GENEVA — U.S. companies are increasingly vulnerable to hacking and other cyber attacks, a senior U.S. official said Thursday and warned a system-wide attack could cause global markets to plunge and trigger widespread chaos.
“It’s one of the biggest headaches for executives, and it’s only going to grow. One of our declassified intelligence estimates put the price tag at the loss to American businesses alone last year at $115 billion,” said Alec Ross, senior adviser for innovation to the U.S. Secretary of State. “This does not even count the forward investments they need to make to harden their IT infrastructure.” This is one of the “new cost centers for business,” Ross said and added, “and what’s worse, if you are a chief executive, one of the problems is you are investing, and you are often doing so with no guarantees.”
“I’ve struggled my whole life to find a bathing suit that fits me that doesn’t look like a maternity bra. I’m proud of the line because it’s an accurate representation of me rather than me putting on someone else’s clothes,” says @atlantabean of her swimwear collaboration with @piaarrobio, LPA X ATL. The two decided on a swimwear collab and increased the industry standard size for the pieces. Read more about the line — and our interview with de Cadenet Taylor and Arrobio — on WWD.com #wwdfashion
Exclusive: Cate Blanchett has been named the first global beauty ambassador for @armanibeauty. Blanchett has been the face of the brand’s Sì fragrance franchise since 2013, and is now representing all of the label’s beauty categories including makeup and skin care. #wwdbeauty (📷: @zefashioninsider)
“From concept to creation, my goal was to create beautiful pieces, with a variety of sizes, all at affordable prices,” said @joansmalls of the swimwear and intimate apparel she designed for @smartandsexysocial. The collection includes neon laced bras, sheer bodysuits and swimwear separates. The intimates collection will launch in July, while the swimwear collection will be available for purchase on Tuesday at select @walmart stores, walmart.com and smartandsexy.com. #wwdfashion