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Signage for a Chipotle Mexican Grill is seen in Los Angeles, California, United States, April 25, 2016. REUTERS/Lucy Nicholson/File Photo
Chipotle says hackers hit most restaurants in data breach
By Lisa Baertlein as written on reuters.com
Hackers used malware to steal customer payment data from most of Chipotle Mexican Grill Inc's (CMG.N) restaurants over a span of three weeks, the company said on Friday, adding to woes at the chain whose sales had just started recovering from a string of food safety lapses in 2015.
Chipotle said it did not know how many payment cards or customers were affected by the breach that struck most of its roughly 2,250 restaurants for varying amounts of time between March 24 and April 18, spokesman Chris Arnold said via email.
A handful of Canadian restaurants were also hit in the breach, which the company first disclosed on April 25.
Stolen data included account numbers and internal verification codes. The malware has since been removed.
The information could be used to drain debit card-linked bank accounts, make "clone" credit cards, or to buy items on certain less-secure online sites, said Paul Stephens, director of policy and advocacy at the non-profit Privacy Rights Clearinghouse.
The breach could once again threatens sales at its restaurants, which only recently recovered after falling sharply in late 2015 after Chipotle was linked to outbreaks of E. coli, salmonella and norovirus that sickened hundreds of people.
An investigation into the breach found the malware searched for data from the magnetic stripe of payment cards.
Arnold said Chipotle could not alert customers directly as it did not collect their names and mailing addresses at the time of purchase.
The company posted notifications on the Chipotle and Pizzeria Locale websites and issued a news release to make customers aware of the incident.
Linn Freedman, an attorney at Robinson & Cole LLP specializing in data breach response, said Chipotle was putting the burden on the consumer to discover possible fraudulent transactions by notifying them through the websites.
"I don't think you will get to all of the customers who might have been affected," she said.
Security analysts said Chipotle would likely face a fine based on the size of the breach and the number of records compromised.
"If your data was stolen through a data breach that means you were somewhere out of compliance" with payment industry data security standards, Julie Conroy, research director at Aite Group, a research and advisory firm.
"In this case, the card companies will fine Chipotle and also hold them liable for any fraud that results directly from their breach," said Avivah Litan, a vice president at Gartner Inc (IT.N) specializing in security and privacy.
Chipotle did not immediately comment on the prospect of a fine.
Retailer Target Corp (TGT.N) in 2017 agreed to pay $18.5 million to settle claims stemming from a massive data breach in late 2013.
Hotels and restaurants have also been hit. They include Trump Hotels, InterContinental Hotels Group (IHG.L) as well as Wendy's (WEN.O), Arby's and Landry's restaurants.
Shares in Chipotle Mexican Grill ended marginally lower at $480.15 on Friday following the announcement.
(Additional reporting by Natalie Grover and Siddharth Cavale in Bengaluru and Tom Polansek and Nandita Bose in Chicago; Editing by Grant McCool and Lisa Shumaker)
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Now Generally Available: On-premises data gateway in Azure
With today's update, we're excited to announce that the on-premises data gateway is now generally available in Azure. This gateway helps you securely connect your business apps in the cloud to your data sources on premises. You can use the gateway to move data to and from the cloud while keeping your data sources on premises. The gateway currently supports Azure Logic Apps, but in the next few months, will also expand to support Azure Analysis Services.
This release includes these new features:
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Support for multiple regions
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Delete your gateway connection resource in Azure
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New on-premises connectors for Azure Logic Apps
Support for multiple regions
This update gives gateway admins even more control over data gateway settings. When you install the gateway on a local computer, you can now select the region for the gateway cloud service and Azure Service Bus communication channel that you want to use with your gateway installation. Previously, this region defaulted to your Azure Active Directory tenant’s location.
We will move existing gateways to match the original location of your tenant. So if you currently use the gateway, you might notice this change. However, this update won't affect currently running logic apps, which will continue to work as usual.
Note: You can't change this region after installation unless you uninstall the gateway and reinstall. This region also determines and restricts the location where you can create the Azure resource for your gateway connection. So when you create the gateway connection resource in Azure, make sure to choose the location that you selected during installation so you can select your gateway from the installed gateways list.
Delete gateway resource in Azure
You can now delete your gateway connection resource in Azure and associate your gateway to a different Azure resource. The ability to delete the gateway installation is coming soon.
New on-premises connectors for Azure Logic Apps
Also, we’re adding new connectors that support on-premises data sources for Azure Logic Apps, Oracle EBS and PostgreSQL. These connectors follow two other connectors that we introduced a month ago, MySQL and Teradata.
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UBS taps Microsoft Cloud to power business-critical tech
UBS leading the industry in public cloud adoption by using Microsoft Azure for global scale, security, to improve business agility, reduce costs and gain a competitive edge.
NEW YORK — April 26, 2017 — The world’s largest wealth manager, UBS, is turning to Microsoft Azure cloud technology to power its digital transformation, aiming to reduce dependency on legacy technology, find new ways to leverage digital channels, and rethink how its businesses and people work.
“Tremendous transformation is taking place in the financial services industry, and technology is increasingly providing a competitive advantage to firms,” said Judson Althoff, executive vice president, Worldwide Commercial Business, Microsoft Corp. “UBS is a model of digital transformation in the financial services industry. With Microsoft Azure, the firm receives all the advanced technological and economic benefits of cloud technology. This is underscored by Microsoft’s investments in security, transparency and regulatory compliance, which enable UBS to innovate while doing business all over the globe.”
UBS is currently using Azure to power its risk-management platform, technology that requires enormous computing power, to run millions of calculations daily on demand. The result — speeding calculation time by 100 percent, saving 40 percent in infrastructure costs, gaining nearly infinite scale within minutes — means the firm can have more working capital on hand and employees can make quicker, more informed decisions for their clients.
“Increasing the agility and scalability of our technology infrastructure is crucial to the bank’s strategy,” said Paul McEwen, UBS Group Head of Technology Services, who is responsible for the entire Infrastructure Platforms Strategy and Support, driving the strategic planning for the bank’s intersection of business and IT needs. “With Microsoft Azure, we are building on the industry’s leading cloud platform in terms of innovation, technology, security and regulatory compliance, which is very important as a Swiss financial institution.”
Key to UBS’s move to Azure was a significant focus on regulatory compliance. Microsoft’s Financial Services Compliance program — a unique program that allows firms and regulators to deeply examine Microsoft cloud systems, services and processes — provides transparency into Microsoft cloud operations. This ensures UBS and regulators that Microsoft has taken the proper steps to secure data and mitigate risk. In addition, Azure’s industry-leading compliance portfolio ensures UBS can move to the cloud while meeting current compliance requirements, as well as plan for future regulations.
In terms of UBS’s strategic journey to the cloud, the risk platform is just the first step. UBS is actively partnering with Microsoft for opportunities to move more business applications to the Azure cloud.
Microsoft continues to see strong cloud adoption from the financial services industry, with more than 80 percent of the world’s largest banks and more than 75 percent of the global systemically important financial institutions using Azure. This represents the highest bar for legal, compliance, security and acquisitions teams.
The announcement was made at Microsoft’s Digital Difference event in New York City. Additional news and stories can be found at www.microsoft.com/digitaldifference. Follow the conversation on social media using the hashtag #DigitalDifference.
About UBS
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. The operational structure of the Group is comprised of our Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. UBS’s strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to capitalize on the compelling growth prospects in the businesses and regions in which it operates, in order to generate attractive and sustainable returns for its shareholders. All of its businesses are capital-efficient and benefit from a strong competitive position in their targeted markets.
UBS is present in all major financial centers worldwide. It has offices in 54 countries, with about 34% of its employees working in the Americas, 35% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 13% in Asia Pacific. UBS Group AG employs approximately 60,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
