CYBERSECURITY
AOL probing security breach

Those passwords you just changed? It’s time to change at least one of them again — that is, if you use AOL.

The company said Monday that it is “investigating a security incident” after being notified that hackers accessed its computer networks. Up to 2 percent of AOL’s millions of users may have been affected, but the company hasn’t provided specifics.

Those who use AOL’s mail service may have had their
e-mail address, postal addresses and address book information compromised. Hackers also obtained encrypted versions of users’ passwords and security questions. AOL said it has “no indication” that the encryption was broken.

In a blog post, AOL also said it does not believe that any financial information — such as debit and credit card numbers, which are also encrypted — was taken as part of the attack.

AOL said it is notifying customers who may have been affected. AOL also cautioned that users should be wary about suspicious e-mails and suggested that users change their passwords and security questions for any AOL services they use.

— Hayley Tsukayama

LABOR
Low-wage jobs drive recovery, study finds

According to a new analysis of Bureau of Labor Statistics data, the industries responsible for the most job creation over the past four years are also the ones that pay the least: jobs pushing retail (a $10.37 median hourly wage), answering phones ($13.33) and serving dinner ($9.48).

Together, these three industries — retail, administrative/support and food and drink services — account for 39 percent of the gains in private-sector employment since the recovery ostensibly began four years ago, according to the analysis by the National Employment Law Project (NELP).

Low-wage industries accounted for 22 percent of the jobs lost during the recession from 2008 to 2010. But they’ve accounted for 44 percent of the employment growth since then, for a net growth of about 1.85 million jobs. That means that the economy is skewed more heavily than it was pre-recession toward the kind of employment that may not even cover basic housing costs.

This pattern differs from the rebound after the last downturn in the early 2000s. Low- and high-wage industries were responsible for roughly equal shares of job growth after the 2001 recession, NELP said.

— Emily Badger

ALSO IN BUSINESS

— From news services

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