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Tech is outpacing Wall Street for job growth in NYC

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Tech is leaping past Wall Street in New York. 

The tech industry is creating more jobs than the finance sector. William Dudley, the president of the New York Federal Reserve, said the technology industry was stepping in where finance used to support the local economy, according to CNBC

Wall Street has in the past been integral to New York’s recovery after an economic crisis, Dudley said. This time around, it was the tech sector that provided that key revival. 

“Growth in these high-paying jobs is picking up much of the slack created by the softness of the securities industry,” he said.

New York still isn’t Silicon Valley, but the city’s tech industry is having an increasingly important impact. The subsets of the technology industry that Dudley pointed to as creating the most jobs in New York were internet publishing, e-commerce and scientific research and development.   Read more…

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Ms. A. C. Kennedy
My name is Ms A C Kennedy and I am a Health practitioner and Consultant by day and a serial blogger by night. I luv family, life and learning new things. I especially luv learning how to improve my business. I also luv helping and sharing my information with others. Don't forget to ask me anything!

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Windows 10 included password manager with huge security hole

There's a good reason why security analysts get nervous about bundled third-party software: it can introduce vulnerabilities that the companies can't control. And Microsoft, unfortunately, has learned that the hard way. Google researcher Tavis Ormandy discovered that a Windows 10 image came bundled with a third-party password manager, Keeper, which came with a glaring browser plugin flaw -- a malicious website could steal passwords. Ormandy's copy was an MSDN image meant for developers, but Reddit users noted that they received the vulnerable copy of Keeper after clean reinstalls of regular copies and even a brand new laptop.

A Microsoft spokesperson told Ars Technica that the Keeper team had patched the exploit (in response to Ormandy's private disclosure), so it shouldn't be an issue if your software is up to date. Also, you were only exposed if you enabled the plugin.

However, the very existence of the hole has still raised a concern: are Microsoft's security tests as thorough for third-party apps as its own software? The company has declined to comment, but that kind of screening may prove crucial if Microsoft is going to maintain the trust of Windows users. It doesn't matter how secure Microsoft's code is if a bundled app undermines everything.

Source: Monorail, Tavis Ormandy (Twitter)

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