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McDonald’s hit by cyber attack – Here’s what’s been breached:

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McDonald’s has been McHacked

McDonald’s is the latest leading company to be hit by a data breach, exposing customers’ details.

The world’s largest fast-food chain restaurant confirmed cyber hackers have tapped into customer files.

The recent breach last Friday affects customers in South Korea and Taiwan, including e-mail, delivery addresses, and phone numbers.

The chain confirmed that it recently hired external consultants to investigate unauthorised activity on an internal security system, prompted by a specific incident in which the unauthorised access was cut off a week after it was identified, McDonald’s said.

Payment details have not been breached.

McDonald’s said it wasn’t asked for ransom, nor did it make any payment to the hackers.

Ransomware attacks have disrupted operations at leading companies around the world in recent months including the Colonial Pipeline Co. and meat supplier JBS.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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