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Merck has resolved a dispute with insurers regarding a $1.4 Merck and its insurers have agreed with a $1.4 It is one of the largest pharmaceutical companies globally, engaged in the research, development, manufacturing, and marketing of a wide range of healthcare products. billion claim against the insurers.
Now the financial institution is suing its insurance provider for refusing to fully cover the losses. But just eight months later — in January 2017 according to the lawsuit — hackers broke in to the bank’s systems once more, again gaining access to the financial institution’s systems via a phishing email.
We talk to Bruce McDonnell of the East West Institute about how insurers are responding. Related Stories Episode 155: Disinformation is a Cyber Weapon and APTs warm to Mobile Malware Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats NotPetya Horror Story Highlights Need for Holistic Security.
Insurers’ digital focus is looking through the wrong ‘lens’. Tue, 02/28/2017 - 03:52. Read any article on digital insurance and it seems to me that it is all about the insurers! harini.kottees…. Add new comment. Blog moderation guidelines and term of use.
For life sciences and pharmaceutical companies, this includes data on the development and testing of new therapies and details of how therapies are manufactured. In the 2017 WannaCry attack, for example, cyber criminals used ransomware to prevent victims from accessing their IP unless a ransom was paid. What are the threats?
According to statistics from the FBI’s 2021 Internet Crime Report , complaints to the Internet Crime Complaint Center (IC3) have been rising since 2017. According to the 2021 IBM Threat Force Intelligence Index , Manufacturing was the industry most likely to be attacked last year, comprising 23.2% billion in reported losses.
On July 10, 2017, the Cyberspace Administration of China published a new draft of its Regulations on Protecting the Security of Key Information Infrastructure (the “Draft Regulations”), and invited comment from the general public. The Draft Regulations will remain open for comment through August 10, 2017. This post has been updated. .
Wed, 03/15/2017 - 07:00. The use of sensors and wireless communications is enabling information to be captured, transmitted and processed to solve problems and create opportunities in healthcare, utilities, manufacturing, insurance, transportation and many other sectors. Submitted by Rodrigo Gutierrez on March 5, 2017.
A Self-Learning Data Platform breaks down silos among medical affairs, marketing, business intelligence and manufacturing, and helps develop a common understanding of customer data and market insight across all departments. During this phase, there is often enormous pricing pressure from competitive products and health insurers.
In the fiscal year 2017, the SER Group grew more than twice as much as the entire ECM market [1] [1]. The SER Group is a “Visionary” in Gartner’s 2017 Magic Quadrant for Content Services Platforms* (CSP). Hobert, Michael Woodbridge, Joe Mariano, Gavin Tay, October 5, 2017. New international big-name customers.
Like its 2017 predecessor, “Automated Driving Systems 2.0: Pilot testing, with a shift toward allowing testing at any location so long as it meets certain neutral, objective criteria rather than recognizing the designation of 10 specific “automated vehicle proving grounds” (as had been done on January 19, 2017).
» Related Stories Podcast Episode 117: Insurance Industry Confronts Silent Cyber Risk, Converged Threats Spotlight Podcast: CSS on why Crypto Agility is the Key to Securing Internet of Things Identities Cryptojacking and MikroTik’s Bad-Feeling Feel Good Patch Story. "Industry 4.0" We talk about how that might be.
This article was originally written by Drew Robb on July 7, 2017 , and updated by Chad Kime on April 7, 2023. combinations Enables automated response to quickly and effectively contain threats based upon policy from moderate (move to guest network, assign to self-remediation VLAN, apply OS updates/patches, etc.)
Notable Ransomware Attacks CryptoLocker ushered in the modern ransomware age in 2013, and in 2017, the devastating WannaCry and NotPetya ransomware attacks raised the threat’s profile significantly. Education, government, energy and manufacturing are others. There are, however, some industries at higher risk than others.
In November 2017, data governance company erwin partnered with survey company UBM to ask business technology professionals at large organizations about their attitudes on data governance. In addition, industry specific regulations in areas such as gaming or insurance can vary from state to state. The result of this inactivity?
Before joining Preservica in May 2017, I advised more than 40 public and private sector organizations on good recordkeeping practices as an independent consultant, and learned firsthand about their wide-ranging retention requirements. How is Digital Transformation (DX) impacting the need for digital preservation solutions?
The National Association of Insurance Commissioners (NAIC) held its Summer 2018 National Meeting in Boston, Massachusetts, from August 4 to 7, 2018. NAIC Continues its Evaluation of Insurers’ Use of Big Data . The NAIC is also considering insurers’ use of big data in underwriting life insurance products.
Victims of Equifax’s 2017 data breach were given the go-ahead to launch a class-action lawsuit. The alarm manufacturers provide an app – which they claimed was “unhackable” – that allows users to lock their cars using their smartphone. Sensitive data belonging to hundreds of German politicians and public figures was published online.
In the meantime, I want to assure you that Supermicro’s design, manufacturing and quality processes are designed to ensure we provide high-performing, safe, reliable, and secure hardware to all our customers.”. Skelton was arrested in March 2014 and, in July 2015, was jailed for eight years.
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