In The News: Cybersecurity, Data-Driven Technology Revolutionized & How You Respond In Life Makes A Difference

Cybersecurity News

It has been confirmed that in the United States, during the week of March 4th—10th, 15,009,813 records were breached from 58 newly disclosed incidents. So far, in 2024, there have been 700,095,520 known records from 658 publicly disclosed incidents in the USA. According to Neil Ford, authority with itgovernanceusa 1, these numbers only account for January and February 2024.

The most significant number of records breached was by Zenlayer, the Telecoms firm, at 384,658,212. Other breaches were from firms such as LoanDepot, the finance company; Trello, the IT Services company; Concentra, the healthcare firm; and Optum, the healthcare firm we wrote about in last month’s issue.

That being said, the most significant spike to report still stems from Ransomware attacks. The most surprising fact stems from the actions and awareness organizations take to notify the public. Organizations must provide more training, and a considerable focus must be placed on companies hardening their network infrastructure to the highest levels to protect their data.

How Data-Driven Technology and Computing Has Revolutionized the World

Over the past few years, the exponential growth in computing power has led to remarkable technological advancements in various fields, including AI, Robotics for Industrial Machines, Quantum Computing, and Data-driven Technology.

One sector that has particularly felt the impact of these advancements is healthcare, where there has been a growing need for innovative solutions to address ubiquitous challenges such as high costs and cumbersome paperwork caused by government regulations and red tape.

The healthcare industry is undergoing a significant transformation thanks to the advancement of Artificial Intelligence. Despite the government's concerns, AI is positively revolutionizing the healthcare sector. From patient care to drug discoveries, AI enhances the healthcare system by ensuring patients receive the correct treatment at the right time.

According to a recent study, it is estimated that we could save an incredible $360 billion annually by streamlining healthcare costs. This can be achieved by reducing the time physicians spend on paperwork by 15.5 hours, allowing them to attend to more patients and provide quality care. The healthcare system can be streamlined by eliminating bureaucracy and minimizing the time wasted on paperwork, leading to better healthcare outcomes for everyone.

On March 10th, 2024, an article by Peter Aitken from Fox News reported that five companies had expressed their intention to provide the United States Air Force with AI-driven drones. These drones are designed to remove the human element from high-risk tasks and provide additional intelligence. The AI technology is capable of performing calculations at a much faster rate than a human could. At the same time, the drones themselves can fly at speeds slightly below the speed of sound and cover a range of 2000 nautical miles.

If these companies can keep production costs reasonable, it would be a significant cost-saving measure for the US taxpayer. Additionally, if managed correctly, drones could provide drastically increased intelligence to our military. This development marks an important milestone in advancing drone technology and its integration into military operations.

According to the International Federation of Robotics, IFR press release dated March 13, 2024, it is acknowledged that the logistics industry accounts for 10 percent of the World’s GDP. The trend here is that companies are making huge investments in robotics and automation, from service robots to the transportation of goods. We all know of the severe labor shortage challenges, so AI-enabled robotics are helping tackle these challenges. These robotics can pick and pack products; the AI software can move products around the warehouse and even stock shelves.

Transportation-wise, the Federal Motor Carrier Safety Administration (FMCSA), which is a branch of the U.S. Department of Transportation Department, regulates that a truck driver can only operate for 14 hours under normal conditions. With the onset of driverless trucks such as the Tesla, the Semi can drive for a range of 500 miles carrying a fully loaded 53ft trailer. At 60 miles an hour, that’s about an eight-hour drive.

Logistically, if a company were to set up a decentralized network, the trucks could make it to a hub, and another Semi would take over to continue the journey while the original Semi charges by perhaps taking a different load the next day back to its original destination. By utilizing a combination of humans and service robotics, the direction of the trucking industry can take on old challenges to service customers with advanced automation to fill the gap between skilled drivers and logistic workers and offer faster delivery, increased safety, and higher levels of efficiency.

This brings up an urgent need to discuss Data Governance to ensure that all collected data meets governmental regulations. We believe strict business regulations should be enacted and enforced on a higher level.

The new trends on our radar today include hyper-personalization of data, which means data utilizes Artificial Intelligence and real-time data to offer products and personalize service offerings. It creates a unique shopping experience because you are only presented before your products and services that appeal to your match.

This leads to advanced analytics of data mining that we are moving beyond traditional business intelligence (BI) with newer techniques that include Data/Text mining, machine learning, pattern forecasting, visualization, and the implementation of multivariant statistics (analyzing multiple variables) to process events.

The world is changing rapidly, and now is the time for businesses to review and stay updated on how AI, robotics, and Data-Driven technology can impact their businesses and industries.

It's Not What Happens To You In Life. It's How You Respond That Matters!

I had the opportunity to spend a few days at the home of serial entrepreneur, brand builder & friend Howie Panes.? Howie founded Logic E-Cigarette, Stealth Fitness, and Think Billions. While at Howie’s house, I had the opportunity to meet and speak with Nicholas James Vujick. Nick is an NYT Best Seller Author and Motivational Speaker. Nick suffers from Tetra-Amelia Syndrome, which is being born without limbs. I write this article today in thoughts of the positive messages these gentlemen bring to the world despite all that is happening in our communities, State, Country, and the world with divisiveness. Nick couldn’t shake my hand but loved when I hugged him. Nick and Howie deliver a positive message whenever I chat with them or read their writings. Despite living and experiencing the world's dramatic changes, let’s keep words of motivation and inspiration in your thoughts and actions because “Our attitude does determine altitude.”? We can make a difference.