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Facebook says 50M user accounts affected by security breach

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NEW YORK — Facebook says it recently discovered a security breach affecting nearly 50 million user accounts.

The hack is the latest setback for Facebook during a year of tumult for the global social media service.

In a blog post , the company says hackers exploited a bug that affected its “View As” feature, which lets people see what their profiles look like to someone else. That would let attackers steal the “access tokens” Facebook uses to keep people logged in. Possession of those tokens would allow attackers to “seize control” of user accounts, Facebook said.

Facebook says it has taken steps to fix the security problem and alerted law enforcement.

To deal with the issue, Facebook reset some logins, so 90 million people have been logged out and will have to log in again. That includes anyone who has been subject to a “View As” lookup in the past year.

Facebook says it doesn’t know who is behind the attacks or where they’re based. In a call with reporters on Friday, CEO Mark Zuckerberg said that the company doesn’t know yet if any of the accounts that were hacked were misused.

Jake Williams, a security expert at Rendition Infosec, said the stolen access tokens would have likely allowed attackers to view private posts and probably post status updates or shared posts as the compromised user, but wouldn’t affect passwords.

“The bigger concern (and something we don’t know yet) is whether third party applications were impacted,” Williams said in a text exchange. “Facebook offers a login service for third parties to allow users to log into their apps using Facebook. In other words, Facebook is providing the identity management for countless other sites and services. These access tokens that were stolen show when a user is logged into Facebook and that may be enough to access a user’s account on a third party site.

News broke early this year that data analytics firm that once worked for the Trump campaign, Cambridge Analytica, had gained access to personal data from millions of user profiles. Then a congressional investigation found that agents from Russia and other countries have been posting fake political ads since at least 2016. Facebook CEO Mark Zuckerberg appeared at a Congressional hearing over Facebook’s privacy policies in April.

Facebook has more than 2 billion users worldwide. The company said people do not need to change their Facebook passwords, but anyone having trouble logging on should visit the site’s help centre . Those who want to log out can visit the “Security and Login” section of their settings, which lists the places that people are logged into Facebook. It has a one-click option of logging out of all locations.

Ed Mierzwinski, the senior director of consumer advocacy group U.S. PIRG, said the breach was “very troubling.”

“It’s yet another warning that Congress must not enact any national data security or data breach legislation that weakens current state privacy laws, preempts the rights of states to pass new laws that protect their consumers better, or denies their attorneys general rights to investigate violations of or enforce those laws,” he said in a statement.

Wedbush analyst Michael Pachter said “the most important point is that we found out from them,” meaning Facebook, as opposed to a third party.

“As a user, I want Facebook to proactively protect my data and let me know when it’s compromised,” he said. “Shareholders should ultimately approve of Facebook’s handling of the issue.”

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An earlier version of this article incorrectly stated the day of Mark Zuckerberg’s call with reporters.

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AP technology reporter Frank Bajak in Boston contributed to this report.

The Associated Press


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OPEC+ weighs large oil cutback to boost sagging prices

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FRANKFURT, Germany (AP) — The OPEC+ alliance of oil-exporting countries on Wednesday will debate a potentially large cut in the amount of crude it ships to the global economy — a move that could help Russia weather a looming European ban on oil imports and raise gasoline prices for U.S. drivers just ahead of national midterm elections.

Energy ministers from the OPEC cartel, whose leading member is Saudi Arabia, and allied non-members including Russia are meeting in person at the group’s Vienna headquarters for the first time since early 2020 at the start of the COVID-19 pandemic. Russian Deputy Prime Minister Alexander Novak, who has been sanctioned by the U.S., was attending the meeting in Austria’s capital.

A production cut could benefit Russia by establishing higher prices ahead of a European Union ban on most Russian oil imports, a sanction over the invasion of Ukraine that takes effect at the end of the year, analysts at Commerzbank say.

Russia “will need to find new buyers for its oil when the EU embargo comes into force in early December and will presumably have to make further price concessions to do so,” the analysts wrote in a note. “Higher prices beforehand — boosted by production cuts elsewhere — would therefore doubtless be very welcome.”

Moscow also faces a separate push by the U.S. and the other Group of Seven wealthy democracies to impose a price cap on Russian oil by Dec. 5. The EU agreed Wednesday on new sanctions that are expected to include a price cap on Russian oil, an EU official said.

Oil prices surged this summer as markets worried about the loss of Russian supplies from sanctions over the war in Ukraine, but they slipped as fears about recessions in major economies and China’s COVID-19 restrictions weighed on demand for crude.

The fall in oil prices has been a boon to U.S. drivers, who saw lower gasoline prices at the pump before costs recently started ticking up, and for U.S. President Joe Biden as his Democratic Party gears up for congressional elections next month.

It’s unclear how much impact a production cut would have on oil prices — and thus gasoline prices — because members are already unable to meet the quotas set by OPEC+. Yet Saudi Arabia may be unwilling to strain its relationship with Russia even if the world’s largest oil exporter had any reservations about cutbacks and has recently has drawn leaders from Biden to German Chancellor Olaf Scholz to talk about energy supplies.

The Commerzbank analysts said a small trim would likely see oil prices fall further, while the group would need to remove at least 500,000 barrels day from the market to bolster prices.

Such a production cut “would undoubtedly signal to the market the determination and resolve of the cartel to support oil prices,” said UniCredit economist Edoardo Campanella. But supply would drop by less than announced.

“If the group cuts target production by 1 million barrels per day, actual output would likely drop by about 550,000 barrels per day — as countries like Russia or Nigeria that are producing below quota would see their formal target decline but remaining above what they can currently produce,” Campanella said.

At its last meeting in September, the group reduced the amount of oil it produces by 100,000 barrels a day in October. That token cut didn’t do much to boost lower oil prices, but it put markets on notice that OPEC+ was willing to act if prices kept falling.

International benchmark Brent has sagged as low as $84 in recent days after spending most of the summer months over $100 per barrel. U.S. oil prices fell below $80 per barrel Friday. Ahead of the meeting, U.S. crude traded at $86.38 and Brent at $91.66.

The White House declined to comment before OPEC leaders made a final decision on oil production, but press secretary Karine Jean-Pierre told reporters Tuesday that the U.S. would not extend releases from its strategic reserve to increase global supplies.

“We’re not considering new releases,” Jean-Pierre said.

Biden has tried to receive credit for gasoline prices falling from their average June peak of $5.02 — with administration officials highlighting a late March announcement that a million barrels a day would be released from the strategic reserve for six months. High inflation is a fundamental drag on Biden’s approval and has dampened Democrats’ chances in the midterm elections.

Gasoline prices recently turned up because of refinery outages in California and Ohio, and vary widely, from over $6 per gallon in California to under $3 in some parts of Texas and the Gulf Coast, according to motoring club federation AAA. The national average of $3.80 is up slightly but down from a record high on June 14.

One major factor weighing on oil prices has been fears of recessions in places like the U.S. and Europe and slowdowns due to China’s strict COVID-19 measures.

Higher inflation is sapping consumer purchasing power, while central banks are raising interest rates to cool off overheating prices, a step that could slow economic growth. Oil prices at their summer highs, and higher natural gas prices boosted by Russian cutbacks to Europe, helped fuel inflation.

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Associated Press reporter Josh Boak contributed from Washington.

David Mchugh, The Associated Press

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CP NewsAlert: Hockey Quebec has 'lost confidence' in Hockey Canada; withholding funds

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Hockey Quebec says it has lost confidence in Hockey Canada and will not transfer funds to the national organization.

The provincial federation confirmed to The Canadian Press that its board of directors adopted a motion Tuesday night saying it does not believe Hockey Canada’s current structure can change hockey culture.

The resolution was first reported by La Presse.

More coming.

The Canadian Press

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