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USPS “Informed Delivery” Exposes Data Of 60 Million Users 

Daniel Chase

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Remember how your mother and I always use to say, “if it isn’t broken, don’t fit ix?” Well, about two years ago, the United States Postal Service (USPS) thought it was high-time to spice things up a bit. With the advent of powerhouse shipping companies like UPS (UPS), and FedEx (FDX), coupled with the invention of email, the USPS needed something sleek, something sexy to recapture the attention of American consumers and retired stamp collectors. Well, one thing led to another and USPS unveiled a service called “Informed Delivery,” which scans the outside of your mail and emails you images each morning before the mail is delivered. To loosely reference a quote from one of my favorite films, it was the mail service we deserved, but not the one we needed right then and there. 

Two years after “Informed Delivery” was rolled out, an authentication weakness in a USPS application program interface, or API, resulted in the information of 60 million users being exposed, according to TechCrunch on Monday. The specific malfunctioning API was the USPS’ “Informed Visibility” which, according to the Postal Service, is designed to let businesses, advertisers and others “make better business decisions by providing them with access to near-real-time tracking data” for mail campaigns. Several media outlets reported that the security flaw from the “Informed Delivery” service lets any user in the network search and gather information on any of 60 million users, including email addresses, phone numbers, passwords, and more. 

The hole in the USPS API was discovered by an anonymous researcher who allegedly reported the issue to the mail distribution department several times in the last year. It wasn’t until Brian Krebs, a cybersecurity expert and contributor for the Washington Post, pressed USPS answers that they commented on the data exposure:

“Computer networks are constantly under attack from criminals who try to exploit vulnerabilities to illegally obtain information. Similar to other companies, the Postal Service’s Information Security program uses industry best practices to constantly monitor our network for suspicious activity…

…Any information suggesting criminals have tried to exploit potential vulnerabilities in our network is taken very seriously. Out of an abundance of caution, the Postal Service is further investigating to ensure that anyone who may have sought to access our systems inappropriately is pursued to the fullest extent of the law.”

USPS Statement Responding to Data Breach 

The U.S. Postal Service has had a more difficult year than most. Back in August, the USPS was held responsible for accidentally leaking an unredacted copy of a congressional candidate’s personal security file to a Republican super PAC. Abigail Spanberger was caucusing to be Virginia’s Democratic candidate for Congress when the Postal Service unintentionally released her federal security clearance application from before she became a CIA operative. According to a Fortune piece released at the time, the “SF86” form contained highly personal information about Spanberger, including her social security number and medical records. The Postal Service publicly admitted responsibility in a statement given to The New York Times. A USPS spokesperson said that “full responsibility for this unfortunate error” would be taken and “immediate steps” would be put in place to ensure that this would never happen again. 

The super PAC accused of illegally acquiring Spanberger’s documents, affiliated with House Speaker Paul Ryan, claimed they attained the documents through a standard Freedom of Information Act (FOIA) request requesting information from the National Personnel Records Center, and continued to accuse Spanberger of only reacting because “official government documents showed a past employer she didn’t want voters to know about.” Fortune reported that representatives from the super PAC were referring to the fact that Spanberger once worked as a substitute teacher at an Islamic school in Virginia. 

For countless generations, the U.S. Postal Service has served the integral purpose of connecting people via written correspondence and delivering of parcels/packages, but as the days of snail mail come to a close, I offer my same sentiments to the USPS, if it wasn’t broken, you had no business trying to fix it. 

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Blackberry Stock Price Corrects 23% In A Month, A Value Buy?

Jon Phillip

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There was a time when BlackBerry Limited (BB) used to be one of the leaders of the telecommunication industry by virtue of its smartphones. However, the company’s glory days are well in the past and the stock declined by more than 15% recently after it released its results for Q1 2019. The stock is now trading less than $8 but at the same time, it is important to note that the company has managed to deliver as far as its top-line figures are concerned.

Poor Earnings Lower Blackberry Stock Price

The software and services division is now the company’s most important division. It has emerged as the biggest revenue generator for the Canadian company. Overall sales for Blackberry rose 16% year over year in the latest reported quarter.

Special Report | On-Demand Tech Companies Hit Billion-Dollar Valuations; Here’s How Investors Can Capitalize In The Market

However, in the software and services, it was a far more pleasing picture. Its GAAP revenues rose 27% year over year. The company seems to be on the right track in terms of its plan to turn around. But the market doesn’t seem to take a fancy to it. The reasons behind this might have something to do with allegations made by certain parties.

They say that the company uses non-GAAP methods to report earnings. If there is any kind of accounting cloud over a company, growth may be far away.

Where Does This Leave Blackberry Stock Price?

However, Blackberry has been quick to defend itself against these allegations. Financial disclosures of the company are fully SEC compliant. It remains to be seen whether the SEC takes an interest in the matter.

This problem has been the biggest reason behind the underperformance of Blackberry stock price. That’s despite the company’s decent performance. The acquisition of machine learning company Cyclane is also a positive development. But it remains to be seen how it affects Blackberry’s future growth.

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Uber Technologies (UBER) Stock Price Hits $45 Mark Again; Are Delivery Stocks Set To Fly?

A. Lawrence

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Uber Technologies (UBER) stock price hit its IPO level of $45 again. Since its IPO, this becomes the fourth time that the company has hit its $45 mark. Each time it has been a real challenge for the company to rise above the IPO price.

Uber has made its name through its market dominance however it’s growth continues to be slow-paced and also has continuous losses, making Uber less attractive to many. However, the thing that Uber has done is bring more attention to the on-demand and delivery stock arena.

Special Delivery: Small-Cap Delivery Stocks Are Gaining Ground In Cannabis

Driven Deliveries Inc. (OTC: DRVD) is one of the only publicly traded cannabis delivery service operating in the United States. Now that’s what we call first-mover advantage. Driven Deliveries provides on-demand marijuana delivery in select cities where allowed by law. The service provides the legal cannabis consumer the ability to purchase and receive their marijuana in a fast and convenient manner.

>>Read More>> Two Massive Growth Industries, One Choice for Investors

Consumers are growing increasingly lazy with most of all purchases from retail to food shopping being done online. And now you can add weed to that list. Driven Deliveries (OTC: DRVD) is quickly gaining steam in legal US markets as the new delivery option for customers is resulting in increased revenue and transactions for dispensaries.

Food delivery apps and services such as GrubHub and Uber Eats have already expanded revenue generated in the food-service industry by 22% or more. Consumers love getting what they want without having to leave their house to get it, plain and simple.  

In Spite Of Being A Broken IPO, Still Worth An Investment

Cannabis is just one small niche expanding into the on-demand technology market. Uber has always managed to capture the headlines. This week it did that by launching itself in the sixth German city, Hamburg. The company further has plans to acquire Postmates which gives UberEats a heavy competition provided the price is right.

McDonald’s exclusivity with Uber also came to an end this year with the former getting into a contract with DoorDash. The company is set to report its financial results for Q2 on August 8. Uber had given accounts of its earlier performance through the prospectus issued during the IPO.

UBER stock price has been trading at $40 range since June. But, the figure is likely to change in the coming future for better. Uber has been able to disrupt various markets like those of food delivery, personal mobility, and freight logistics. In Q1 results, the company had reported 93 million monthly active platform consumers.

The revenue of the company has been on a slow rise especially on a net basis. The company sends a major portion of the money received to its drivers to keep them encouraged and active. This is a move that is not going away anytime soon. The deep deficits could also prove to be advantageous for the company.

Even though Uber looks like a broken IPO, it still leads in its industry. The concerns with the valuation persist still for good reasons. Uber continues to ride at a market cap which is five times the current year’s revenue. But, one would have to wait till 2025 to see a positive earning in the growing market.

Uber stock price
Disclaimer: Pursuant to an agreement between MIDAM VENTURES, LLC and a third party, Data Marketing Solutions Inc., Midam was hired for a period from 04/22/2019 – 5/22/2019 to publicly disseminate information about Driven Deliveries Inc. including on the Website and other media including Facebook and Twitter. We were paid $50,000 (CASH) for & were paid “0” shares of restricted common shares. Midam has been paid an additional $50,000 and extended its contract to 6/15/2019. Midam has been paid an additional $50,000 and extended its contract to 7/15/2019. We may buy or sell additional shares of Driven Deliveries Inc. Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information.

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Stock Price Friday Update – July 19, 2019

Joe Samuel

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stock market news July

ROKU Stock Price Hits Another Life Time High: Good News For Tech Stocks?

In 2019 alone, ROKU stock has risen by as much as 271% as the company continued to add new customers and boosted revenues from advertising. However, could the latest surge be a signal for the next bull market in tech?

See For Yourself


3 Biotech Stocks To Watch After Big News This Month

Here is a look at 3 biotechnology stocks that proved to be winners recently.

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IPO News: Medallia Goes Public On Friday, July 19

Over 14 million shares of the company will be available to be traded at $16 to $18 per share on NYSE. And of course, investors will be watching MDAL stock price closely. Bank of America Merrill Lynch, Citigroup, and Wells Fargo Securities will oversee the IPO.

Click Here For Full Article

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