In the largest settlement to date for a Health Insurance Portability and Accountability Act breach, Anthem will pay the federal government $16 million for its 2015 breach that affected almost 79 million people. Data targeted included Social Security numbers, birthdates, addresses and names.
Huawei's new flagship phone, the Mate 20 Pro, is designed to compete with high-end devices such as the iPhone XS Max and the Galaxy Note 9. The device features facial recognition security, an artificial intelligence engine and three rear-facing cameras.
IBM CEO Ginni Rometty says the company is confident that artificial intelligence will affect "100% of jobs, 100% of industries, and 100% of professions." She says that when implementing AI solutions, companies should take ownership of data, be able to explain the technology and remember that the technology is there to make humans' jobs easier.
Uber was valued at $70 billion most recently, but that could inflate to $120 billion with a planned initial public offering next year, The Wall Street Journal reports, citing proposals by banks bidding to run the offering. Rival Lyft is also planning a 2019 IPO, and the two ride-hailing companies are expected to provide a crucial market test for businesses that have yet to turn a profit.
Basic firewalls and unsecured personal devices make businesses more vulnerable to cyberattacks, experts say, and a cyberattack could put the majority of small businesses out of business. However, working with partners that have solid security in place and shoring up your own security with multilayered protection could help prevent attacks.
A new report details the Securities and Exchange Commission's investigation of nine companies with a history of being cyberattacked to see whether appropriate accounting controls were in place as required by law. "We did not charge the nine companies we investigated, but our report emphasizes that all public companies have obligations to maintain sufficient internal accounting controls and should consider cyberthreats when fulfilling those obligations," says the SEC's Stephanie Avakian.
Most federal domains have met a deadline to have an email authentication process put in place to prevent fake emails from being sent from a government address. More than 60% of federal domains are in compliance with orders from the Department of Homeland Security, up from 20% of domains that had protections in place last year.
Google has introduced a licensing fee for European smartphone makers to access its Google Play app store and will offer separate licenses for its suite of apps such as Search, Maps and Chrome. The announcement comes after the EU fined the company $5 billion for violating antitrust regulations.
Startup Ludenso is looking for ways to make augmented reality more accessible to consumers with its MagiMask head-mounted display. "Our low cost and innovative technology will enable developers around the world to have the hardware tools they need to reach millions of customers and give tech enthusiasts the opportunity to own an AR headset without having to spend thousands of dollars," CEO Eirik Wahlstrom says.
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