Ayushman Digital, EWA Breach, Data & Fintech, Future of AI, Open Finance Data, FB’s Use Issues

This week, we begin with an article on Ayushman Bharat Digital Mission (ABDM) that will connect the digital health solutions of hospitals across India with each other. Next, we have a story about the infiltration noticed by Electronic Warfare Associates (EWA), a firm that supplies hardware & software to the US Department of defense, resulting in the loss of files with certain personal information. Then, we have a piece on the thought of the governor of China’s central bank to improve personal data protection in the financial sector. Following that, we have an essay that discusses the potential of AI in solving business problems & reducing the impact of bias in our models. Next is an analysis of open finance data & open banking that could lead to huge benefits for any country as a whole. Finally, we have research by Facebook that suggests the “problematic use” of its platforms.

India’s Transformation From Data-Poor To Data-Rich

In August 2021, India announced the Ayushman Bharat Digital Mission (ABDM), also referred to as the National Digital Health Mission. ABDM aims to integrate various healthcare ecosystem players within India digitally. Leveraging the ABDM, the lady may find a suitable healthcare provider online. She may connect with the doctor online using telemedicine and may not need to travel. 

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US Defense Contractor Electronic Warfare Hit By Data Breach

US defense contractor Electronic Warfare Associates (EWA) has disclosed a data breach after threat actors hacked their email system and stole files containing personal information. The company claims the breach’s impact was limited but confirmed that the threat actor managed to exfiltrate files containing sensitive information. 

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China To Strengthen Personal Data Protection In Fintech Sector – C.Bank Head

China will strengthen personal protections in the financial technology sector to curb unauthorised data collection and abuses, the country’s central bank chief said on Wednesday. Beijing will improve the legal frameworks in the sector and countries should jointly set standards for personal data protection, People’s Bank of China Governor Yi Gang said via video at the Hong Kong Fintech week.

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Governing The Future Of AI

The Ancient Greek playwrights knew how to tell a good story, but occasionally found themselves searching for a way to solve whatever conflict they had concocted. So they invented the “deus ex machina”—literally, god from the machine—in which an actor playing a god was brought on stage via a mechanical device to miraculously resolve the problem as only a god can do.

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The Untapped Potential Of Open Financial Data

The potential value that could be created by open data for finance is huge. Not only will economies that adopt open data ecosystems see GDP growth of up to 5 percent by 2030, but all participants of such an ecosystem would reap the benefits. In Europe, 17% of this new value will be captured by individual participants through improved products and increased access to financial services.

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Facebook Reportedly Is Aware Of The Level Of ‘Problematic Use’ Among Its Users

Facebook’s own internal research found 1 in 8 of its users reported compulsive social media use that interfered with their sleep, work, and relationships— what the social media platform calls “problematic use” but is more commonly known as “internet addiction,” the Wall Street Journal reported.

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Source: https://mailchi.mp/zigram/data-asset-weekly-dispatch_08_november_1

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