Trump administration to appeal ruling blocking price disclosure for drug ads

Reuters | August 22, 2019

The Trump administration is appealing a court ruling that struck down its plan to compel pharmaceutical companies to disclose wholesale prices of their drugs in televisions advertisements. The Department of Health and Human Services (HHS) filed a notice of appeal on Wednesday, as it prepares to challenge the July federal court ruling. “If the drug companies are embarrassed by their prices or afraid that the prices will scare patients away, they should lower them,” said Caitlin Oakley, a spokeswoman for HHS. In his ruling, U.S. District Judge Amit Mehta in Washington said that HHS lacked the authority from U.S. Congress to compel drug manufacturers to disclose list prices.

Spotlight

In today’s networked world, hostile state and non-state actors use innovative techniques to gain unauthorized access to an organization’s networks to steal sensitive personal, proprietary, and financial information. All sectors and industries have fallen victim to these hostile actors. Consequently, cyber security professionals have adopted the mantra, “It isn’t a matter of if you’ve been compromised but when.” Indeed, recent reports and studies have corroborated the fact that cyberspace is a domain that favors attackers who only need to gain entrance once to wreak havoc whereas network defenders must vigorously work to detect, mitigate, prevent, and when compromised, remove these invaders from their network.

Spotlight

In today’s networked world, hostile state and non-state actors use innovative techniques to gain unauthorized access to an organization’s networks to steal sensitive personal, proprietary, and financial information. All sectors and industries have fallen victim to these hostile actors. Consequently, cyber security professionals have adopted the mantra, “It isn’t a matter of if you’ve been compromised but when.” Indeed, recent reports and studies have corroborated the fact that cyberspace is a domain that favors attackers who only need to gain entrance once to wreak havoc whereas network defenders must vigorously work to detect, mitigate, prevent, and when compromised, remove these invaders from their network.

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CYBERSECURITY

Resecurity Expands AI-Driven Threat Intelligence in Peru with CFBD S.A.C Partnership

Resecurity | August 01, 2022

Resecurity, Inc., a U.S. cybersecurity and intelligence company, announced its partnership with CFBD to expand Resecurity's AI-driven cybersecurity solutions and services to Peru. Based in Lima, CFBD is a leading distribution company specializing in engineering development and IT infrastructure for electronic security and artificial intelligence. As Peru's digital economy expands, cyber threats are increasingly prominent, with 32% of organizations in Peru suffering cyber-attacks from 2018-2020.[1] Compounding these threats, Peru's organizations face the challenges of limited security talent, early-stage digitalism, and access to cybersecurity solutions that help organizations mitigate risk and automate security workflows. To accelerate the implementation of AI-powered cybersecurity and threat intelligence in Peru, Resecurity has partnered with CFBD to provide managed threat detection and response to local organizations. "The United States and Peru have a longstanding strategic partnership based on the shared values and interests of democracy, security, and mutually beneficial trade. Our partnership with CFBD is a natural expansion as Peru invests in AI-driven cybersecurity to secure private and public organizations, Resecurity is excited to collaborate with CFBD to drive cybersecurity market development in the region." -Gene Yoo, CEO of Resecurity. Resecurity's innovative cybersecurity solutions allow organizations to automate the identification, assessment, and triage of incoming cyber threats while staying ahead of cybercriminals using advanced tactics to attack organizations at scale. The AI-driven platform allows administrators to reduce potential blind spots and security gaps by quickly seeing in-depth analysis and specific artifacts obtained through the dark web, botnets activity, network intelligence, and high-quality threat intelligence. "Cybersecurity is becoming increasingly critical for Peruvian enterprises, government, and individuals as our country's digital ecosystem continues to expand and evolve. Leveraging artificial intelligence and partnerships with cybersecurity leaders like Resecurity, CFBD clients can detect and mitigate cyber threats confidently." -Carlos Barrientos, CEO of CFBD. About Resecurity: Resecurity is a cybersecurity company providing managed threat detection and response. The company delivers a unified platform for endpoint protection, risk management, and cyber threat intelligence. Known for providing best-of-breed data-driven intelligence solutions, Resecurity's services and platforms focus on early-warning identification of data breaches and comprehensive protection against cybersecurity risks. Founded in 2016, it has been globally recognized as one of the world's most innovative cybersecurity companies with the sole mission of enabling organizations to combat cyber threats regardless of how sophisticated they are. Most recently, Resecurity was named as one of the Top 10 fastest-growing private cybersecurity companies in Los Angeles, California by Inc. Magazine. An official member of AFCEA, NDIA, SIA, Infragard, the American Chamber of Commerce in Saudi Arabia (AmChamKSA) and the American Chamber of Commerce in Mexico (AmChamMexico). To learn more about Resecurity, visit https://resecurity.com. About CFBD: CFBD SAC is a distribution company specialized in engineering development that works with select high-end products and services. It has strategic partners and successful projects carried out nationally and internationally. It provides global solutions in IT infrastructure and part of its service portfolio is oriented towards the development and solution of equipment and/or specialized software for electronic security and artificial intelligence with the best platforms and services in various fields.

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CYBERSECURITY

CyberSheath Partner Program Delivers CMMC Compliance Across the Defense Industrial Base

CyberSheath Services International | May 20, 2022

Security, compliance, and IT roadblocks slow down federal contractors working to achieve compliance with Cybersecurity Maturity Model Certification (CMMC). The Defense Industrial Base (DIB) includes more than 220,000 companies, many of which have existing vendor relationships across the security, compliance, and IT CMMC requirements, but no single vendor solves every compliance challenge. CyberSheath, the largest CMMC managed service provider supporting the DIB, has launched a partner program designed to empower vendors to expand their core capabilities and achieve CMMC compliance faster. The CyberSheath Partner Program allows managed security service providers (MSSPs) and managed service providers (MSPs) to easily identify opportunities to speed their end customers’ cybersecurity compliance journeys. Every customer has gaps when it comes to CMMC compliance, and they want to fill them efficiently. Our one-of-a-kind partner program allows IT providers to step into cybersecurity and vice versa. Defense contractors want to manage one provider, not three or more, and now you can be that provider. CMMC compliance is a matter of national security, and we recognize that anything we can do to speed up a contractor’s journey to full compliance literally makes this country more secure. Our partner program represents a significant milestone in delivering on our promise to our clients and partners to expand our previously in-house capabilities across a partner ecosystem. We worked extremely closely with our partners on program development to ensure their interests are aligned with the new framework.” Eric Noonan, CEO of CyberSheath To facilitate the program, CyberSheath created new centralized resources, including a new partner portal and enhanced website to ensure CyberSheath and its partners are in lockstep to quickly and efficiently deliver solutions that drive impactful client outcomes. The program delivers an improved experience for clients through benefits such as: Accelerated time to value through enhanced delivery capabilities and increased capacity Private label, joint co-marketing, and sales lead demand generation via CyberSheath’s comprehensive library of DFARS compliance subject matter and collateral Flexible DFARS partner pricing with models designed to align cost structure with client’s service and capacity consumption Enhanced customer care from a dedicated engineering staff that can assist in advanced project deployments and defend against premeditated, persistent cyberattacks CyberSheath MSSP SOC Service staffed by experienced security professionals that have accumulated vast knowledge of network threats, detection and mitigation, and an in-depth understanding of CyberSheath’s DFARS compliance and security capabilities Admission to CMMC Con 2022, the nation’s largest CMMC conference that helps contractors navigate their course through the evolving compliance landscape “Our relationship with CyberSheath allows us to provide best-in-class, secure, cloud-based solutions to address our customers’ complicated compliance needs like CMMC and NIST 800-171, ensuring that their cybersecurity posture is appropriate for protecting their critical and sensitive business data, whether it’s defense or commercial,” said Jeff Roberts, co-founder of principia/RAID. “With the strength of our CyberSheath partnership, we can empower more businesses to drive further innovation and more effectively manage their IT spend, positively impacting their business outcomes and meeting stringent U.S. DoD needs.” About CyberSheath Services International, LLC Established in 2012, CyberSheath is one of the most experienced and trusted IT security services partners for the U.S. defense industrial base. From CMMC compliance to strategic security planning to managed security services, CyberSheath offers a comprehensive suite of offerings tailored to clients’ information security and regulatory compliance needs.

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EMERGING TECHNOLOGY

medZERO Advances to Next Stage in LG’s Innovative Mission for the Future Global Challenge

medZERO | July 14, 2022

LG Electronics’ North American Innovation Center (LG NOVA) picked medZERO as one of the “Selected 20” startups advancing to the next stage of its Mission for the Future global challenge competition. The honor comes with $100,000 to help fund a collaboration for the next round of the competition. The recognition is the latest for the Portland-based startup medZERO, an employer-sponsored financial wellness platform that gives employees a smarter way to pay for healthcare via on-demand access to funds to pay their out-of- pocked expenses over time at zero interest and zero fees. In May, medZERO was one of six companies selected by the Meta Lab challenge, a prestigious competition sponsored by the Carolina Fintech Hub and MassChallenge, an international business accelerator program located in Boston. Since securing $5.7 million in seed funding last year from Silicon Valley powerhouses True Ventures, Village Global and other angel investors, medZERO launched its app in November 2021 and has been hiring and has more than doubled its customer base. Each of the 20 top contenders in the LG NOVA program were awarded $100,000 for proof-of-concept projects. medZERO was chosen in the Connected Health category as a company that is creating a new solution with potential to transform markets and industries, specifically as people change their perspective on new technology-based care. “We are honored to make it to this round, LG recognized that our highly scalable, mobile payments platform leverages technology to give employees greater control over their healthcare services and spending.” -Craig Froude, Co-Founder and CEO, medZERO. Chosen from a group of more than 1,300 applicants, the Selected 20 will continue in the process to develop their ideas while working closely with LG NOVA’s team of innovation and entrepreneurial experts over the next couple of months—with the goal of being chosen as a Mission for the Future challenge “Top 10” finalist. To be named in August 2022, the Top 10 will have the opportunity to build their business in collaboration with LG on an accelerated path to success, with full access to LG expertise, mentorship, and from NOVA Capital Alliance and investments from LG. Since its official launch in August 2021, the Mission for the Future challenge has invited innovators and entrepreneurs to submit their business ideas, technologies, and concepts that look to advance people, communities, and the planet. The initial “First 50” startups selected through the challenge program received access to basic business infrastructural support and networking after demonstrating exceptional proof-of-concept within emerging industries, as well as the potential for a successful partnership within the wider LG business. Over the last few months, our work with the First 50 startups has helped us continue to refine our vision for the future as we look at new areas of growth for LG, said LG Electronics Senior Vice President for Innovation Dr. Sokwoo Rhee, head of LG NOVA. We’re inspired by all of those who have participated to date with groundbreaking, thoughtful tech innovations to drive and contribute to our collaborative community and guiding principle of ‘outside-in’ innovation. With this announcement, we’re sharing the results of our ongoing work in engaging with the startup and entrepreneur community to create impactful technologies that will lead society into the future. About medZERO- medZERO is a Portland, Ore., healthcare-focused fintech company (www.medzero.com) designed to make healthcare accessible, affordable and equitable. Our employer sponsored platform provides employees instant access to funds to pay their out-of-pocket healthcare costs with no interest and no fees. Repayment is made through automatic payroll deduction and for users with Health Savings Accounts medZERO payments are pre-tax allowing them to save up to 30% on all qualified medical expenses. About LG NOVA- LG NOVA, the North American Innovation Center for global innovation leader LG Electronics, is a team focused on bringing innovation from the outside to LG. LG NOVA is based in Santa Clara, Calif. The center’s mission is to build, nurture and grow innovations that impact the future. About LG Electronics USA- LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $63 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions and vehicle components. LG is 2022 ENERGY STAR® Partner of the Year-Sustained Excellence. The company’s commitment to environmental sustainability and its “Life’s Good” marketing theme encompass how LG is dedicated to people’s happiness by exceeding expectations today and tomorrow

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