Aug 2, 2017

HBO tells employees email safe after massive hack

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HBO CEO Richard Plepler told staff Wednesday that he didn't believe that their email system — which had reportedly been the vehicle for a hack earlier this week — was "as a whole" compromised, but that "the forensic review is ongoing," according to Variety. Plepler notified employees in response to reports the day before that 1.5 terabytes of HBO internal documents, including personal information about employees and at least one 'Game of Thrones' script, had been hacked.

Why it matters: From a security perspective, even if the company finds that employees' emails are safe, sensitive information like health records and financial information has still reportedly been leaked. From a financial perspective, HBO continues to have problems with people illegally obtaining their content. (For example, a single episode of Game of Thrones has been downloaded illegally 90 million times, according to piracy analysis company MUSO.)

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Situational awareness

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Catch up on today's biggest news:

  1. Mike Bloomberg offers to release women from 3 NDAs
  2. Wells Fargo agrees to pay $3 billion to settle consumer abuse charges
  3. Bloomberg campaign says Tennessee vandalism "echoes language" from Bernie supporters
  4. Scoop: New White House personnel chief tells Cabinet liaisons to target Never Trumpers
  5. Nearly half of Republicans support pardoning Roger Stone

Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.

Bloomberg offers to release women from 3 nondisclosure agreements

Mike Bloomberg. Photo: Brett Carlsen/Getty Images

Mike Bloomberg said Friday his company will release women identified to have signed three nondisclosure agreements so they can publicly discuss their allegations against him if they wish.

Why it matters, via Axios' Margaret Talev: Bloomberg’s shift in policy toward NDAs comes as he tries to stanch his loss of female support after the Las Vegas debate. It is an effort to separate the total number of harassment and culture complaints at the large company from those directed at him personally. That could reframe the criticism against him, but also protect the company from legal fallout if all past NDAs were placed in jeopardy.