https://cdotimes.com/2023/03/07/leading-innovation-with-risk-management/ People are falling for spoofed voice hackers For example, in March 2019, criminals used artificial intelligence-based software to impersonate a chief executive’s voice and demand a fraudulent transfer of €220,000 ($243,000). This scam is sometimes referred to as “vishing,” or voice phishing. In another case, cybercriminals cloned the voice – See more –
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In a world where continuous innovation and business disruption are driving businesses to explore new business models, leverage new technologies, sensors and connected devices it is imperative for companies to leverage the right mode for risk management.
In the past risk management has been an extension of a command and control mindset, but going forward both business and technology leaders realize that security and risk management can be an enabler to future proof their businesses and processes.
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Digitalization has become essential in all areas for pharmaceutical businesses just like every other industry sector to maintain leadership, deliver accurate results, reduce risk and costs and to improve operations. Companies that stay at the forefront of technical advancements are those that continue to pave the way and open up new chances in the healthcare sector. With the rapid pace of innovation and technological advancements, the pharmaceutical industry is set to make significant strides in the coming years.
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The year 2023 has begun a fundamental shift in the philosophy underlying data privacy laws in the United States, moving towards a broader “rights-based” approach, as exemplified by the European Union’s General Data Protection Regulation (GDPR). Instead of the “harms-prevention-based” approach, where privacy protections sought to prevent or mitigate harms in specific sectors, individuals now have the legal right to control their personal information. California’s lead is being followed by four other states – Colorado, Connecticut, Utah, and Virginia – in enforcing new GDPR-inspired statutes in 2023. More states are expected to follow suit. This shift represents a comprehensive approach to privacy protection, applying to businesses across numerous sectors, in addition to the sector-specific laws that remain in place.
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