New app allows two-factor authentication for all apps

Rivetz Authenticator protects your identity using the secure hardware

The traditional method of using a username and password is no longer sufficient to protect your banking, social media, emails and other digital accounts. Passwords can easily be forgotten or even stolen, making two-factor authentication are integral in protecting your identity and online account access.

Two-factor authentication (2FA) does an excellent job securing your digital accounts, but what happens when your phone is stolen or gets misplaced? Or what if you’re updating to a new device and have to re-authenticate everything? And, even if you have the keys saved, manually resetting two-factor authentication for every account is going to take its fair share of time.

Rivetz is a mobile cybersecurity specialist that is ending all your 2FA woes with the launch of a new Authenticator app. Rivetz’s Authenticator app is the first two-factor authentication solution with backup and recovery. The app recovers 2FA keys using a mobile’s existing hardware security capabilities, while also giving you complete control over encrypted backup files. The app was created to eliminate frustrations users face with their 2FA accounts when migrating to new devices.

While 2FA apps generate their code in software, Rivetz Authenticator generates codes in a phone’s hardware chipset, protecting them from phishing attacks, malware and the other threats. This secure hardware chipset is called Trusted Execution Environment, which is already embedded in millions of Android devices. The app also features a Trusted User Interface (TUI) for supported devices that ensures malware doesn’t infect a transaction.

Rivetz Authenticators is engineered from scratch, using hardware-based trusted processing. It is compatible with all your favourite online services like Twitter, Facebook, Gmail, Coinbase, Binance, work accounts and more. The Authenticators also monitors the state of your device for changes caused by spyware or malicious malware software, and will instantly notify you if any such change is detected. You can save all your services as encrypted backups and easily recover then if your phone is lost or stolen. Rivetz strongly believes in prioritising privacy, which is the primary reason why the app functions offline within your device.

[“source=moneycontrol”]

Weather And Business: Insights And Ideas For Weathering The Storms

“How about this weather we’re having?” “Can you believe how cold it is?” “The weather made my commute just brutal today!” Weather dominates small talk in the United States, and there has been a lot of research done on how weather influences behavior and emotions. But, weather also has strong financial impact; it is estimated that nearly 20% of the U.S. economy is directly affected by the weather, and it impacts the profitability and revenues of many industries, including agriculture, energy, events, construction, travel and others. In a 1998 testimony to Congress, former commerce secretary William Daley stated, “Weather is not just an environmental issue, it is a major economic factor. At least $1 trillion of our economy is weather-sensitive.”

This regular column will focus on business and its relationship with weather. Our economy is dependent on weather, and increased weather volatility has forced businesses to be more proactive in including weather insights into operational planning.  As weather-forecasting technology continues to improve, businesses are finding it easier to be more proactive in making decisions related to weather.

Of the more than 10,000 practicing meteorologists in the U.S., there is strong representation in the private sector. A meteorologist may be found in a variety of positions, ranging from weather forecasting duties, to non-forecasting roles like sales, marketing and business analytics. The job outlook for meteorologists is estimated to grow by 12%, which is almost 40 percent faster than the national average.

Public safety is a very visible example of weather forecasting for business. But there are many other ways weather plays a role in business. For some companies, it’s about risk management. For retailers, meteorologists help develop strategies that address how weather impacts purchasing trends. Meteorologists can help with business planning and developing strategies for expansion geographies. The impact of weather on business is real, and as forecasting and other technology continues to evolve, the weather-based decision making within business will also evolve.

Top of mind for so many folks right now is winter and safety, particularly as yet another storm rolls into the northeast. Severe weather will impact flights, road traffic, agriculture, the delivery of energy and the general safety of the public. When thinking about the current winter conditions and the impact on traffic and road conditions, it’s expected the plows will keep the roads clear, but there’s a lot of planning needed, not only to effectively keep the roads clear, but to also effectively manage budgets. In Minnesota for example, Anoka County is responsible for keeping 1,100 lane miles of roads clear with the work of 40 full-time, and 20 on-call, maintenance workers. These crews rely on the accuracy of each weather forecast and a big benefit of leveraging those forecasts is the effective use of budgets. Anoka County weather forecasts have specific pavement forecasts, which help the team schedule crews appropriately. The county is required to give night crews a 24-hour notice, and those crews are paid a premium rate for working after hours. Having an accurate forecast helps the department avoid scheduling workers for night shifts unless it’s necessary, ultimately protecting the bottom line.

Pavement forecasts also help the department use other resources efficiently. When freezing rain is predicted, it uses this information to help determine the optimal time to salt the roads, in turn, avoiding unnecessary applications. The department also knows the best time to pretreat roads, allowing it to avoid sending out a second shift which increases safety for everyone on the road. As this story from Anoka County, Minnesota, shows, there are real economic implications to everyday weather events.

[“source=forbes”]

By the numbers: Stock market collapses on Christmas Eve, heads for worst December ever

Image result for By the numbers: Stock market collapses on Christmas Eve, heads for worst December everThe stock market is ending the year on quite the ugly note. Here is where we stand statistically:

MAJOR INDEXES:

  • S&P 500 closed down -2.71% Monday for its seventh negative day in 8 and its worst day since Dec. 4, when the S&P lost -3.24%
  • Until Monday, the Dow & S&P 500’s worst Christmas Eve ever was back in 1985, when they fell 0.63% and 0.69%, respectively
  • S&P hit a new 52-week low Friday of 2,351.10, its lowest level back to April 2017
  • MTD: S&P is down -14.82% on pace for its worst December ever back to back-tested inception in 1928, with the next worst December in 1931 when the S&P lost -14.53%, and its worst month since October 2008 when the S&P lost -16.94%
  • YTD: S&P is down -12.06% in 2018 on pace for its worst year since 2008 when the S&P lost -38.49%
  • Since Record: S&P is 20.06% below its intraday all-time high of 2,940.91 from Sept. 21 closing in bear market levels
  • The CBOE Volatility Index VIX hit a high so far today of 36.10, its highest level since Feb. 9, when the VIX hit a high of 41.06
  • Russell 2K small caps closed down -1.95% today for their 13th negative day in 14, hitting a new 52-week low today of 1,266.92
  • MTD: Small caps are down -17.37% MTD on pace for their worst month since October 2008, when small caps lost -20.90%
  • YTD: Small caps are down -17.49% YTD on pace for their worst year since 2008, when small caps lost -34.8%
  • Since Record: Small caps are 27.28% below their intraday all-time high of 1,742.09 from Aug. 31, closing in bear market levels
  • Dow closed down -2.91% today for its sixth negative day in 7 and its worst day since Dec. 4, when the Dow lost -3.1%
  • MTD: Dow is down -14.67% MTD, on pace for its worst month since Oct. 10, 2008, when the Dow lost -18.15% and on pace for its worst December performance since 1931, when the Dow lost -17.01%
  • YTD: Dow is down -11.84% in 2018, on pace for its worst year since 2008 when the Dow lost -33.84%
  • The Dow hit a new 52-week low today of 21,792.20, its lowest level since September 2017
  • Since Record: Dow is 19.14% below its intraday all-time high of 26,951.81 from Oct. 3, closing in correction levels
  • NASDAQ closed down -2.21% today for its seventh negative day in 8
  • MTD: NASDAQ is down -15.52% on pace for its worst month since October 2008, when the NASDAQ lost -17.73%
  • YTD: NASDAQ is down -10.29% YTD, on pace for its worst year since 2008, when the NASDAQ lost -40.54%
  • The NASDAQ hit a new 52-wk low today of 6,190.17, its lowest level back to August 2017
  • Since Record: NASDAQ is 23.9% below its intraday all-time high of 8,133.3 from Aug. 30, closing in bear market levels

SECTORS:

  • Sectors: 11 out of 11 sectors were negative today, led by Utilities down -4.27%, turning in their worst day since Aug. 8, 2011, when the sector lost -5.47%
  • 10 out of 11 sectors closed in correction levels or worse today:
  • Energy — 31.24% below their May 21 52-week high, closing in bear market levels
  • Materials — 26.15% below their Jan. 26 record close, closing in bear market levels
  • Financials — down 26.09% from their Jan. 26 52-week high, closing in bear market levels
  • Industrials — 25.23% below their Jan. 26 record close, closing in bear market levels
  • Tech — 24.13% below their Oct. 3 record close, closing in bear market levels
  • Consumer Discretionary — 22.99% below their Sept. 27 record close, closing in bear market levels
  • Communication Services — 22.61% below their Feb. 1 52-week high, closing in bear market levels
  • Consumer Staples — down 17.29% from their Jan. 26 52-week high close
  • Health Care — down 15.63% from its Oct. 1 record close
  • Real Estate — down -12.76% from its 52-week closing high
  • The least negative sector today was Communication Services — down -2.02% today
  • Sectors MTD: 11 out of 11 sectors are negative MTD, led by Energy down -18.1% on pace for its worst month ever through our history back to 1998, the next worst month is October 2008, when Energy lost -18.01%
  • The least negative sector MTD is Utilities, down -6.76%
  • Sectors YTD: 11 out of 11 sectors are negative YTD, led by Energy, down -25.31% YTD
  • Note all the S&P sectors have not closed in negative territory for the year since 200
  • The most positive sector YTD is Utilities, down -2.1%, closely followed by Health Care, down -2.31%

OTHER MARKETS:

  • Gold (FEB) has hit a high so far today of 1,273, its highest level since Jun. 25, when gold traded as high as 1,274.4
  • WTI (FEB) has hit a low so far today of 44.10, its lowest level since July 11, 2017, when WTI traded as low as 43.83
  • MTD: WTI is down -13.37%, on pace for its third straight negative month for the first time since June 2017 and its 4-month losing streak
  • QTD: WTI is down -39.82%, on pace for its worst quarter since Q4 2014, when WTI lost -41.56%
  • YTD: WTI is down -27.06% on pace for its worst year since 2015, when WTI lost -30.47%
  • Brent (FEB) has hit a low so far today of 51.83, its lowest level since Aug. 31, 2017, when Brent traded as low as 50.56
  • Dollar index is trading down -0.48%, on pace for its third negative day in 4
  • MTD: Dollar index is down -0.80%, on pace for its first negative month in 3
  • YTD: Dollar index is up 4.74%, on pace for its fifth positive year in 6
  • US 2-year note yielding 2.5927% vs last Friday’s close of 2.643%, hitting a low today of 2.589%, its lowest level since Aug, 22, when the 2-year yielded as low as 2.587%
  • US 5-yr note yielding 2.5927%, yielding about equal to the 2-year at 2.5927%

[“source-cnbc”]

Boys, 11 And 12, Named For UP Cow Slaughter; Spent 4 Hours With Police

Two children, 11 and 12, have been named as accused in a case filed over cow slaughter allegations that led to a frenzied mob murdering a police officer in Uttar Pradesh’s Bulandhshar.

The boys, who are cousins, are among seven named in a complaint of cow slaughter filed after carcasses were found strewn around in a forest near village Nayabans in Bulandshahr.

The complainant, Yogesh Raj, is a Bajrang Dal activist who is the main accused in mob killing of inspector Subodh Kumar Singh. He is missing since the incident.

Yogesh Raj is seen in a video arguing with the police and demanding action against cow slaughter on Monday, shortly before the situation went out of hand and a mob attacked policemen, burnt the police outpost and set vehicles on fire.

Yogesh Raj’s complaint includes two children, one man who does not live in the village anymore, and three names the villagers have never heard.

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Inspector Subodh Kumar was killed in mob frenzy over cow carcasses found near a village in Uttar Pradesh’s Bulandshahr

The village is stunned that children have been named for cow slaughter. The father of one of the boys says they were not even in the village the day of the incident.

“The police came to our house, called us to the police station and kept us there for four hours. They took the names of the boys and took my phone number. I was told we should be called again if required,” the father said.

So six of the seven names in the cow slaughter case are doubtful, NDTV learnt from inquiries in the village. One of the “accused” lives in Faridabad in Haryana and has not stayed in the village in 10 years.

[“source=ndtv”]