’s disgusting.’Staff allegedly told him he was now banned from the store (Picture: Getty Images)
He added that the ‘worst part’ was he used to work for Sports Direct when he was 16.
Nissi contacted Sports Direct after the incident but he claims after a week of waiting for a reply, they responded to ask why he had been asked for ID.
He replied but says he has not heard anything back.
Metro.co.uk contacted Sports Direct for comment.
One Friday afternoon in February 2018, Ward Waltman came home to a voice mail that sounded suspicious. A woman claiming to be from the Social Security Administration left a message asking Waltman, a retired federal employee in Manakin Sabot, Va., to call her back. His first thought: "This sounds like a scam."SEE ALSO: 9 Things Retirees Should Never Keep in Their Wallets
But over that weekend, Waltman started wondering if the call might be legitimate. He was then 68 years old and had not yet claimed his Social Security benefit. And he knew that his personal information had likely been stolen multiple times in recent data breaches involving insurance giant Anthem and credit bureau Equifax. What if a fraudster was using his personal details to claim his Social Security benefit?
It seemed like a stretch. After all, years earlier Waltman had followed the Social Security Administration's advice for sidestepping fraud. He set up his own "My Social Security" account, which allows users to estimate their retirement benefits and change their contact details, among other features.
So Waltman logged into his account, a process that requires not only a user name and password but also a security code sent to the user's mobile phone or email. What he saw confirmed his fears. His email address had been changed to an address he didn't recognize, and a claim had been filed for his retirement benefits.
Waltman called Social Security. The message was indeed legitimate, and the representative had called Waltman because she suspected the claim was fraudulent. Within 45 minutes, the matter was resolved and the bogus claim denied. But Waltman was left with an unsettling question: How had the hacker defeated Social Security's seemingly robust security systems? "I was stunned that it seems so easy for crooks to take advantage of the Social Security system," Waltman says. "But that's the online world we live in."Online Weaknesses for Social Security
As the Social Security Administration strives to serve more customers online, the agency and current and future Social Security beneficiaries face the growing threat of cyber attacks. Social Security identified nearly 63,000 likely fraudulent online benefit applications in fiscal 2018, according to the agency's Office of the Inspector General, up from just 89 in fiscal 2015. From February 2013 to February 2016 (the most recent data available), the Inspector General received more than 58,000 fraud allegations related to My Social Security accounts--an issue that persists today, according to the OIG. Meanwhile, there has been exponential growth in Social Security imposter scams, in which fraudsters claiming to be Social Security staffers contact victims--often via robocalls--and try to extract money or personal details. More than 35,000 people reported such scams in 2018, according to the Federal Trade Commission, up from 3,200 a year earlier.
These days, it's tough to avoid dealing with Social Security online. But when you understand Social Security's cyber security strengths and weaknesses, there are steps you can take to safeguard your personal information, keep close tabs on your benefits, and with any luck, ward off the fraudsters.
The Social Security Administration is a treasure trove for hackers. The agency holds data on nearly every American, averages about 70 million monthly beneficiaries, and paid roughly $1 trillion in benefits in fiscal 2018, mostly through electronic transactions. And like many organizations across the public and private sector, the agency is pushing customers to use its online services even as it struggles to stay a step ahead of cyber crooks. In 2012, for example, the agency launched the My Social Security portal, and it encourages users to view benefit statements and manage their benefits online.SEE ALSO: Do You Know the Best Social Security Claiming Strategies?
Today, the agency plans to further expand its online services "to reduce unnecessary field office visits by the public," according to the OIG. But since 2012, the OIG noted in a recent report, its auditors "have identified weaknesses that, when aggregated, resulted in a significant deficiency" in Social Security's information systems security.
The agency says it's working hard to keep pace with the fraudsters. "Social Security is committed to protecting and securing the information entrusted to us," agency spokesman Mark Hinkle said in an email. As fraud techniques evolve, he says, "we are continually reviewing our systems to ensure we identify potential fraud risks and determine if additional controls are necessary."
Story continuesSocial Security Benefits Up for Grabs
As of July 2018, nearly 38 million people had created My Social Security accounts at www.ssa.gov/myaccount. The portal allows you to view your earnings record and benefit payment history and change your address or direct deposit information, among other services.
But the accounts have proven tempting to fraudsters. One issue: Social Security needs to "improve its identity verification controls to ensure users are who they claim to be," the OIG said in September Congressional testimony.
Indeed, crooks don't have to be terribly sophisticated to set up an account in someone else's name, cyber security experts say. To open an account, you enter basic details such as your name, date of birth and Social Security number, then answer a series of multiple-choice questions meant to verify your identity, such as "on which of these streets have you never lived?" and "which of the following is your middle or former name?" In some cases, the answers are freely available in public records or on social media. And if they're not, hackers can buy the information for about $3 on sites that sell stolen data, says Alex Holden, chief information security officer at information security firm Hold Security. "A determined individual will have an easy time getting this information," he says.Slowing--Not Stopping--Hackers
Recent efforts to beef up My Social Security account security may slow down hackers who try to break into other people's accounts, but they're no cure-all, cyber security experts and the OIG say. In 2017, the My Social Security portal started requiring two-factor authentication, meaning users trying to register or log in must enter a security code that is sent to their mobile phone or email address. "It could be a speed bump for the bad guys," says Brian Krebs, who blogs about cybercrime and Internet security at KrebsOnSecurity.com, but "I'm not sure it adds a lot of verification that people signing up are who they say they are."
If you're already receiving Social Security benefits, a crook who gains access to your My Social Security account could change the direct-deposit information to redirect benefits to his own account. And if you have reached age 62 but not yet claimed your benefits, a thief who gets hold of your personal information could file a bogus claim in your name.
The recent spike in likely fraudulent online benefit claims can be attributed to an increase in fraud attempts as well as changes in the agency's process for flagging suspicious claims, the OIG says.SEE ALSO: Fighting Financial Fraud and Identity Theft
In recent months, the agency has taken additional steps to deter fraudulent online benefit claims--but they're not exactly bulletproof, according to the OIG. Late last year, the agency started using the same identity-verification process for online benefit applications that it uses for the My Social Security portal. You must now attempt to open a My Social Security account before you can file an online claim. But if you run into problems creating an account, you can still submit the online claim, and the agency will contact you to verify your identity before processing it, according to the OIG. And given that the portal's identity-verification controls haven't stopped thieves from fraudulently establishing accounts or changing direct-deposit information, using those same controls for online benefit applications may not prevent all fraudulent online benefit claims, the OIG said in a November report.Defend Yourself Against Social Security Fraud
"The agency employs a multifaceted approach towards fraud prevention and regularly performs data analytics against online applications and My Social Security transactions to identify anomalous activity and take action," Hinkle says. But the agency, the OIG and cyber security experts all agree that individuals need to be on guard, too.
What should current and future beneficiaries do? Although it's not a 100% fix, register your My Social Security account "before somebody else does it for you," Krebs says. Log on regularly to check for suspicious activity.
For an additional layer of protection, add "extra security" to your My Social Security account. This process ties the account to your address and credit card or other financial information, and "it is the best defense available at this time," the OIG says.
You can also block electronic access to your Social Security record at www.socialsecurity.gov/blockaccess. This prevents anyone--including you--from viewing or changing your personal information through Social Security's website or automated phone line. If you later need to access your information, you can remove the block after confirming your identity with Social Security.
If a fraudster manages to file a claim for your benefits, Social Security will work to resolve the issue promptly and ensure you receive the benefits you're due, Hinkle says. In some cases, you may get a 1099 form for benefits you didn't receive, the OIG says. You would need to contact Social Security to unwind the bogus claim and have a corrected 1099 issued zeroing out the reported income.
Finally, "do not pick up your phone unless you know who's calling," says Amy Nofziger, director of fraud victim support at AARP Fraud Watch Network. Scammers claiming to be Social Security employees may tell you there's a problem with your account, that your Social Security number has been suspended because of suspected illegal activity, or even that you're owed a cost-of-living benefit increase. They'll then try to extract personal information from you. Your caller ID may even show Social Security's real phone number (1-800-772-1213)--but the scammers are faking that number. If a caller threatens your benefits, suggests you'll face legal action if you don't provide information, or pressures you to send cash or put money on gift cards, it's likely a fraudster.
If you're not sure whether a call is legitimate, you can hang up and call 1-800-772-1213 to speak with a real Social Security representative. And if you've been targeted by a scammer, report it at www.ftc.gov/complaint and oig.ssa.gov/report.SEE ALSO: 10 Scams That Will Ruin Your Retirement
Copyright 2019 The Kiplinger Washington Editors
Published: Tue, January 29, 2019 4:47 PM Updated: Tue, January 29, 2019 4:52 PM
Mark Gower, shown in this 2013 file photo, was appointed Tuesday by Gov. Kevin Stitt as the Oklahoma Emergency Management Director.
Gov. Kevin Stitt has tapped the state's chief cybersecurity expert to serve as emergency management director.
Mark Gower leads Oklahoma CyberCommand, which acts as a security resource for much of the state's digital presence and assets. As the state's chief information security officer, he has expertise in cybersecurity, business continuity, disaster recovery and emergency preparedness and response.
"Mark Gower has been dedicated to the safety and security of Oklahomans his entire career," said Stitt. "His expertise is well suited to guide the Department of Emergency Management, and I look forward to working with him as we continue to move our state forward."
Gower will replace Michelann Ooten, who was appointed to the post by Gov. Mary Fallin when longtime Director Albert Ashwood retired last year.
Gower said he was "excited to join Stitt and dedicated emergency management professionals across Oklahoma."
"I will work tirelessly alongside our governor to build trust, efficiency, and accountability through working to provide quality, customer-focused services to our citizens, cities, towns, and counties statewide," he said.
Gower has helped transition most of Oklahoma's agencies to a unified IT system under Chief Information Officer Bo Reese. Officials expect that a search to replace him will begin immediately.
The unification of IT services has been difficult for some agencies; lawmakers may consider this year whether offices like the CyberCommand should be spun off into its own agency.
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