Canada’s financial intelligence unit has shut some of its systems down as it manages what it calls a “cyber incident.” The Financial Transactions and Reports Analysis Centre of Canada, or FINTRAC, says the incident does not involve the centre’s intelligence or classified systems. FINTRAC’s mandate is to facilitate the detection, prevention and deterrence of money … Read more
Network security graphic user interface background. Da-kuk | E+ | Getty Images When most people hear about cybersecurity hacks they envision frozen monitors, ransomware demands, and DDoS attacks that compromise connectivity for a few hours or even days. Some experts, though, are worried that with the arrival of widespread artificial intelligence in the hands of hackers … Read more
In this photo illustration, UnitedHealth Group Inc logo seen displayed on a tablet. Igor Golovniov | Sopa Images | Lightrocket | Getty Images Change Healthcare on Friday said it’s finished setting up a new electronic prescription service, which could help provide some relief to pharmacies and physicians that have been struggling to contend with the … Read more
As generative AI systems like OpenAI’s ChatGPT and Google’s Gemini become more advanced, they are increasingly being put to work. Startups and tech companies are building AI agents and ecosystems on top of the systems that can complete boring chores for you: think automatically making calendar bookings and potentially buying products. But as the tools … Read more
Jim Cramer and Director of Portfolio Analysis Jeff Marks fielded a range of questions during the Club’s Annual Meeting on Saturday. Here’s a summary of their answers to some of the questions, including how to determine the number of shares to buy or sell and Jim’s advice on stock-picking for kids. 1. How do you … Read more
Sen. Ron Wyden (D-Ore.) sent a letter to President Biden and his Cabinet demanding that wireless carriers’ cybersecurity standards be regulated as to not further exploit “lax security” in the United States’ phone networks. “I write to request that you address the grave threats posed by wireless carriers’ lax cybersecurity practices, which are not … Read more
Small private practices and health-care providers are facing mounting financial pressures as crucial reimbursement systems remain down for the ninth day, following the cyberattack on Change Healthcare. Change Healthcare offers tools for payment and revenue cycle management that help facilitate transactions between providers and most major insurance companies. Its parent company UnitedHealth Group discovered that … Read more
U.S. President Joe Biden and Vice President Kamala Harris meet with (L-R) Senate Minority Leader Mitch McConnell (R-KY), House Speaker Mike Johnson (R-LA), Senate Majority Leader Chuck Schumer (D-NY), House Minority Leader Hakeem Jeffries (D-NY), on February 27, 2024 at the White House in Washington, DC. Roberto Schmidt | Getty Images U.S. President Joe Biden … Read more
Change Healthcare’s systems are down for the seventh day after a cyber threat actor gained access to its network last week. Parent company UnitedHealth Group said most U.S. pharmacies have set up electronic workarounds to mitigate the impact. UnitedHealth discovered that a “suspected nation-state-associated” threat actor breached part of Change Healthcare’s information technology network on … Read more
Wall Street returned to its winning ways this week â and Nvidia ‘s blowout earnings report Wednesday night was a big reason why. All three major U.S. stock benchmarks closed the holiday-shortened week higher, led by the S & P 500 , which rose 1.66% and ended Friday at a record high. The tech-heavy Nasdaq … Read more
