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In the News

OpenAI on track to hit $2bn revenue milestone as growth rockets

February 13, 2024

OpenAI's annual revenue surpassed $2bn due to ChatGPT success, making it one of the fastest-growing tech companies. Foresees doubling figure in 2025 as businesses adopt AI tools. Its ChatGPT and GPT-4 models used by 92% of Fortune 500 companies. Competitors like Google, Meta, and startups like Anthropic also commercializing AI products.

OpenAI on track to hit $2bn revenue milestone as growth rockets Oodaloop

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CVS chief medical officer: 'We are not looking to build the entire healthcare delivery ecosystem'

February 13, 2024

CVS continues health services strategy despite competition, focusing on primary care, retail health, home services, and physician enablement. CMO Sree Chaguturu asserts they aren't building entire health delivery ecosystem, but areas with great opportunity to improve health outcomes. Despite reducing 2024 outlook, CVS exceeded Wall Street revenue expectations for 2023. Increased utilization costs for Aetna Medicare Advantage patients and scrutiny on "middlemen" like CVS Caremark are predicted challenges.

CVS chief medical officer: 'We are not looking to build the entire healthcare delivery ecosystem' Yahoo Finance

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Ransomware attack forces 18 Romanian hospitals to go offline

February 13, 2024

18 Romanian hospitals go offline due to ransomware attack on Hipocrate Information System, encrypting patient data and management system. National Cyber Security Directorate investigates, advises against disturbing IT teams. Unclear if patients' data stolen or which ransomware operation is responsible. Romanian Soft Company, software service provider for attacked system, hasn't publicly commented.

Ransomware attack forces 18 Romanian hospitals to go offline BleepingComputer

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Limiting Cyberattack Blast Radius for Healthcare SaaS

February 13, 2024

Johns Hopkins University and its health system were sued over data breach due to inadequate IT security, implicating the MOVEit file transfer system. Other healthcare systems like Harris Health also affected. The breach led to increased SaaS adoption by healthcare providers, yet attackers already exploit SaaS vulnerabilities, as shown by the Jumpcloud incident. Enhanced security for healthcare SaaS services necessitates Zero Trust architectures, security-focused UX, user control over security policies, data segmentation and multi-tenancy, and accessible security event analysis for institutional customers.

Limiting Cyberattack Blast Radius for Healthcare SaaS MedCity News

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Insights by Kate Gamble
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