a check in with potentially serious consequences the un authorized access at cathay pacific was uncovered during routine checks on its internal i.t. system the hong kong authorities were informed of the incident on wednesday. the data exposed includes passenger names physical addresses and passport numbers cathay is now the third major airline this year to reveal it suffered a large scale data breach. last year alone cyber attacks cost companies an estimated four hundred fifty billion dollars and a growing wave of data breaches. the biggest revealed so far was in twenty thirteen when the data of three billion yahoo users was stolen. the second most serious breach involved friend finder in twenty sixteen when the passwords and e-mail addresses of four hundred twelve million users were leaked and last year a cyber attack on american credit bureaus equifax leaked the social security numbers birth dates addresses and driver's license numbers for one hundred forty five million people the data that enable criminals to apply for loans in other people's names. a growing number of attacks now invo

flown cathay pacific before hackers could have some of your most private data and they could have had if i have a you know that's how long it's taken the airline to report this we're talking about the details of some nine and a half million passengers. a check in with potentially unwelcome consequences the unauthorized access at cathay pacific was uncovered during routine checks on its internal i t system but hong kong authorities were only informed of the incident on wednesday the data exposed includes passenger names credit card details and passport numbers cathay pacific is the third major carrier this year to reveal a large scale data breach airlines are prime target for cyber criminals they host a trove of information off customers who are not only affluent but also have credit card payment information is linked to that and also pos point information so that one war options to create. to steal identities last year alone cyber attacks cost companies an estimated four hundred fifty billion dollars in a growing wave of data breaches the biggest tech revealed so far was in two thousa

i have flown cathay pacific recently and then watch out because hackers have a talk with the hong kong based ally and then nine million customer data sets was stolen including possible numbers and home addresses of passengers was why did it take cafe seven months to come clean. thousands take to the streets of well as ira's to protest the spending cuts and president mark prince budget reducing crushing debt. and pristine paradise the philippines most popular tourist destination is recovering from damage thanks to a last minute radical decision. is due to give businesses. hackers have gained access to the personal data of nine point four million passengers of hong kong's cathay pacific airways the hong kong carrier says there is no indication of any data having been used for criminal purposes but it's shares slits to a nine year low as yet to explain why it has only just reported the incident seven months after the attack. but check in with potentially serious consequences to an authorized access a cut a pacific was uncovered during routine checks on its internal system the hong kong au

shares of cathay pacific airways dropped more than 6% today to a nine—year low after it said data of ssed without authorisation. cathay says that in addition to 860,000 passport numbers and about 245,000 hong kong identity card numbers, the hackers accessed 403 expired credit card numbers. that is a pretty serious reach of data at cathay pacific. that is business briefing. the equality and human rights commission has warned that britain is in danger of becoming a two—speed society that's hard to fix. its latest report to parliament on discrimination says there's been some progress, but also greater struggles for the disabled and ethnic minorites. mark easton has the details. the fight against what she called burning injustices was the prime minister's top priority when she took office. >> we will make britain a country that works not for a privileged few but for every one of us. battle will be the mission of the government i lead. and together we will build a better britain. today but a report from the e h ra better britain. today but a report fromtheehrac better britain. today but a

the news from cathay pacific has millions of customers now worrying about the misuse of their personal data. on itself is under pressure to explain why it took seven months to make such a massive data breach public. one of those questions i'd like to discuss with there is a local she's not here but writing for vice germany welcomes to the tourism how serious is this breach it is pretty serious there are over nine million costs of affected and. has a lot of personal. in these accounts that were exposed. it is not that serious in the regard that there are only expired credit card information . being exposed this time around but nevertheless attackers could pass these data around the dock where for example and also build comprehensive does he is that could be used for fishing tax fraud or other criminal activities this is this brings me to my next question what can actually be done with this kind of days or who buys this is it is it money is of money in serious money in a sure what can we can they can be sold on on the dock where particular forum specialized. leaked out on heck data. and

these are baggage handlers for cathay pacific airways. keep this going.king a good, hard look at this. this is in hong kong. >> that one didn't even go in. >> you got to really cathay pacific is one of the best reputations were dealing with things like luggage in everything. >> not anymore it doesn't. >> not anymore. there's so much of what happens to not only your bags going through, but imagine if you have a dog that you're carrying or something like that. >> .not sunday. >> no, no. >> i always suspect. that's way better put it in the overhead or just forget it. >> "the evening edit" starts right now. >> we honor the men and women who turn dreams into reality with their own to beautiful hands. an americana, we honor all of you with cable, copper, why your copper, why your come and steal. you are the one slighting america's path forward. so important. the once rebuilding this land that we love. you are the ones making america greater than ever before. elizabeth: president trump really sharply focused right now on jobs and wages. the president visiting wi

cathay pacific dropping to a nine-year low, after reporting a data hack. passport id numbers of a number of esther's hacked. jet airways in india also one of the weaker performers. they said they have not sought a minority rim -- moratorium on loans. a&p in sydney, the worst performer. az wealth protection unit. hyundai, saying they expect earnings to rebound in the fourth quarter. they see a slowdown in trade tensions weighing on overall numbers. story fettered by the fx in emerging markets. great roundup from our singapore studios. market slump has wiped out gains in the west. it is spreading to asia. how big of a stock rout would it take for the fed to posit were slow down its tightening cycle? pause or slow down its tightening cycle? >> if we had a decline of 30%, it could change what they are doing. it is to them, a garden-variety correction. manus: that was the guggenheim global ceo. let's ask our guest. the senior investment strategist for global fixed income at blackrock. welcome to the show, good to see you. the market is repricing the fed. what w

my series out it's worse than losing your head and i wish i learned that if you have a phone cathay pacific i've never flown i have several i have had my my luggage lost and that was a nightmare well the u.k. is find a what are we doing where jumping to another story let me give you this story first of all those. hackers could have some of your most private data and they could have had it for half a year that's how long it's taken the airlines to report this to authorities and the public but talking about the details of some nine and a half million passengers the first let me bring you this story when. the u.k. has filed facebook six hundred forty four thousand dollars over its above in the cambridge analytic adult a scandal of personal data of millions of facebook profiles was harvested without user consent if i will not the social media companies billion dollars off of why but it is the maximum allowed under law at the time of the breach scandal has put pressure on facebook shares have defied more than fifteen percent since the beginning of the year amid a broader tech stock market rout i

to the world's largest international cargo airline a flag carrier of hong kong cathay pacific airwaysd has disclosed hackers have breached the accounts of up to nine point four million cathay customers information at risk reportedly includes e-mail addresses and passport numbers my guys passport numbers company officials also reportedly admitted some customer credit card information was stolen albeit without those three digit security codes airline management system hackers did not obtain any passwords the incident of the sequel to that hack we told you about before with british airways which they disclosed last month airlines are a prime target precisely because they handle it whole so much critical consumer information cathay says they flagged suspicious network traffic in march of this year and confirmed the hacking in may cathay did not and through a media question of why they waited so long to disclose the breach. they stock fell at the hang seng in hong kong of course on the news. the italian competition authority has fined tech giants apple and samsung five million euro's and f

cathay pacific shares have come under massive pressure today as the hong kong based allan has reported a data breach one of asia's biggest airlines cathay says a hacker gained access to information on more than nine million passengers the hack which exposed personal information of customers including passport and telephone numbers happened earlier this year but was made public only yesterday however the carriers says there has been no evidence of misuse of the information so far have a pacific is the third major airline to report a data breach this year after british airways and delta admitted similar incidents . european central bank holds its monetary policy meeting later today. investors will be looking for any new guidance acknowledging the political standoff between brussels and roll over italy's free spending budgets italy and the e.u. are at loggerheads because they're deeply indebted state is resisting austerity measures from brussels says that italy he used third largest economy is putting the security of the whole monetary union address the european central bank has reported

reline a flag carrier of hong kong cathay pacific airways ltd has disclosed hackers have breached the accounts of up to nine point four million cathay customers information at risk reportedly includes e-mail addresses and passport numbers my guys passport numbers company officials also reportedly admitted some customer credit card information was stolen albeit without those three digit security codes airline management says that hackers did not obtain any passwords the incident of the sequel to that hack we told you about before with british airways which they disclosed last month airlines are a prime target precisely because they handle it whole so much critical consumer information cathay says they flagged suspicious network traffic in march of this year and confirmed the hacking in may cathay did not and through a media question of why they waited so long to disclose the breach cathay stock fell at the hang seng in hong kong of course on the news. the italian competition authority has fined tech giants apple and samsung five million euro's and five point six million dollars that's

hasn't cathay pacific come under massive pressure today as well but for different reasons the home base has reported a massive data breach he says good access to information on more than nine million passages which expose personal information of cost of us including passport and telephone them just happened earlier this year but was made public only yesterday however the carriers says there has been no evidence of misuse of the information so far pacific is the major airline to report today to breach this you know the british airways and delta airlines admit it's similar incidents. says lies back on the block for the first time in two years the production run for the mobile three so the. electric comic opposed to net income or three hundred and eleven million dollars in the last quarter also calming shareholders know the launch of the model three had been delayed by a series of technical and just tickle glitches has repeatedly failed to hit unrealistic production targets and deadlines set by c.e.o. in on mass while the new figures and market carmakers best ever awnings this is just the

shows and cathay pacific have come on the must massive pressure today but for altogether different reasons the hong kong based allan one of asia's biggest has reported a big data breach says gained access to information on more than nine million passengers that would use those personal information of customers including passport and telephone numbers happened in march this year but was only made public yesterday however the carriers says there has been no evidence of misuse of the information so far as if it is the major airline to report the days of rage this year of the british airways and delta airlines admitted similar incidents. tesla's back of the black for the first time in two years the production run for the model three so the us electric car maker posed a net income of three hundred eleven million dollars in the last quarter also coming shareholders in the launch of the mobile three had been. delayed by a series of technical stickle glitches repeatedly failed to hit unrealistic production targets and deadlines set by c.e.o. in a mosque while the new figures marked the carmaker's

shares of cathay pacific airways have dropped more than 6% to a nine—year low after it revealed a datand 9.4 million passengers had been accessed without authorisation. the hackers obtained passport numbers and hong kong identity card numbers. the state of new york has taken legal action against exxonmobil, accusing the oil giant of misleading investors about the risks of climate change to its business. exxon allegedly downplayed the potential costs of new greenhouse gas regulations, despite assuring investors it had accounted for the risks. the company has pledged to fight the allegations in court. asia stocks have all opened in the red this morning after a bruising session on wall street which saw two of the three main indexes erase their gains for the year. they closed down quite significantly. joining us now from our asia business correspondent is karishma vaswani. .. talk us through today and some of the reasons for those declines? well, sally, across the board we have seen share markets in asia see about two to 3% shaved off the indices,japan, about two to 3% shaved off the indic

more news now with your hard sell for is and we start with cathay pacific which seems to have a security problem that's right after the shares have come under massive pressure today as the home base the airline has reported a massive data breach one of his biggest. says a hacker gained access to information on more than nine million passengers which exposed personal information of customers including passport and telephone numbers earlier this year but was only made public yesterday however the carrier says there has been no evidence of misuse of the information so far pacific is the third major airline to report a data breach this year of the british airways and delta airlines it merged similar incidents. back of the block for the first time in two years the production ramp up for the mobile three saw the u.s. electric comic post a net income of three hundred and eleven million dollars in the last quarter also calming shareholders nerves the launch of the mobile three had been delayed by a series of technical and logistical glitches has repeatedly failed to hit unrealistic production ta

not the sort of advertising cathay pacific would like. >> not great. >> you recall just a week ago theyhat plane that had the missing "f" on it for pacific, and now you have these baggage handlers that are doing their thing. >> a pr problem for them. we'll look into that. >>> now we're turning gears to a hot car death update. unfortunately, it's reaching a grim milestone. >> since january, 48 children have died from being left in hot cars, according to the national safety council. that's just one death away from the record set in 2010. the council warns that even though temperatures are falling, children are still at risk. so far south carolina tops the list of states with most hot car deaths with six of them. >>> the federal government's cracking down on e-cigarettes. the fda raided the san francisco headquarters of juul labs, the nation's top e-cig maker. juul is popular with many teens because it offers fruit flavors. the fda says nicotine vaping is an epidemic. juul is cooperating with the investigation. >>> coming up, everything you thought you knew about mean girls, the movie "mea

more expensive jet fuel is negative for cathay pacific, which raised employers revenue outlook. portfolio seen as being resilient and the marine services division will only benefit if the oil price stays at a high level for the same period. armi: $.10 music streaming is offering ipo, preparing to sell shares after reporting of first quarter profit drop following restrictions imposed by beijing. 43% in hong kong this year. and the first sports club to surpass a billion dollars in revenue. the club set it on a fraction over a billion dollars for the eight straight year it close with a profit. it was the figure in a row it broke its own income records. the club said one reason for the increase was the news cycle of payments for the champions league. next, jaye in at powell is staying the course, saying he's not worried about inflation despite record low unemployment. discuss the likely next move with the fed. this is bloomberg. ♪ haidi: it's a: 30 a.m. in sydney where markets open for trading in just about -- 8:30 a.m. in sydney. sydney markets will close down about 0.8% yesterday.

more expensive jet fuel is negative for cathay pacific.e services division will only benefit if the oil price stays at a high level for a sustained period. shery: foreign exchanges over around in -- exchanges overwhelmed in iran. dealers in tehran offering 135,000 riyals to the dollar. the riyal has suffered since president trump withdrew from the nuclear deal and threatened to impose new sanctions. not clear if the rally can be sustained. haidi: fc barcelona claims it is the first club in the world to pass $1 billion in revenue. eight straight year it closed with a profit. clubs a big year, the saying one reason for the increase was the new cycle of payments. mark zuckerberg has won the support of facebook's leading board members. toing he is the right person lead the company after trust issues and privacy lapses. hyperloop transportation echnologies in spain to unveil a high-speed system claiming two top speeds of 1200 kilometers per hour, meaning a trip from madrid to barcelona would take about 25 minutes. the hyperloop is a system that

cathay pacific seven is entering ra of growth, but analysts have questioned its long-term viability forime. it is here to shore up its balance sheet and maintain its loan. out of the company make it through the make or break? joining us now on the phone for his first interview of the day nor asian airline. how concerned are you about the future? .- norwegian airline how concerned are you about the future? bjØrn: thank you. there concerned about market, the market is concerned. growth, and weon know the costs that we have done -- thet quarter, and benefit of that. francine: what is going on with him and a, sir? and a, sir? have they tried to combine with you again? a -- they could come to me in a very good management team. duty is to take care of them. francine: just to make sure we understand you correctly, are you speaking about m&a opportunities? come forward with an offer, or have you rejected any offers? but i i cannot say that, can assure the board i am doing that, and we are taking care of all of the security and i.t. i will talk to you and little bit of the and how many more you

meanwhile, the airline cathay pacific says the personal data of up to 9.4 million passengers have beenh street. debenhams has confirmed it is closing a further 50 stores. the location of the stores is not yet known. nor the extent of thejob is not yet known. nor the extent of the job losses associated, although the job losses associated, although the bbc does believe around 4000 jobs are threatened. the retailer has announced its worst loss for 240 yea rs, has announced its worst loss for 240 years, four times the value of the company on the open market. maureen hinton is group research director at globaldata retail. they have bitten the bullet here, revealed the true extent, shall we say, of their financial position but what is really interesting is the icing the stories they want to close our profitable. what does that say about the internal forecast about the health of the high street? they would say they are profitable but they are forecasting they will not be in the future. they must have some idea what stories they are thinking of closing. do you think they are going to be able t

with cathay pacific. >> highly rated. stuart: and general mills going back to the 90s with his trix serial. >> silly rabbit, trix offer kids. i am more of a cap'n crunch kind of girl but general mills received more than 20,000 inquiries to bring back the fruit shaped serial trix. millennials, they are consumers. stuart: five years old? >> they like the different colors and shapes. stuart: is a serious financial -- we've got it. check it out, please. the dow industrial will be down about 30 points, who cares? we were way up yesterday. back with the opening bell after this. stuart: the dow jones industrial average will open in approximately 20 seconds. please remember that yesterday we had a very nice day, we went straight up. the dow closed with a gain of 192 points. closing at 26,651. in 10 seconds will find out how far down we are going this morning. a few points, the last time i mentioned italian banks are a problem for us this morning. here we go, 9:30 am eastern time. we are down two, down eight, down 12, not exactly