This week, we begin with an article about the Cisco hack by a North Korea based ransomware group that claims to have hacked 2.8GB of data. Next, is a piece of advice from some industry experts for IT executives wishing to use dark data & how some firms are turning dark data into commercial prospects. Then, we have an essay on serverless databases listing their benefits & drawbacks, and comparing their potential with serverless computing. Following that, we have a write-up on the importance of data quality, reasons for bad quality data, and some ways to improve that. Next, is a story about the increasing need to know your customer (KYC) for the implementation of data governance due to the rise of dirty data. Lastly, we have an interview with Russ Thomas, CEO of Availity, on how inaccuracies put hospitals and health systems at greater risk of litigation and what are the challenges of the new regulations.
Cisco Hacked: Ransomware Gang Claims It Has 2.8GB Of Data
Networking giant Cisco confirms hacking as ransomware group publishes a partial list of files it claims to have exfiltrated. On the same day that the Yanluowang ransomware group published a partial list of files it says were stolen from Cisco, the networking giant’s Talos Intelligence Group confirmed that Cisco had, indeed, been hacked.
Unlocking The Hidden Value Of Dark Data
IT leaders seeking to derive business value from the data their companies collect face myriad challenges. Perhaps the least understood is the lost opportunity of not making good on data that is created, and often stored, but seldom otherwise interacted with. This so-called “dark data,” named after the dark matter of physics, is information routinely collected in the course of doing business: It’s generated by employees, customers, and business processes.
Tech To Watch: Serverless Databases
You’ve heard of serverless computing, which lets you deploy applications without worrying about the underlying infrastructure. But did you know that you can also take a serverless approach to databases? If not, read on for a look at how serverless databases work, why they are becoming popular, and which serverless database options dominate the market at present.
No More ‘Garbage In, Garbage Out’: Taking Control Of Your Data Quality
Data has the power to disrupt markets and break new boundaries—but only when it’s trusted and understood. If you have garbage data, you’ll get garbage insights. While most companies understand the importance of data quality today, achieving it is a different story. That’s the big challenge they’re grappling with, compounded by the perception that it’s a lengthy and complex process.
Don’t Settle For Dirty Data…Know Your Customer
We have all been contacted by an organisation asking us to update our information, asking a “million and one” questions. But think about if you go on a company’s website and the contact information is incorrect. Now what if an organisation needed to contact you urgently to advise of a change being implemented that will affect you, but the address, telephone numbers and e-mail addresses they have for you are incorrect or no longer relevant.
The Pitfalls Of Poor Data Management – And How To Avoid Them
Data inaccuracies have always posed a risk of litigation and penalties, particularly when they come in the form of bad data in a patient chart that compromises patient safety. However, the new rules around price and coverage transparency introduced by the Centers for Medicare and Medicaid Services add a new layer of risk involving patient data and patient interactions for both providers and payers.
Source: https://mailchi.mp/zigram/data-asset-weekly-dispatch_15_august_1
