With the government encouraging vehicle sharing and carpooling, new services have begun which allow people to hire vehicles as per their demand. One of them is Bounceshare, which offers users the ability to book a scooter in their vicinity, use it for their commute and later drop it off at their destination.However, recently, a digital flaw was uncovered in the Bounceshare app by security researcher Ehraz Ahmed. One of its Internal Application Programming Interface (API) can log the hacker into any Bounceshare account, bypassing the users’ phone number into the request, and in response, it returns with the Access Token, and RiderId. This Access Token can then be used to access any Bounceshare account.Bounceshare's user base of approximately 2 million users was at risk of getting their information leaked on the web. Hackers and Telemarketers can mine its data by automating a script using a phone number dump found online.Close The vulnerability could also have allowed hackers … [Read more...] about Exclusive: Flaw left user data of 2 million Bounceshare customers vulnerable to hack
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Prudential Financial, Inc signed an agreement in September to acquire Assurance IQ, Inc., a direct-to-consumer platform for individuals seeking personalized health and financial wellness solutions.Launched in 2016 in Washington, Assurance IQ combines a digital buying experience with an agent-assisted model, enabled by data science (DS) and machine learning (ML) , to sell customized solutions to people across a broad socio-economic spectrum, using a combination of data science and human expertise.Assurance IQ leverages varied technology tools to eliminate the inefficiencies of conventional models to provide customised solutions. At the same time, it lowers customer acquisition cost, allowing deeper reach into the mass market while maintaining a high level of service and product selection.Close Prudential Financial, Inc officials said, “Assurance’s combination of advanced data science, ML and human expertise that power our business model are unique. Additionally, our data and … [Read more...] about Combining data science and human expertise for customised financial solutions
There is a big divergence between how the stock market is and the economy is faring. One seems to be hitting all-time highs while the other is hitting lower levels with each passing month.In this ease, growth slowdown has deepened as IIP performance for the second consecutive month points to a deep slump in economic activity. Industrial production data contracted for the second month in a row to 4.3 percent in September, its lowest level in almost 8 years.In terms of markets – the S&P BSE Sensex, which has risen over 11 percent so far in the year 2019, hit a fresh record high of 40,749 on November 8, while the Nifty50 also reclaimed 12,000 levels in the week gone by.Close Equity markets are inching towards record high, but the economy seems to be struggling, which puts investors’ in doubt about investing at record highs. We spoke to experts to help us understand the dichotomy and if investors did the right thing investing in markets at record highs. related … [Read more...] about Economic data disappoints: Did you make a mistake in investing when Nifty50 hit 12K?
Indian markets witnessed sell-off in the second half of the trading session pushing the Sensex lower by over 200 points while the Nifty50 broke below 11,900 levels on a closing basis to touch two-week low. The rupee also breached its crucial level of Rs 72 per US Dollar in trade today.The final tally on D-Street – the S&P BSE Sensex fell 229 points to 40,116 while the Nifty50 closed 73 points lower at 11,840 on November 13.Weak economic data, muted global cues, and fall in the currency were the major cues which led to a sharp fall in Indian markets, suggest experts. Investors would watch out for the release of CPI data scheduled today.Close "Post the recent rally, the gap between valuation and earnings growth has enlarged. Influencing investors to stay cautious ahead of heavy economic data being released this week,” Vinod Nair, Head of Research, Geojit Financial Services Ltd told Moneycontrol. related news On the Ball podcast | India vs Bangladesh 1st Test … [Read more...] about Taking Stock: Weak economic data spells trouble for D-St; Sensex plunged over 200 pts
My interview with Republican media strategist Rick Wilson came under somewhat ironic circumstances at the Fast Company Innovation Festival last week in New York City. While we sat discussing the meltdown of American democratic standards in the Trump Age upstairs from the festival’s main stage, people had sealed off the building for a security check before the appearance of Trump’s friend and supporter Kanye West. West would say during the appearance that he may run for president in 2024. advertisement advertisement It is exactly this kind of statement that Wilson now uses his influence to fight against—though that wasn’t always the case. Wilson is best known for creating GOP TV ads that bedeviled opposing Democratic campaigns, such as the controversial 2008 spot featuring disturbing soundbites from the sermons of Barack Obama’s pastor, Jeremiah Wright. But these days, Wilson is a public speaker, author, and Twitter celebrity who … [Read more...] about How Democrats can beat Trump in 2020: data science and fighting dirty