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Pharmaceutical companies exploited by phishing scam targeting job seekers

IT Governance

Earlier this month, two major pharmaceutical giants issued warnings about phishing emails targeting job hunters. Unfortunately, red flags like that are ignored in all kinds of phishing scams, and this scheme is a perfect example of why that happens. For example, most ransomware attacks are spread via phishing emails.

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An Interview With the Target & Home Depot Hacker

Krebs on Security

That investigation detailed how the 38-year-old Shefel adopted the nickname Rescator while working as vice president of payments at ChronoPay , a Russian financial company that paid spammers to advertise fake antivirus scams, male enhancement drugs and knockoff pharmaceuticals. “Hi, how are you?

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Four Use Cases Proving the Benefits of Metadata-Driven Automation

erwin

The banking, financial services and insurance industry typically deals with higher data velocity and tighter regulations than most. For example, manually managing data mappings for the enterprise data warehouse via MS Excel spreadsheets had become cumbersome and unsustainable for one BSFI company.

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How data, automation and AI are transforming Business Process Outsourcing into a competitive advantage

IBM Big Data Hub

In the case of insurance giant Generali, for example, IBM Consulting rolled out two new AI assistants in France—one that helped upskill employees and another that interfaced directly with customers. ” One car manufacturer, for example, opened up a conversation by asking about an upgrade to its data servers.

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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

The National Association of Insurance Commissioners (NAIC) held its Summer 2021 National Meeting (Summer Meeting) August 14-17, 2021. Highlights include, among others, adoption of revised risk-based capital bond factors for life insurers, amendments to SSAP No. NAIC Adopts Revised Risk-Based Capital Bond Factors for Life Insurers.

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A Cyber Insurance Backstop

Schneier on Security

In the first week of January, the pharmaceutical giant Merck quietly settled its years-long lawsuit over whether or not its property and casualty insurers would cover a $700 million claim filed after the devastating NotPetya cyberattack in 2017. The 9/11 attacks cost insurers and reinsurers $47 billion.

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The benefits of AI in healthcare

IBM Big Data Hub

Artificial intelligence is used in healthcare for everything from answering patient questions to assisting with surgeries and developing new pharmaceuticals, benefitting both patients and healthcare systems. For example, doctors and other clinicians can dictate notes hands-free, giving them more face-to-face time with patients.