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UK watchdog fines 23andMe over 2023 data breach

UK watchdog fines 23andMe over 2023 data breach

TechCrunch4 hours ago

In Brief
The U.K. data protection watchdog has fined 23andMe £2.31 million ($3.1m) for failing to protect U.K. residents' personal and genetic data prior to its 2023 data breach.
The Information Commissioner's Office (ICO) said on Tuesday it has fined the genetic testing company as it 'did not have additional verification steps for users to access and download their raw genetic data' at the time of its cyberattack.
In 2023, hackers stole private data on more than 6.9 million users' over a months-long campaign by accessing thousands of accounts using stolen credentials. 23andMe did not require its users to use multi-factor authentication, which the ICO said broke U.K. data protection law.
The ICO said over 155,000 U.K. residents had their data stolen in the breach.
In response to the fine, 23andMe told TechCrunch that it had rolled out mandatory multi-factor authentication for all accounts.
The ICO said it is in contact with 23andMe's trustee following the company's filing for bankruptcy protection. A hearing on 23andMe's sale is expected later on Tuesday.

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The Wiretap: A Horrific Grooming Of A 10-Year-Old That Began On Roblox
The Wiretap: A Horrific Grooming Of A 10-Year-Old That Began On Roblox

Forbes

time26 minutes ago

  • Forbes

The Wiretap: A Horrific Grooming Of A 10-Year-Old That Began On Roblox

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EU chief agrees with Trump on China trade issues, declares ‘Donald is right'
EU chief agrees with Trump on China trade issues, declares ‘Donald is right'

Fox News

time37 minutes ago

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EU chief agrees with Trump on China trade issues, declares ‘Donald is right'

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Coal power plants were paid to close. Is it time to do the same for slaughterhouses?
Coal power plants were paid to close. Is it time to do the same for slaughterhouses?

Yahoo

timean hour ago

  • Yahoo

Coal power plants were paid to close. Is it time to do the same for slaughterhouses?

The food industry will go to great lengths (and spend a fortune) to lobby policymakers, confuse the public and politicise scientific findings. You can see the results in the UK's delay of a ban on junk food advertisers targeting children, or the orchestrated backlash to a report that recommended cutting red meat consumption and embracing more plant-based diets. It's a well-worn playbook. When scientific evidence indicates the need to phase down environmentally harmful or unhealthy products, the responsible industry pushes back. Motivating this resistance, my colleagues and I believe, is something rarely discussed in the context of food systems: stranded assets. These are investments that lose value or stop generating revenue earlier than their owners and investors anticipated, due to changes in market conditions, technology or – of particular interest here – policy and regulation. This concept has been central to debates in the energy transition. For example, studies have shown that keeping global warming below 2 °C will require leaving fossil fuels in the ground and shutting down power plants before they've generated a return on investment, wiping off about US$1 trillion (£736 billion) in value for companies, financial institutions and investors. The same dynamic applies to the task of feeding everyone well and without substantial environmental harm. What we produce must change, as well as how we produce it. Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK's latest coverage of news and research, from politics and business to the arts and sciences. Producing animal-sourced protein, especially beef and dairy, has environmental impacts that dwarf those of plant-based protein. Some new technologies may reduce these impacts, particularly feed additives to reduce methane emissions from cattle. But the negative impacts go far beyond cow burps to include deforestation, biodiversity loss, water scarcity and pollution. Beef in particular, even when produced using intensive systems like feedlots in the US, requires substantially more land to make 100 grams of protein than any other source (excluding lamb, which is produced in much lower quantities). As the global population increases and constraints on land use intensify, as much nourishing food as possible will need to be produced on as little land as possible. This will entail slashing the amount of land used for animal-sourced foods. However, companies consistently invest in the assets that produce, process, transport and store the foods we consume. These range from slaughterhouses to the grain silos and transport equipment for single-crop supply chains, to manufacturing plants and the research and development of ultra-processed foods. In order to curtail certain foods, as part of a global shift towards sustainable and healthy diets, these assets cannot generate the revenue they do now. This means writing off some of the capital that has been sunk into them, and any anticipated revenue. Our research identified £217 billion that has been invested in meatpacking plants, for example. A portion of this will be lost in service of a shift to more plant-based sustenance. Whether or not policymakers and researchers are aware of the stranded assets problem, food companies certainly are. We outline three things that need to happen. First, while it is laudable that companies set targets to cut emissions or deforestation, how they invest their money is not always consistent with these goals. Companies need to disclose to investors and the public which of their assets are incompatible with a sustainable future, and how they plan to phase them out. Second, lenders (typically banks) and investors (asset managers and their clients) must work with the companies they fund to manage these transitions rather than simply revoke financing or divest. Shutting down a meatpacking plant and building up a plant-based protein business is costly, and firms will need support. Divestment can play an important role symbolically, signalling an ethical and moral stance against certain activities. But unless it is done by all investors at once, assets like shares go to other buyers with little or no interest in sustainability. Third, and perhaps the thorniest problem, who pays for stranded assets? The money has already been spent. The investments have been made, the meatpacking plants and infrastructure already built, the anticipated revenue and maximised profit margins already embedded in the value of these companies. There is the cost of shutting down assets early as well as the opportunity cost of not making money that was expected from capital that has already been sunk. Who bears those costs? Many assume the answer is straightforward: the polluter should pay. This is certainly possible to achieve. Take the recent ruling in Germany, which determined that private companies can be held liable for their share in causing climate damages. But implementing this principle requires unusually strong political leadership and sustained public support. Both of these things are difficult to secure, particularly in food systems where industry lobbying is intense, livelihoods are at stake, public attention is fragmented and diets are highly personal and easily politicised. Even when policies designed to improve public health or sustainability are passed, they can be easily rolled back. Which brings us to an uncomfortable alternative: paying the polluter. This approach already exists in other sectors. Since 2020, Germany has paid coal plants to retire early. The same has been done in the Netherlands, parts of the US and several other countries. In the Netherlands, the government paid farmers to reduce dairy herds in certain areas in order to hit pollution targets. Paying off food companies to phase out harmful assets sounds like a bailout and feels unfair, since a clean and thriving environment is a human right. Such an approach could only work if it allowed stronger regulation that ensured such pollution wouldn't occur in the future. This is how abolitionists contributed to ending slavery in the UK. If we're stuck between endless policy whiplash and slow-motion climate and health crises, paying the polluter may be worth considering. It's politically fraught and emotionally frustrating, but when it comes to stopping pollution sooner rather than later, it is perhaps more tractable than waiting for political will, corporate courage and public consensus to converge. Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation's environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who've subscribed so far. This article is republished from The Conversation under a Creative Commons license. Read the original article. Stephanie Walton does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

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