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May 9, 2024·CSO
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May 8, 2024·Reuters
Ascension, a U.S.-based hospital operator, experienced disruptions in its clinical operations due to a suspected cyberattack, prompting an advisory for business partners to temporarily sever connections to its systems. The healthcare network continues to investigate the incident with assistance from cybersecurity firm Mandiant and has notified the appropriate authorities, ensuring measures are in place to minimize impact on patient care. This event echoes a previous major cyberattack on UnitedHealth's technology unit earlier in the year, highlighting ongoing vulnerabilities in the healthcare sector.
May 8, 2024·CNN
Steward Health Care is selling all 31 of its U.S. hospitals after filing for bankruptcy protection, aiming to manage its $9 billion liabilities without closing any facilities. Despite having high annual revenues and potential value in other assets, the company struggled with financial stability due to burdensome long-term rent obligations and unpaid bills and wages. Steward's plans include auctions for its hospitals and a potential sale of its physician group to mitigate against immediate financial collapse, reinforced by a court-approved interim financing agreement.
May 8, 2024·PR Newswire
A recent survey by Ernst & Young LLP (EY US) highlights a significant gap in cybersecurity preparedness between younger and older generations in the workplace, with Gen Z and Millennials displaying less confidence in their ability to recognize and respond to cyber threats. The 2024 Human Risk in Cybersecurity Survey, which expands on initial findings from 2022, assesses the perceptions of 1,000 US employees on the role of artificial intelligence (AI) in cybersecurity. It reveals that 85% of workers believe AI has made cyber attacks more sophisticated, yet a substantial portion of the workforce is not confident in their ability to use AI responsibly. The findings underscore the importance of incorporating humans into cyber strategy, offering tailored upskilling and training for younger generations, and updating training protocols regularly to address AI-driven threats.
May 8, 2024·Inside Cybersecurity
The Cybersecurity and Infrastructure Security Agency (CISA) has extended the deadline for comments on its proposed cyber incident reporting regulation for critical infrastructure entities to July 3, following industry requests for more time. This extension aims to facilitate further feedback on a significant regulatory proposal aiming to enhance cybersecurity measures within critical infrastructure sectors. The extension announcement was made in a Federal Register notice and was highlighted by House Homeland Security cyber subcommittee Chairman Andrew Garbarino (R-NY) during a May 1 hearing focused on the rulemaking process.
May 8, 2024·Department of Homeland Security
The Department of Homeland Security (DHS) and the Cybersecurity and Infrastructure Security Agency (CISA) have announced changes to the Cyber Safety Review Board (CSRB) membership, including both departures and new additions. Departing members include notable figures like Katie Moussouris, Chris Novak, Tony Sager, and Wendi Whitmore. Joining the board are cybersecurity experts Jamil Jaffer, David Luber, Katie Nickels, and Chris Krebs, with Luber taking over as the Federal CSRB representative from the retiring Rob Joyce, who will continue to serve as a private sector member. The CSRB, established by President Biden in 2022 to conduct fact-finding and issue recommendations following major cyber incidents, is committed to transparency and enhancing the nation’s cybersecurity resilience. The board's membership update signals a continued evolution in its role within the cybersecurity ecosystem.
May 8, 2024·SC Magazine
The article highlights the increasing focus of ransomware attackers on compromising organizations' backups, illustrating a worrying trend that simply backing up data is not enough for protection. A report by Sophos reveals that 94% of surveyed organizations experienced attempts by cybercriminals to target their backups during ransomware attacks, leading to significantly higher ransom demands and payments when backups are compromised. The data emphasizes the critical importance of protecting backups through measures such as multi-factor authentication, suspicious activity monitoring, and regular recovery drills. With attackers successfully breaching backup defenses in various sectors, resulting in doubled ransom demands and significantly higher recovery costs, the article stresses the necessity for organizations to bolster their defenses around backup systems to mitigate the impacts of ransomware attacks.
May 8, 2024·Roll Call
UnitedHealth Group Inc.'s acquisition of Change Healthcare Inc. has been marred by a significant cybersecurity breach that occurred due to a lack of multi-factor authentication on one of Change's web portals, contradicting the cybersecurity measures the company publicly advocated. Despite UnitedHealth's company-wide requirement for such protections, this oversight allowed hackers from the BlackCat/ALPHV group to infiltrate Change Healthcare's systems in February, leading to the exfiltration of data and a subsequent ransomware attack that disrupted the payment processes to healthcare providers. UnitedHealth CEO Andrew Witty disclosed to the Senate Finance Committee the payment of $22 million in ransom to restore services, amidst criticism that basic cybersecurity practices could have prevented the breach. The incident has highlighted the challenges of enforcing cybersecurity discipline within large organizations and has drawn attention to the need for improved security standards across the health care industry.
May 8, 2024·Cybernews
MedStar, an American healthcare provider, has experienced a significant data breach affecting 183,000 patients. Personal and health insurance information was accessed following unauthorized entry into MedStar’s system through employee email accounts. The breach, which took place intermittently between January and October 2023, was disclosed after a comprehensive investigation that concluded in March 2024. Although there is no evidence that the information was used maliciously, MedStar has taken steps to enhance their security measures and has advised patients to monitor their healthcare statements for any discrepancies.
May 8, 2024·AI Business
The Biden administration has introduced an ambitious new U.S. International Cyberspace and Digital Strategy, aimed at fortifying cybersecurity and regulating emerging technologies like AI and quantum computing on a global scale. Spearheaded by the State Department and formulated in collaboration with various federal agencies, the strategy emphasizes international cooperation and lawful, inclusive digital growth. Secretary of State Antony Blinken, speaking at the RSA conference, highlighted the contrast between the U.S. vision of an open, secure digital future and the approaches of authoritarian regimes that utilize technology to suppress human rights. The strategy, aligned with broader national security goals, seeks to protect sensitive technologies from misuse, promote responsible AI development, and address global challenges through technological and diplomatic initiatives.
May 8, 2024·JD Supra
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May 8, 2024·HIPAA Journal
Continuum Health Alliance, a healthcare management organization in Marlton, NJ, reported a data breach affecting 377,119 patients of Consensus Medical Group after discovering unauthorized access to their network on October 19, 2023. The personal information exposed included patients’ names and Social Security numbers. In response, Continuum has implemented additional security measures, offered credit monitoring services to affected individuals, and completed a forensic investigation to address and prevent future incidents. Additionally, Guardant Health in Redwood City, CA, informed clients of a data exposure caused by an accidental file upload online, affecting an unspecified number of patients with varying personal and medical information exposed, albeit without involving financial data or Social Security numbers. Guardant Health has also taken actions to strengthen security protocols and provided additional employee training in response to the breach.
The UK, alongside the U.S. and Australia, has imposed sanctions and publicly identified Dmitry Khoroshev, a high-ranking Russian member of the LockBit cybercrime group. Khoroshev, involved in ransomware activities that have extorted over $1 billion worldwide, is now subject to asset freezes and travel bans. Law enforcement previously disrupted LockBit's operations, seizing their online platform and exposing internal details about the gang. The sanctions emphasize the global crackdown on cybercriminals and highlight ongoing efforts to combat the security threats posed by such illicit activities.
May 8, 2024·Gadgets 360
Google has introduced a new suite of AI models named Med-Gemini, focusing on the medical sector. These models, which are still in pre-print and not publically accessible, have demonstrated capabilities surpassing GPT-4 in benchmark tests. Built from the Gemini 1.0 and 1.5 platforms, Med-Gemini models specialize in analyzing lengthy medical texts and records, providing multimodal outputs (text, image, video) integrated with web search functionalities for enhanced accuracy in clinical reasoning tasks. Through self-training, these models aim to deliver more precise and reliable search results, showing promise in transforming healthcare delivery and patient education.
May 7, 2024·Constellation Research
Dion Hinchcliffe discusses the evolving role of Chief Information Officers (CIOs) in navigating the complex landscape of Artificial Intelligence (AI) integration within enterprises. In 2024, CIOs face increasing pressure from corporate boards to leverage AI strategically and rapidly, despite the technology’s fast-paced evolution and the absence of one-size-fits-all solutions. The article emphasizes the necessity for CIOs to develop a diverse portfolio of AI models, referred to as an "AI model garden," to meet varied business needs effectively and ensure alignment with overarching technology strategies. This approach requires a robust ModelOps infrastructure to manage the lifecycle of AI models comprehensively, ensuring they deliver business value while adhering to governance and regulatory standards. The piece underscores the strategic importance of AI readiness and the critical role of CIOs in fostering a culture of innovation and ensuring the ethical use of AI across the enterprise.
Constellation Research provides a range of services including advisory, custom research, speaking engagements, and technology acquisition to help clients understand and utilize technology effectively. The site features extensive content on various business and technology themes, role-specific research, annual Supernova Awards that recognize innovative companies, and various summits and forums such as the Ambient Experience Summit and the Healthcare Transformation Summit. Access to some parts of the site is restricted, requiring membership or executive network access for more in-depth resources.
Goldman Sachs CIO Marco Argenti, speaking at the Domino Data Lab Rev 4 conference, emphasized the firm's strategic orientation toward becoming a "fully digital company" to remain at the forefront of industry trends. He discussed Goldman Sachs' heavy investment in technology and AI, noting that about a quarter of its workforce is tech-focused. Argenti, formerly of Amazon's AWS, values an external perspective for innovation and highlighted the evolving role of AI in enhancing human capabilities rather than replacing them. He underscored the importance of AI in augmenting productivity and developing synergies between humans and technology, illustrating his vision where each major role at Goldman Sachs would be paired with an AI co-pilot to optimize performance and decision-making processes.
May 7, 2024·Modern Healthcare
Walmart's recent decision to withdraw from the telehealth industry raises concerns about the viability of virtual care models, particularly those pioneered by large corporations. This move might impact the broader telehealth sector's momentum and future development strategies, as big companies reassess the profitability and sustainability of their health tech ventures.
May 7, 2024·IEEE Spectrum
The May 2024 issue of IEEE Spectrum explores the evolving field of AI prompt engineering, highlighting recent shifts from human-crafted prompts to autotuned prompts generated by AI itself. Researchers have found that prompts created by language models can be bizarre yet more effective, raising questions about the future role of human prompt engineers. Despite advancements, the article notes that human roles in AI development will persist, adapting to new challenges in generative AI applications and continuing to require human oversight in various stages. While the article posits that prompt engineering jobs might eventually phase out, the demand for expertise in AI model operations and compliance suggests a continual evolution rather than a complete obsolescence of these roles.
May 7, 2024·Paul Connelly
In a recent article, the concept of "Constructive Conflict" in cybersecurity is explored, highlighting the importance of embracing friction within teams and processes to foster meaningful discussions on cybersecurity risks. It emphasizes the need for leadership to differentiate between negative friction, which can be detrimental, and healthy friction, which is essential for preventing groupthink and ensuring diverse perspectives are considered, especially in key decision-making processes. The article suggests methods for creating opportunities for healthy friction, such as integrating security risk discussions at strategic points within project cycles and business processes. It also outlines several considerations for successfully implementing these friction points, including timing, relevance to the bigger business picture, clarity on the implications of security risks, credibility of the discussions, problem-solving orientation, and collaboration across departments. The goal is to enhance cybersecurity measures without impeding progress, in line with the SEC's recent push for greater transparency in cyber risk management.