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Top Articles - 40 Million People Hacked - YOU as Identity Theft Victim
Saturday, MasterCard blamed a vendor of ALL credit card
providers called CardSystems Solutions, Inc., a third-party
processor of payment card data, as the source of loss of 40
million consumers credit card information.
As is pointed out by several newspaper and web articles over th
As is pointed out by several newspaper and web articles over th
According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product
e last few weeks, each recapping long lists of financial
information data breaches, something's gotta give before we
entirely lose trust in financial institutions, data brokers
and credit bureaus. How much privacy loss can we take
without acting?
These types of data loss were very
These types of data loss were very
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
ikely common and have
very probably been going on for a very long time. The
difference is that now, THEY ARE REQUIRED BY LAW TO DISCLOSE
THOSE LOSSES - not just in California, but in many states.
National disclosure laws on data security breaches are being
considered in Congress.
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
suggest that these breaches of data security all came to
light due to the California law requiring disclosure from
companies suffering hacking loss or leaks or social
engineering or crooked employees or organized crime rings
posing as "legitimate" customers. All of the above have b
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
en
given as reasons for security lapses or poor security
policies.
About three years ago, a friend told me his paycheck deposit to Bank of America went missing from account records after he took his check to the bank on Friday. By Monday, Bank of America was in the news claiming a
About three years ago, a friend told me his paycheck deposit to Bank of America went missing from account records after he took his check to the bank on Friday. By Monday, Bank of America was in the news claiming a
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
computer glitch had
disappeared the entire day's deposits. I mumbled to myself,
"I'll bet that was a hack and that hacker just made a huge
offshore banking deposit with B of A depositors' money."
But we didn't find out why it happened in that particular case because there was no d
But we didn't find out why it happened in that particular case because there was no d
ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc
sclosure law in place at the
time. Now we have disclosure laws that mandate notice of
security breaches. Now suddenly - huge financial services
hacks and devious criminal social engineering outfits posing
as legitimate customers and apparently "innocent" losses by
transport compani
easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi
s of backup tapes begin to come to light.
This spate of data loss incidents is proof of the need for corporate "sunshine laws" that make public notice mandatory of those data losses that threaten customer information.
Who is going to lose here - the public, the corporations, the cr
This spate of data loss incidents is proof of the need for corporate "sunshine laws" that make public notice mandatory of those data losses that threaten customer information.
Who is going to lose here - the public, the corporations, the cr
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
minals, or the government? I'd prefer that the bad
guys get the shaft and take down crooked company insiders
that either facilitate data loss by underfunding security
and encryption or participate in data theft or loss in any
form - even if that participation is security negligence.
and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ
Financial companies and data brokers have been covering up the losses and keeping quiet about hacks so as not to worry or frighten their customers. But that practice is essentially ended now that they must notify the public and disclose those losses instead of hushing them up.
Ke
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ping the breaches hidden from public view is bad practice
as it maintains the status quo. Disclosure will facilitate
internal corporate lockdowns on the data and all access to
it. Disclosure will educate the public to the lack of
security and danger to the sensitive information we a
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
l
provide rather casually and routinely to businesses.
As the following link to a silicon.com story suggests, we cannot take much more of this lack of regard to privacy and must lock down financially sensitive data securely and must begin to hold data brokers, bureaus and handlers
As the following link to a silicon.com story suggests, we cannot take much more of this lack of regard to privacy and must lock down financially sensitive data securely and must begin to hold data brokers, bureaus and handlers
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ERY
accountable.
Insist to your elected representatives that your financial data be locked down, encrypted and guarded by those entrusted with storing, transporting and using it. Since our financial, medical and leg
Insist to your elected representatives that your financial data be locked down, encrypted and guarded by those entrusted with storing, transporting and using it. Since our financial, medical and leg
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
al lives are increasingly being
housed in digital form and transmitted between data centers
of multiple handlers - we need to know it is secure. We also
need to know when that security has been breached and our
data compromised or lost.
Thieves are becoming more aware of the ease w
Thieves are becoming more aware of the ease w
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
th which they
can find and access financial data. Hacking is not the
source of the greatest losses.
Organized crime has easily found their way into our financial records by simply paying for it by posing as "legitimate" business customers of information brokers such as ChoicePoint
Organized crime has easily found their way into our financial records by simply paying for it by posing as "legitimate" business customers of information brokers such as ChoicePoint
t?
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel
and Lexis/Nexis. Any business can buy
financial and credit information from those information
bureaus and credit reporting agencies by meeting rather lax
requirements for "need to know" that data.
As long as it is possible to purchase our sensitive data from brokers and bureaus, or
As long as it is possible to purchase our sensitive data from brokers and bureaus, or
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
anized crime will
"legitimately" buy it from those sources, then ruin our
credit by selling that information at a higher price in
identity theft schemes.
Since disclosure laws have come into effect, those breaches have been made public, credit cards cancelled before losses can occ
Since disclosure laws have come into effect, those breaches have been made public, credit cards cancelled before losses can occ
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ur and credit reports monitored to watch for
suspicious activity. The bad guys activities are squelched
because we are made aware of the possibility our information
has been compromised.
Not all blame can go to financial institutions and data brokers. Protect your own private data
Not all blame can go to financial institutions and data brokers. Protect your own private data
.
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de
y protecting your
computer records at home, in the office, on your laptop and
in your PDA by using basic keyword security and locking down
files. Use built in encryption on your operating system and
your home network to keep data secure. Then be certain to
clear that sensitive data
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
off the computer when you sell it
or throw it away.
Data security is something we all need to take seriously and the corporate breaches are dramatic illustrations of how important it has become to build digital fortresses around our critical financial, legal and medical information
Data security is something we all need to take seriously and the corporate breaches are dramatic illustrations of how important it has become to build digital fortresses around our critical financial, legal and medical information
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
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