About jordan

This author has not yet filled in any details.
So far jordan has created 17 blog entries.

VP Harris: Semiconductor Supply Chain Issues Are “Very Real”


Even before the COVID-19 pandemic struck, semiconductor shortages were an issue that was already starting to affect companies in a wide range of industries. When COVID-19 came along, though, and ground factories all over the globe to a halt - creating worldwide supply chains disruptions the likes of which we have never had to deal with in the modern era - the impact of these shortages was magnified to the nth degree. Now, Vice President Kamala Harris is working to build relationships with the countries that the US especially relies on for its semiconductor demands by [...]

VP Harris: Semiconductor Supply Chain Issues Are “Very Real”2021-09-23T03:52:32-04:00

FTC Warns That Health Apps Must Notify Users of Data Breaches or Face Fines


Health apps have become wildly popular in the past decade, serving as a way for people to more easily monitor their diet, exercise, sleep patterns, and beyond. The fact that many of these applications collect sensitive personal information from their users, though, is cause for security concerns. Now, the U.S. Federal Trade Commission (FTC) is warning that any app that collects personal health information from its users must notify those users if their data is breached or otherwise shared with third parties without the user's permission. Since 2009, the Health Breach Notification Rule has required [...]

FTC Warns That Health Apps Must Notify Users of Data Breaches or Face Fines2021-09-23T04:06:15-04:00

FCA Investigate Digital Bank Monzo Over Possible AML Rule Breach


As governments across the world are strengthening their efforts to crack down on money laundering, more and more financial institutions are finding themselves in the crosshairs. Recently, the British digital bank Monzo became the latest target of an anti-money laundering (AML) investigation, with the Financial Conduct Authority (FCA) announcing in May of this year that it was investigating Monzo for potential breaches of British AML rules and financial crime controls.  The investigation alleges that the breaches of AML rules took place between October 2018 and April 2021. Currently, the investigation is still in its early stages. [...]

FCA Investigate Digital Bank Monzo Over Possible AML Rule Breach2021-08-18T21:44:33-04:00

COVID-19 Patent Waivers: What you Need to Know


In an effort to boost the supply of COVID-19 vaccines, the US government recently voiced its support for temporarily suspending the intellectual property protections that would normally be afforded to the companies producing the vaccines. The argument is that providing patent waivers to manufacturers that do not own the patent on COVID-19 vaccines will allow more manufacturers to begin producing vaccines and providing them to underserved populations. Currently, around three billion COVID-19 vaccines have been administered worldwide. However, the vast majority of these vaccines have gone to wealthier countries, and completely shutting down the spread of the virus [...]

COVID-19 Patent Waivers: What you Need to Know2021-08-18T21:44:38-04:00

Healthcare Revenue Cycle: A Post-Pandemic Seachange?


A recent consumer survey has revealed that just 28% of customers claim to have a strong understanding of the healthcare services that are covered by their health insurance plan. Now that the COVID-19 pandemic has created even more confusion by forcing countless customers to rework their healthcare plans, healthcare revenue cycle leaders are putting new emphasis on the importance of explaining the coverage and out-of-pocket expenses associated with various healthcare plans.  There are a number of different strategies that revenue cycle leaders are hoping to adopt moving forward in order to create more transparency and strengthen financial [...]

Healthcare Revenue Cycle: A Post-Pandemic Seachange?2021-08-18T21:44:40-04:00

Cloud-Based Sales Tax: Stripe Acquires TaxJar – What to Expect?


Stripe - a digital payments company with a similar business model to PayPal - has recently made a major acquisition designed to expand on the products and services that the company offers. In order to add a suite of cloud-based tax services to the payment services that Stripe provides, the company has purchased TaxJar - a popular service that allows for the automatic calculation, reporting, and filing of sales taxes.  While the details of the purchase have not been fully disclosed, we know that TaxJar was valued at $179 million the last time the company raised [...]

Cloud-Based Sales Tax: Stripe Acquires TaxJar – What to Expect?2021-08-18T21:44:41-04:00

Despite Arrests Clop Ransomware Gang Claims More Doxing Victims


In what is believed to be the first time that a national law enforcement agency conducted mass arrests targeting a ransomware group, the National Police of Ukraine recently arrested six individuals alleged to be members of the notorious Clop ransomware gang.  Despite these arrests, though, Clop remains in operation and has responded to the arrests by doxing two new victims. Doxing is one of the many strong-arm tactics that ransomware operations can use to leverage money out of the organizations that they target. If the ransom money being demanded isn't paid, doxing punishes the victim of the [...]

Despite Arrests Clop Ransomware Gang Claims More Doxing Victims2021-08-18T21:44:43-04:00

Post PPP: Businesses Scramble for New Funding Source


The Paycheck Protection Program (PPP) was established to help small businesses afford to keep their employees on the payroll throughout the COVID-19 pandemic. Now that the set duration of PPP has come to an end,  many businesses, still struggling with the impact of the pandemic, are forced to look elsewhere for funding. With  PPP completing its second round and coming to a close, alternative lenders credit unions, institutional lenders, and other non-bank sources of funding are already seeing a spike in demand. Banks, meanwhile, are heavily focused on loan forgiveness in the wake of the pandemic's [...]

Post PPP: Businesses Scramble for New Funding Source2021-08-18T21:44:45-04:00

Pandemic Highlights Impact of AI on Life Sciences


The life sciences industry, like almost every other industry in existence, has become increasingly reliant on AI technology in recent years. However, reliance on AI as a means of data analysis in the life sciences industry was ramped up to an entirely new level during the height of the COVID-19 pandemic.  From tracking infection rates to determining important risk factors, healthcare providers, government agencies, and other organizations within the life sciences field were burdened with a wide range of responsibilities - and given the serious nature of a global pandemic, time was of the essence. In [...]

Pandemic Highlights Impact of AI on Life Sciences2021-08-18T21:44:46-04:00

FATCA & CRS Reporting Season Is Here: What You Need to Know!


The time for Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) reporting is right around the corner. In fact, FATCA and CRS reporting has already begun in certain jurisdictions. To help you prepare for FATCA and CRS reporting season and its wide range of complex requirements, we'll take a look at a few important things to keep in mind as the time for FATCA and CRS reporting approaches. Compared to last year's reporting, there are a few key differences that you will need to watch for. The first is the fact that numerous new jurisdictions have [...]

FATCA & CRS Reporting Season Is Here: What You Need to Know!2021-08-18T21:44:51-04:00

GASB-87: New Guidelines to Stay Compliant


Initially scheduled to go into effect almost a year and a half ago, Governmental Accounting Standards Board (GASB) Statement 87 was postponed for 18 months due to the COVID-19 pandemic.  With the new effective date of June 15, 2021 fast approaching, though, it is now crunch time for government agencies that want to ensure compliance with GASB-87 and the new lease accounting standards that it requires. GASB-87 was largely written to create more transparent reporting of lease agreements in an entity's financial statements. The biggest takeaway from the new guidelines that GASB-87 establishes is the fact that local government agencies will not [...]

GASB-87: New Guidelines to Stay Compliant2021-08-18T21:44:52-04:00

Electronic Document Collection: What You Need to Consider


Document collection during litigation is often an expensive and time-consuming process. With the right approach, though, electronic document collection has the potential to both speed up and reduce the expense of this all-important process. With that said, there's a lot that goes into successful electronic document collection, and here are some of the best practices that you will certainly want to follow: To start, it's essential to thoroughly analyze your project to pinpoint the primary issues in the case, the type of data that you will need to collect, and the sources where that data will [...]

Electronic Document Collection: What You Need to Consider2021-08-18T21:44:54-04:00

Colonial Pipeline Hack: What Now?


In what was arguably the most high-profile ransomware attack to ever target a US company, foreign actors were able to successfully shut down Colonial Pipeline and force a fuel shortage across the Southeast. Although the pipeline is now back online and operations have been fully restored, the reality of just how vulnerable US infrastructure is to such attacks is now concerningly clear. According to Transportation Secretary Pete Buttigieg, this attack "has been a wakeup call on how actors anywhere in the world can impact us right here at home." It's an attack that has certainly exposed [...]

Colonial Pipeline Hack: What Now?2021-08-18T21:44:55-04:00

The Digital Supply Chain Survey: Findings & Forward Look


The coronavirus pandemic came as a massive blow to the global supply chain, creating disruptions all over the world and leaving companies scrambling to keep the ship afloat. In response, many organizations have turned to digital supply chain solutions to help them streamline their operations and become more agile and resilient when faced with such supply chain disruptions. At the end of the whirlwind of a year that 2020 turned out to be, 110 supply chain and manufacturing executives from companies in a wide range of industries were asked to complete a 2020 digital supply chain [...]

The Digital Supply Chain Survey: Findings & Forward Look2021-08-18T21:45:02-04:00

Intelligent Process Automation: How it Can Streamline Your Business


When you think of automation, robots assembling products in a factory is likely the first thing that comes to mind. Today, however, automation extends far beyond performing repetitive tasks in a factory setting, and more and more companies are using automation to streamline their business in ways we might not have imagined just a few years ago. Intelligent process automation entails using software to automate various processes in an office setting such as approving expense requests, organizing files and emails, scheduling meetings, and beyond. While "bots" are assigned to perform these tasks, these aren't the same [...]

Intelligent Process Automation: How it Can Streamline Your Business2021-08-18T21:45:05-04:00
Go to Top