The Ticker

Written By Unknown on Jumat, 31 Januari 2014 | 16.30

Ukrainian hackers attack retailers' data

Ukrainian hackers have attacked several dozen small- and medium-sized U.S. retailers in data raids that appear to be smaller and less sophisticated than the ones that hit Target Corp. and Neiman Marcus Group Ltd., according to Bedford-based RSA Security. 
 RSA discovered the theft when it found a large cache of stolen data on a server used by the hackers, according to an analysis posted on the company's website yesterday. The breach, which started Oct. 25 and continued into last week, affected at least 41 companies, including one medium-sized retailer and several gas station chains, said an RSA executive, who asked not to be named because the details are confidential. The hackers compromised credit-card data for about 50,000 customers, an RSA executive said.

RSA said it has notified the FBI and the retailers, which it declined to identify.

State economic growth outpaces U.S.

Massachusetts' real gross domestic product grew at an estimated annual rate of 5.5 percent in the fourth quarter of 2013, outpacing the nation's GDP, which grew at an annual rate of just 3.2 percent, according to a new report.

State economic growth last year exceeded that of the nation in three of four quarters, according to MassBenchmarks, the journal of the Bay State economy.

"The Massachusetts economy appears to be 
benefitting from improving conditions in national and international economies, and by increasingly confident households who are demonstrating a willingness to spend," Alan Clayton-Matthews, MassBenchmarks' senior contributing editor and associate professor of economics and public policy at Northeastern University, said in a statement.

Practically Green raises $3 million

Boston-based start-up Practically Green has raised $3 million, the company said.

Founded in 2010, Practically Green works with employers to create sustainability programs for employees through projects and competitions. Its mobile and Web apps encourage users to keep track of water usage, energy conservation and other categories. Clients include Unilever, MGM Resorts International, NBC Universal and eBay.

Today

 Commerce Department releases personal income and spending for December.

 Labor Department releases the fourth-quarter employment cost index.


THE SHUFFLE

South Shore Bank has announced James M. Dunphy has joined the bank as an executive vice president. Dunphy will oversee South Shore Bank's commercial lending, credit and small business lending operations.


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