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Southern Company

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Southern Company Breach Exposes Data of 400,000 Utility Customers
cybersecurity7 days ago

Southern Company Breach Exposes Data of 400,000 Utility Customers

Southern Company confirmed that an unauthorized third party accessed limited personal data for approximately 400,000 customers across its utility subsidiaries. The breach affected roughly 300,000 Georgia Power accounts and 100,000 Alabama Power accounts. Exposed information included names, addresses, phone numbers, emails, and the last four digits of Social Security numbers, but not bank or payment card details. The company has stopped the intrusion, engaged law enforcement, and is offering one year of free credit monitoring through Equifax.

"High-Yield Utility Stocks: A Warning Signal for the Economy?"
finance3 years ago

"High-Yield Utility Stocks: A Warning Signal for the Economy?"

Despite utilities falling out of favor with investors, now could be a great time to buy utility stocks such as The Southern Company, Consolidated Edison, and Brookfield Infrastructure. These companies offer high-yielding dividends that have a history of consistent increases. Southern Company's completion of the Vogtle project is expected to boost cash flow and potentially lead to higher dividends. Consolidated Edison's long track record of dividend increases and recent share buyback make it an attractive option. Brookfield Infrastructure's diversified portfolio of stable cash flow-generating assets and consistent dividend growth make it an appealing utility stock.