Starbucks launches app update in wake of security concerns
Seattle — Starbucks Coffee Co. announced that it has rolled out an updated version of its mobile app for iOS which provides “added layers” of protection. The company said it encourage customers to download the update as an additional safeguard measure.
The news comes after reports surfaced that the chain’s mobile app was not secure and leaves users vulnerable. In a letter posted on Starbucks’ website, company CIO Curt Garne noted the app update was being done out of caution.
“We’d like to be clear: there is no indication that any customer has been impacted by this or that any information has been compromised,” Garner said. “Regardless, we take these types of concerns seriously and have added several safeguards to protect the information you share with us. To protect the integrity of these added measures, we are unable to share technical details but can assure you that they sufficiently address the concerns raised in the research report.”
Survey: Businesses not managing data effectively
New York — A new survey by KPMG Capital reveal a stark disconnect between C-suite executives who realize the value of big data, but are unsure of how to effectively implement and manage their existing resource. The study, which interviewed 144 CFOs and CIOs from multinational companies, also discovered a large majority of executives (75%) find it difficult to make decisions around data and analytics (D&A), even though 99% consider it to be important to their business.
"We live in an increasingly data-driven world where D&A has the potential to revolutionize the way we conduct and manage business operations across the entire enterprise," said Mark Toon, CEO of KPMG Capital. "From CEOs, to CFOs, CIOs and CMOs, the challenge for today’s executive is understanding how to draw actionable insights from data and turn them into tangible, genuine results. This report demonstrates not only the hunger to harness new D&A capabilities, but also the greater level of support that’s needed to operationalize these insights."
Additional survey findings included:
• Eighty percent of executives agree speed is a key benefit of using D&A.
• Sixty-nine percent consider D&A to be crucially or very important to their current growth plans.
• While the majority of respondents (56 percent) changed their business strategy to meet the challenges of big data, 42 percent of executives admit integrating data technology into existing systems and/or business models is their greatest challenge.
• More than half of all respondents (54%) identified their greatest barrier to implementing a successful D&A strategy was an inability to identify what data to collect.
• Eighty-five percent consider their biggest challenge with analytics to be implementing the right solution to analyze and interpret data.
KPMG Capital was launched in November 2013 by KPMG International to accelerate innovation in data and analytics services and solutions.
Hershey launches new chocolate spread line
Hershey is launching a new line of chocolate spreads, called Hershey’s Spreads. The spreads will be available in three varieties: Chocolate, Chocolate with Almond and Chocolate with Hazelnut.
"The average American snacks more than two times a day and what better way to transform everyday snacks into delicious treats, than with the genuine chocolate flavor that only Hershey can deliver," Anna Lingeris, spokeswoman, the Hershey Company, said. "We have been delivering genuine chocolate experiences in a variety of forms for 120 years and our legacy as the leader in chocolate continues with Hershey’s Spreads."
The spreads are now available nationwide at food, mass, drug and convenience stores in 13-oz. jars, with a retail price of $3.79. Consumers can visit Hersheys.com/Spreads for pairing ideas and recipes.