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China to strengthen private knowledge safety in fintech sector

BEIJING (Reuters) -China will strengthen private protections within the monetary expertise sector to curb unauthorised knowledge assortment and abuses, the nation’s central financial institution chief stated on Wednesday.

Beijing will enhance the authorized frameworks within the sector and nations ought to collectively set requirements for private knowledge safety, Folks’s Financial institution of China Governor Yi Gang stated by way of video on the Hong Kong Fintech week.

Knowledge safety is excessive on the central financial institution’s agenda, Yi stated, including that some huge tech corporations have collected prospects’ knowledge with out permission or misused such knowledge.

“Going ahead, we’ll proceed

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World leaders search methods to strengthen world provide chains

REUTERS

ROME —  US President Joseph R. Biden, Jr., and 16 different world leaders on Sunday mentioned motion to make provide chains extra resilient within the face of any future well being crises, in addition to local weather change and even deliberate assaults.  

Provide chain issues have emerged as the worldwide financial system has pulled out of a pandemic-induced recession and threaten to sluggish restoration. They’ve already stoked inflation.  

“We have now to take motion now, along with our companions within the personal sector, to cut back the backlogs that we’re going through. After which, now we have to stop

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Prodigy’s IDVerifact and Fintainium partner to strengthen open banking with digital payment verification solutions

TORONTO, June 28, 2021 /CNW/ – Prodigy Ventures Inc. (TSXV: PGV) (“Prodigy” or the “Company”) today announced an agreement entered in between its wholly-owned subsidiary, IDVerifact Inc. and Fintainium, an industry leader in real-time payment verification and workflow automation.

As part of the agreement, IDVerifact will integrate Fintainium’s robust suite of payment and workflow automation solutions. Fintainium also joins Prodigy’s FinConecta Alliance Open Banking Platform, which will include AP and AR workflow automation, real-time payments, and on-platform lending.

Fintainium provides a new way to process invoices by removing payment friction, legacy paper, and manual processes while increasing productivity and

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HSE boss looks to the cloud to strengthen security following cyberattack

The cyberattack that brought the HSE to its knees recently has forced the organisation to review how it protects its electronic and IT systems into the future. In spite of the hack and the disruption to services that it has caused, the HSE remains committed to pursuing digital innovation to help deliver care to patients.

Speaking at an IBM-sponsored conference earlier this week on cyber security, Martin Curley, director of digital transformation and open innovation at the HSE, said that it will continue to invest in digital innovation in spite of the recent security breach.

“The HSE is still wrestling

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How to strengthen your cybersecurity while working at home

(WXYZ) — Many of us have been working from home for the better part of the last 16 months. Remote work has been helpful, but experts say working from home has amplified our bad habits.

The implications are significant. The Colonial Pipeline ransomware attack that shut down the largest oil delivery system in America last month started with a compromised password.

A recent survey says nearly 40{98cae0078f524eff3ab8ec32cf55b261677ef6c8a6ed6e94d92a4234b93f46b6} of us admit our cybersecurity habits are different while working from home compared to the office. That place us at risk and our employers.

Working from home life has blended our online presence.

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5 ways to strengthen program administration and prepare for tough renewals

Risk managers who take these measures in advance of scheduled program renewals will be in a better position to negotiate their insurance program effectively with carriers. (Photo: Wasan_Pananwong/Adobe Stock)

As the commercial insurance market continues to harden, many risk managers are gearing up for more extensive and, in some cases, challenging renewal negotiations with their insurance carriers.

Besides dealing with potential requests from carriers for higher rates and more restrictive terms and conditions, risk managers may have to adjust or expand coverages based on facility shutdowns and consolidations, mergers, acquisitions, changes in property values and other factors. What’s more, they

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