Ecnomy

The IT attack against Tietoevry
Sources: Warned of flaws in Tietoevry before attack

Before the hacker attack in Tietoevry, internal tests showed a large vulnerability. In addition, several authorities warned of a lack of security, according to sources who worked at the company for SvD Näringsliv.

A source states that Tietoevry prioritized investments in security and that its own penetration attempts succeeded due to easy passwords, which were often "admin".

Another source testified that recommendations to invest more in security were three times removed from board materials, at the behest of CEO Kimmo Alkio. This is to keep the profit up.

- The strategy has been to maximize profit now.

In an email reply, Tietoevry writes that what is said to SvD is not true and that it has invested "significant amounts" in security.

.........................................

Economy
Chris O'Neill starts a company in Sweden before the move

Last year the announcement came: Princess Madeleine and her family are moving to Sweden. Now her husband, financier Chris O'Neill, has started a company in Sweden, writes Expressen.

In the company Belgravia Advisors AB, which is registered at the Swedish Companies Registration Office, there are three people on the board: O'Neill's close friends Cedric Notz and Marco Wajselfisz.

Expressen writes that Belgravia Advisors will engage in financial advice.

.......................................

Economy
Earns 40,000 a month - at a fish factory in the Faroe Islands

Adam Rönneholm and Jonna Pirinen Sjöholm have both taken jobs at a fish factory in the Faroe Islands. Here, Adam estimates that they earn twice as much as they would at home, he tells DN.

The salary of the equivalent of SEK 260 per hour gives a monthly salary of around SEK 40,000. Both graduated last year and consider the salary good for their age.

- For me, the salary is a big reason why I went here, says Adam to DN.

..........................................

Population growth in the world
Demographic peak in the EU closer than expected: "A revolution"

The birth rate in the EU is falling faster than expected, which means that the Union's population peak may come earlier than 2026, as Eurostat previously calculated. This is reported by the Financial Times. Thus, the EU appears to be facing the same demographic problems that countries such as China and Japan are already grappling with earlier than expected.

With an aging population, productivity declines at the same time as pension systems are squeezed and the burden on welfare increases.

- The EU is on the brink of a demographic revolution, which requires us to rethink deeply, says Dubravka Šuica, who owns the issue within the European Commission.

Economically, one consequence of a shrinking working-age population is that future growth will be "persistently low", according to Oxford Economics.