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Rockefeller Family Denounces Oil

The Rockefeller family, whose legendary fortune was built by John D. Rockefeller through Standard Oil, announced that its $860 million philanthropic foundation is joining the divestment movement and abandoning fossil fuels. The announcement comes just ahead of the United Nations climate-change summit that starts Tuesday in New York City, and is part of a broadening divestment initiative in which people commit to selling shares of energy stocks. The Rockefeller Brothers Fund has already eliminated investments involving coal and tar sands, while increasing its investment in alternative energy sources, the fund’s president said. Unwinding other investments in a complex portfolio involving a broader range of fossil fuels will take longer, he noted.  

Read it at The New York Times

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Home Depot Says 56 Million Credit/Debit Cards Compromised In Breach

Weeks after it was first reported that Home Depot’s in-store payment systems had been breached for many months, the world’s largest home improvement retailer has finally given some idea about the number of accounts that may have been compromised.

The bad news is that, according to Home Depot, between April and September of this year, thieves stole info on approximately 56 million accounts.

The not-disastrous news is that this number is much smaller than had been predicted, given the volume of customers who shopped at Home Depot during that 5-month period. The Target breach in 2013 only lasted for a few weeks, but resulted in the theft of information of more than 100 million customers.

Home Depot’s statement doesn’t offer an explanation for why the number of compromised accounts is so much smaller than originally predicted, but journalist Brian Krebs, who broke the story on the attack, reports today that it looks like the breach may have been confined to self-service checkout terminals at around 1,700 U.S. stores.

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