An anonymous reader quotes a report from Yahoo: The clairvoyant folks over at the World Economic Forum warned of a “Fourth Industrial Revolution” involving the rise of the machine in the workforce, and the latest company to lend credence to that claim is none other than Walmart, which is planning on cutting 7, 000 jobs on account of automation. But the Walmart decision may be a bit more alarming for those in the workforce. As the Wall Street Journal reports (Warning: may be paywalled), the most concerning aspect of America’s largest private employer might be that the eliminated positions are largely in the accounting and invoicing sectors of the company. These jobs are typically held by some of the longest tenured employees, who also happen to take home higher hourly wages. Now, those coveted positions are being automated. The Journal reports that beginning in 2017, much of this work will be addressed by “a central office or new money-counting ‘cash recycler’ machines in stores.” Earlier this year, the company tested this change across some 500 locations. “We’ve seen many make smooth transitions during the pilot, ” said Deisha Barnett, a Walmart spokeswoman. Read more of this story at Slashdot.
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Walmart Is Cutting 7,000 Jobs Due To Automation
River Tam quotes a report from CSO Australia: Enterprise access management firm OneLogin has suffered an embarrassing breach tied to a single employee’s credentials being compromised. OneLogin on Tuesday revealed the breach affected a feature called Secure Notes that allowed its users to “store information.” That feature however is pitched to users as a secure way to digitally jot down credentials for access to corporate firewalls and keys to software product licenses. The firm is concerned Secure Notes was exposed to a hacker for at least one month, though it may have been from as early as July 2 through to August 25, according to a post by the firm. Normally these notes should have been encrypted using “multiple levels of AES-256 encryption, ” it said in a blog post. Several thousand enterprise customers, including high profile tech startups, use OneLogin for single sign-on to access enterprise cloud applications. The company has championed the SAML standard for single sign-on and promises customers an easy way to enable multi-factor authentication from devices to cloud applications. But it appears the company wasn’t using multi-factor authentication for its own systems. OneLogin’s CISO Alvaro Hoyos said a bug in its software caused Secure Notes to be “visible in our logging system prior to being encrypted and stored in our database.” The firm later found out that an employees compromised credentials were used to access this logging system. The company has since fixed the bug on the same day it detected the bug. CSO adds that the firm “also implemented SAML-based authentication for its log management system and restricted access to a limited set of IP addresses.” Read more of this story at Slashdot.