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In the News

CISA director says banning ransomware payments is off the table

July 11, 2024

The debate over banning ransomware payments was a key topic at a recent Oxford Cyber Forum, where CISA Director Jen Easterly expressed skepticism about such a ban being implemented in the U.S. Although some experts, like former UK National Cyber Security Centre head Ciaran Martin, have advocated for a ban, current consensus suggests that it could do more harm than good. A federal ban may drive companies to pay ransoms secretly, undermining accurate threat intelligence and risk management efforts. Furthermore, fake "data recovery" firms could exploit such a ban, increasing fraudulent activities. Instead, the U.S. is focusing on initiatives like improved incident reporting, shared intelligence, law enforcement action, and promoting secure-by-design principles to tackle ransomware threats more effectively.

CISA director says banning ransomware payments is off the table securityintelligence.com

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Healthcare groups say cyber rule should explicitly name insurers, vendors

July 11, 2024

Healthcare organizations are urging that a proposed federal cybersecurity reporting rule should explicitly include insurers and third-party vendors due to their significant impact on the industry, as highlighted by a major cyberattack on Change Healthcare. The rule, proposed by the Cybersecurity and Infrastructure Security Agency (CISA), requires critical infrastructure companies to report cyber incidents within 72 hours and ransom payments within 24 hours. While CISA did not initially include sector-specific criteria for insurers or labs, industry groups argue that these entities are interconnected with the healthcare sector and that excluding them could result in unreported significant cyber incidents. Organizations like the American Hospital Association and the College of Healthcare Information Management Executives highlighted challenges such as the tight reporting timelines and potential duplicative reports, advocating for flexibility and financial support, especially for under-resourced hospitals.

Healthcare groups say cyber rule should explicitly name insurers, vendors healthcaredive.com

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Insurers Pocketed $50 Billion From Medicare for Diseases No Doctor Treated

July 11, 2024

The article discusses recent changes to Medicare health insurance payments, specifically focusing on how the adjustments are tied to patient diagnoses. These changes are designed to incentivize more accurate and comprehensive documentation of patient conditions by healthcare providers. The intention is to ensure fairer distribution of funds and improve the quality of care delivered to Medicare beneficiaries.

Insurers Pocketed $50 Billion From Medicare for Diseases No Doctor Treated — The Wall Street Journal Wall Street Journal

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The barcode turned 50. Here’s how far we’ve come

July 11, 2024

The article commemorates the 50th anniversary of the barcode, highlighting its evolution from simplifying grocery checkouts in 1974 to the modern-day use of QR codes. Carrie Wilkie of GS1 US discusses how barcodes initiated a revolution in efficiency and error reduction for businesses. Modern 2D barcodes, like QR codes introduced in 1994, have gained widespread adoption, especially post-Covid-19, providing versatility for both consumers and retailers. These codes can convey a wide range of information from nutrition facts to promotion deals while also supporting supply chain logistics. Wilkie envisions a future where today’s barcoding technology is replaced by even more advanced solutions.

The barcode turned 50. Here’s how far we’ve come Morning Brew

Read More

CISA director says banning ransomware payments is off the table

July 11, 2024

The debate over banning ransomware payments was a key topic at a recent Oxford Cyber Forum, where CISA Director Jen Easterly expressed skepticism about such a ban being implemented in the U.S. Although some experts, like former UK National Cyber Security Centre head Ciaran Martin, have advocated for a ban, current consensus suggests that it could do more harm than good. A federal ban may drive companies to pay ransoms secretly, undermining accurate threat intelligence and risk management efforts. Furthermore, fake "data recovery" firms could exploit such a ban, increasing fraudulent activities. Instead, the U.S. is focusing on initiatives like improved incident reporting, shared intelligence, law enforcement action, and promoting secure-by-design principles to tackle ransomware threats more effectively.

CISA director says banning ransomware payments is off the table securityintelligence.com

Read More

Healthcare groups say cyber rule should explicitly name insurers, vendors

July 11, 2024

Healthcare organizations are urging that a proposed federal cybersecurity reporting rule should explicitly include insurers and third-party vendors due to their significant impact on the industry, as highlighted by a major cyberattack on Change Healthcare. The rule, proposed by the Cybersecurity and Infrastructure Security Agency (CISA), requires critical infrastructure companies to report cyber incidents within 72 hours and ransom payments within 24 hours. While CISA did not initially include sector-specific criteria for insurers or labs, industry groups argue that these entities are interconnected with the healthcare sector and that excluding them could result in unreported significant cyber incidents. Organizations like the American Hospital Association and the College of Healthcare Information Management Executives highlighted challenges such as the tight reporting timelines and potential duplicative reports, advocating for flexibility and financial support, especially for under-resourced hospitals.

Healthcare groups say cyber rule should explicitly name insurers, vendors healthcaredive.com

Read More

Insurers Pocketed $50 Billion From Medicare for Diseases No Doctor Treated

July 11, 2024

The article discusses recent changes to Medicare health insurance payments, specifically focusing on how the adjustments are tied to patient diagnoses. These changes are designed to incentivize more accurate and comprehensive documentation of patient conditions by healthcare providers. The intention is to ensure fairer distribution of funds and improve the quality of care delivered to Medicare beneficiaries.

Insurers Pocketed $50 Billion From Medicare for Diseases No Doctor Treated — The Wall Street Journal Wall Street Journal

Read More

The barcode turned 50. Here’s how far we’ve come

July 11, 2024

The article commemorates the 50th anniversary of the barcode, highlighting its evolution from simplifying grocery checkouts in 1974 to the modern-day use of QR codes. Carrie Wilkie of GS1 US discusses how barcodes initiated a revolution in efficiency and error reduction for businesses. Modern 2D barcodes, like QR codes introduced in 1994, have gained widespread adoption, especially post-Covid-19, providing versatility for both consumers and retailers. These codes can convey a wide range of information from nutrition facts to promotion deals while also supporting supply chain logistics. Wilkie envisions a future where today’s barcoding technology is replaced by even more advanced solutions.

The barcode turned 50. Here’s how far we’ve come Morning Brew

Read More
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