Second quarter net operating income of Dh6 million compared to Dh24 million in Q1 2022 mainly due to lower trading revenues; Net loss attributable to shareholders of Dh170 million in Q2 2022 compared to net income of Dh6 million in Q1 2022
McDonald’s has become the latest company to be hit by a data breach after unauthorised activity on its network exposed the personal data of some customers in South Korea and Taiwan.
McDonald’s Corp. said Friday that it quickly identified and contained the incident and that a thorough investigation was done.
“While we were able to close off access quickly after identification, our investigation has determined that a small number of files were accessed, some of which contained personal data,” the burger chain said.
McDonald’s said its investigation determined that only South Korea and Taiwan had customer personal data accessed, and that they would be taking steps to notify regulators and also the customers who may be impacted. No customer payment information was exposed.
McDonald’s said it will look at the investigation’s findings, coupled with input from security resources, to identify ways to further enhance its existing security measures.
Businesses across various sectors are being targeted by cybercriminals, including some very high profile cases in recent weeks. On Wednesday, JBS SA, the world’s largest meat processing company, revealed that it had paid the equivalent of $11 million to hackers who broke into its computer system last month.
And Colonial Pipeline, which transports about half of thec fuel consumed on the East Coast, last month paid a ransom of 75 bitcoin — then valued at roughly $4.4 million — in hopes of getting its system back online. On Monday the Justice Department announced that it had recovered most of the ransom payment.
Second quarter net operating income of Dh6 million compared to Dh24 million in Q1 2022 mainly due to lower trading revenues; Net loss attributable to shareholders of Dh170 million in Q2 2022 compared to net income of Dh6 million in Q1 2022
The UAE, the company’s largest market, saw high growth in merchant payments processed from domestic consumers at 20 per cent year on year, and payments from international visitors growing 92 per cent
The company's strong balance sheet will support the company’s growth strategy, including investments in digital and technological infrastructure as well as its active merger and acquisition pipeline
The company’s revenue increased 31 per cent to Dh1.041 billion as compared to Dh792 million in first half of 2021 while its operating costs dropped 16 per cent
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Approval would save time, money on Asian routes; Q2 net profit $100m versus loss of $81m a year ago; Revenue up sharply, but still below Q2 in 2019
The transaction includes solar power projects in Turkey’s Karapanar and Gaziantep regions and a wind power project in Ankara
The five-year contract was awarded by Adnoc Offshore to Adnoc Logistics and Services (Adnoc L&S) and underpins the world-class capabilities within Adnoc’s group companies