Cloud-based password manager LastPass recently fixed a security flaw in its authenticator app. The company's Vice President Cid Ferrara explains how it recently revamped procedures for reporting issues, and is offering new features for consumers and businesses.
"This was a bug that was reported to us responsibly by one of our users. We always are very happy to get that report from our community," said Ferrara. "There's not a software out there that's immune to bugs. It's our job to stay ahead of the bad guys everyday."
This password manager helps people automate process of storing and creating passwords. LastPass's parent company, LogMeIn, tripled quarterly revenue year over year according to its latest earnings report. "There's just really high demand for anyone who can help mitigate risk in terms of cybersecurity," said Ferrara.
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
Shopping expert Trae Bodge discusses how talks between the U.S. and China is good news for now, but uncertainty remains for back-to-school and the holidays.
Jake Traylor, White House reporter at Politico, joins Cheddar to discuss how Trump is aiming to lower drug prices and how it differs from Biden's approach.
Sheryl Palmer, CEO of Taylor Morrison, talks tariff uncertainty, being a female leader in a male dominated industry and what homebuyers need to know. Watch!