business trend – Page 19 – InfoHive

The Data Security Concerns of the 99.7%.

Internal data security threats top all but 0.3% of cyber security concerns.

What are examples of internal data security threats?

Experian predicts hackers will target hospital networks above insurance companies.
Why? hospital patient data is very valuable
How? hospital networks are decentralized and its harder to maintain data security protocols

Tech companies are calling for a Treasury Department UnderSecretary for Technology.

Which tech companies? The big ones- Google, Amazon and Apple- and others

What tech issue are they wanting eyes on? FinTech- of technology in finance

FinTech laws coming to a state near you…

What’s missing from self driving car regulations? Assurances that governmental agencies aren’t trying to gather data.

What type of data could be collected about a self driving car?

The legislative/policy/regulatory buzz word? Privacy.

Federal legislators will be asked to consider incentivizing businesses to build in cyber security into their products.

The EU cyber security laws have experts touting that there will be bigger fines if companies fail to notify customers of data breaches.

Apple is poised to enter health care in these 7 ways:

clinical trial partnership with Beth Israel Deaconess Hospital
precision medicine initiative with Scripps Translational Science Institute
partnered with IBM, Johnson & Johnson and Medtronic on cognitive computing platform called Watson Health Cloud
- offering tailored data analytics services to clinicians
bought a health care tech firm to advance interoperability by aggregating health data into a single digital patient…

U.S. Chamber of Commerce supports cybersecurity czars to reign in regulation
Any czat should work under this industry developed framework: National Institute of Standards and Technology Cybersecurity Framework

Business gather and analyze data to make business decisions. Some businesses are embracing philanthropy and sharing that data with cities.

Examples of cities using data to improve public service:

New York City created the Mayor’s Office of Data Analytics
Chicago has Array of Things, a sensor system to gather and collect data
Boston and Uber are partnering to utilize Uber data to help Boston improve congestion and community planning

Health care attorneys agree that health care industry is at a higher risk for cyber crime. Here’s the data to support it:

88% of ransomeware targets are health care entities
84% of health care attorneys have been involved with clients who must dtermine issues like notification after a breach and adopting internal cyber security controls.

It must be bad if attorneys are agreeing with each other.