Trading platform Robinhood announced the personal information of 7 million customers — about one-third of its customer base — was exposed last week as the hacker demanded payment. The culprit obtained email addresses for about 5 million people and full names for a separate group of 2 million people, while a smaller group of about 320 people had additional personal information exposed. Robinhood gained notoriety in January after freezing trades on GameStop after a Reddit user-led run on trading.

$6 million in ransom payments seized in cybersecurity crackdown - WRAL TechWire

White House Highlights Cybersecurity Benefit in Infrastructure Package - NextGov

@campuscodi: Breaking: Robinhood discloses security breach and extortion attempt -Entry point: Hacker social engineered a customer support employee -Hacker then collected the data of at least 5mil users -When discovered, hacker asked for a ransom payment

The Mexico-U.S. border reopened to non-essential travel after 20 months Monday with fewer crossings than predicted as many residents stayed home to avoid potential chaos. The travel restrictions not only kept families apart but also hammered local businesses along the border for nearly two years.

Historic division of ‘the two Laredos’ ends with border reopening - Al-Jazeera

Nonprofit Warns Puppy Smuggling Increase as U.S.-Mexico Border Reopens - NBC San Diego

@MayorToddGloria: Today, we're celebrating the safe and responsible reopening of our border with Mexico. We are a binational region with border communities that are sustained by the free flow of cross-border commerce. This will revitalize the regional economy and reunite our families. #ForAllofUs

Long hours and uncomfortable working conditions during the pandemic worsened an already-existing trucker shortage and caused supply chain issues as warehouses overflowed while waiting for transport. While recent retirements of many drivers added to the shortage, drug tests have also driven the shortage as more than 72,000 truck drivers have failed required drug tests since January 2020.

Mass. towns paying snowplow drivers up to $310 an hour amid shortage - Boston

Truckers may be exempt from federal vaccine mandates - Fortune

@jeannasmialek: Factory production should eventually meet demand. Ports ought to clear. But will there ever be enough truckers? Great read by @maddiengo @AnaSwanson

U.S. Federal Reserve officials shifted their focus to a debate over how much longer high inflation can be tolerated by consumers and businesses. Vice-Chairman Richard Clarida said Monday that although current price pressures are “transitory,” if inflation continues at its current level it will signal a policy failure.

Central bankers take sharply different readings of inflation threat - Financial Times

Consumer inflation expectations reach new high: New York Fed survey - The Hill

New York Gov. Kathy Hochul proposed a $450 million package to boost the state’s struggling tourism industry, including $2,750 payments to up to 36,000 workers who lost their jobs because of the pandemic. The package also includes $100 million in incentives for employers in the hospitality industry to hire back workers quickly, with employers receiving a $5,000 bonus for retaining workings for six months.

New York City’s Tourist Industry Is Poised To Rebound - Forbes

New York’s cultural institutions have a lot at stake as international visitors return. - The New York Times

International tourists land and industry watches for comeback indicators - Crain’s New York Business

"‘Team Transitory’ Joined by Citi Strategists in Inflation Debate" - Bloomberg / Source: Bureau of Labor Statistics

CONTENT FACTS

Turbine Labs has tracked 19,340 media articles and blogs and 15,577 social media posts over the last 24 hours.

The next Turbine Labs Leadership briefing will be delivered on Wednesday, November 10, at 9:30AM ET.

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