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Assessment: Your thoughts are appreciated.
BUSINESS, FINANCE, INVESTING & INSURANCE TEXTS FOR DOCTORS:
THANK YOU
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Filed under: Information Technology | Tagged: AI, artificial intelligence, HIT | Leave a comment »
Protect Yourself From Scammers
Posted on September 11, 2019 by Editor-in-Chief
Trust with Caution
By Rick Kahler CFP
Early this year, dozens of expatriate Americans living in San Miguel de Allende, Mexico, found out that an employee of Monex Bank had emptied up to 158 accounts of some $40,000,000. Many of the customers lost their entire retirement savings. The employee had worked for the bank for 20 years. Apparently she had been siphoning off money from accounts for months and sending the depositors fake statements to cover the disappearing funds.
According to an article by David Welch that appeared in Bloomberg Businessweek on May 23, 2019, the banker had promised these depositors “fat returns” in investments that would be immune to the peso’s fluctuations. Such promises are common to many fraudulent schemes where investors are duped out of their money.
“Too good to be true”
In this case, the all too familiar scam of promising returns “too good to be true” was promulgated by an employee of an international bank with assets of $5.2 billion. Even more unusual is that while the bank said they would make their customers whole again, only one of the 158 had received all of his funds back at the time the Bloomberg article was published. A bank employee admitted that was a mistake and asked the depositor to send back a portion of the check.
One of the defrauded investors was quoted as saying, “Part of this is my fault. I wasn’t even remotely suspicious.”
Such trust is exactly what scammers and con artists rely on. The most important vulnerability they exploit is ignorance. We tend to think of financial predators taking advantage of the poor, the elderly, and the uneducated. To some extent, this is certainly true. But the poor have no monopoly on financial ignorance.
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In order to make money from their schemes, scammers need to target people with enough money to be worth preying on. The ability to earn a lot of money and the ability to manage money wisely do not necessarily go together. The infamous Bernie Madoff, remember, cheated some wealthy and sophisticated investors out of million.
Some of the qualities that make us vulnerable to financial predators come from our own human flaws. We’d all like to believe those promises of faster, easier ways to make a lot of money or save a lot of money.
Some of our vulnerability, though, comes from our best selves. Scammers exploit our willingness to trust and even the integrity that can lead us to assume others are as honest as we are.
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Taking action
Protecting yourself from financial predators requires being honest with yourself about the qualities that make you vulnerable. It also requires a willingness to take action to protect yourself, in several ways.
1. Acknowledge what you don’t know and ask for advice—from someone who has nothing to gain from whatever decision you make.
2. Educate yourself from neutral, reputable sources. There are countless websites, books, and classes to help you learn about investing and managing money.
3. Listen to your own feelings. If anything seems too good to be true, you probably know at some level that something isn’t right and the wise choice would be to say no.
4. Channel your inner skeptic. Any time someone offers you an incredible opportunity to make a lot of money, ask yourself what’s in it for them. Chances are they are working for themselves, not for you.
5. Pay attention. Read the fine print. Read account statements. Ask questions. If your queries are brushed aside, be willing to be that “difficult” customer who keeps asking.
Assessment
Finally, don’t be your own worst enemy. Don’t trust blindly. Don’t assume someone else will look out for your best interests. That responsibility is always up to you.
Conclusion: Your thoughts are appreciated.
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Filed under: Information Technology | Tagged: hackers, online scams, Protect Yourself From Scammers | Leave a comment »
On-Premise Software VERSUS Cloud Computing?
Posted on August 17, 2019 by Editor-in-Chief
The Cloud Lowers the Total Cost of Ownership
[By staff reporters]
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Assessment: But, what about health information technology?
Your thoughts are appreciated.
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What Happens in an Internet Minute?
Posted on July 26, 2019 by Editor-in-Chief
Circa 2019
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Filed under: Information Technology, LifeStyle | Tagged: What Happens in an Internet Minute? | Leave a comment »
What is Doxxing?
Posted on June 19, 2019 by Editor-in-Chief
Can You Avoid It?
[By staff reporters]
Doxing (from dox, abbreviation of documents), or doxxing, is the Internet-based practice of researching and broadcasting personally identifiable information about an individual.
The methods employed to acquire this information include searching publicly available databases and social media websites (like Facebook), hacking, and social engineering.
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Doxing is therefore a standard tactic of online harassment and has been used by people associated with 4chan and in the Gamergate and vaccine controversies.
The ethics of doxing by journalists, on matters that they assert are issues of public interest, is an area of much controversy. Many authors have argued that doxing in journalism blurs the line between revealing information in the interest of the public and releasing information about an individual’s private life against their wishes.
MORE: https://www.gohacking.com/what-is-doxing-and-how-it-is-done/
THINK: HIPAA
Conclusion: Your thoughts are appreciated.
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Filed under: Breaking News, Information Technology, Risk Management | Tagged: doxing | 1 Comment »
Dr. Marcinko Appointed to “Medblob” Advisory Board
Posted on May 22, 2019 by Editor-in-Chief
Professor Marcinko Appointed to Medblob Advisory Board
By Richard S. Tannenbaum; MS
[Co-Founder and Chief Financial Officer]
At Medblob, we manage healthcare data for patients, providers, and research organizations. Our leadership team is from multi-disciplinary back grounds, including medicine, software and research. And, our advisors have broad experience and training in clinical medicine, insurance and healthcare information technology companies.
So, we are pleased to announce that Dr. David Edward Marcinko MBA CMP® has just been appointed to the Advisory Board of our company.
About Medblob™
The Challenge:
One of the biggest challenges for providers is having all of the patient’s medical information, at the point of care.
The Solution:
Medblob™ is an emerging and secure military encrypted and HIPAA compliant health information exchange and data warehouse, known as HealthFile™, that aims to have medical information available at the point-of-care so clinicians are able to make better decisions to improve their patients’ health.
The Outcome:
MedBlob™ solves a major cause of medical errors and preventable death: inaccurate or missing health information.
Assessment
Member of Medblob’s Advisory Board composed of medical, legal, and financial experts assisting the management team in the company’s mission of improving public health and outcomes for patients. Medblob Advisory Board was chartered to provide advice to the executive team regarding the company’s strategy, development, market positioning, and growth trajectory. LifeBook is Medblob’s military-grade secure patient electronic health record that acts as a single source of truth health record, medical data platform, and Network as a Service (NaaS).
Board of Advisors Link: http://www.medblob.com/board-of-advisors/
More: Please contact us to get involved in the future of healthcare information technology!
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DAVID EDWARD MARCINKO
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Robots Used in Chinese 3D Printed Dental Implant Surgery
Posted on May 21, 2019 by Editor-in-Chief
Robots Used in Chinese 3D Printed Dental Implant Surgery
[By Bertalan Meskó MD PhD]
Two 3D printed dental implants have been autonomously placed in the mouth of a volunteer patient by the world’s first autonomous surgical robot.
The hour-long procedure, supervised by surgeons from the Fourth Military Medical Institute took place in Xi’an, central China, and used a robot jointly developed by the hospital and the robotics department at Beijing’s Beihang University.
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Conclusion
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