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A Geico Data Breach Let Cyber Fraudsters Steal Customers' Driver's License Numbers

Gizmodo

Car insurance giant Geico has quietly disclosed that a recent security breach allowed cyber thieves to steal customers’ driver’s license information right off the company’s website. Read more.

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What telco mobile money licenses mean for Nigeria’s financial services sector

CIO Business Intelligence

That may change as telecommunications companies such as Airtel and MTN jump into the mobile money market, after recently receiving licenses to do so. It was only late last year that Nigeria’s Central Bank (CBN), gave the green light for telcos to acquire mobile money licenses. Mobile money is not entirely new to Nigeria.

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Patient data is at greater risk than ever. AI can help

CIO Business Intelligence

Sensitive personal and medical information can be used in multiple ways, from identity theft and insurance fraud to ransomware attacks. Patient data represents a treasure trove for hackers. It’s little wonder that data theft is increasingly common in the healthcare sector.

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Porch completes $100M Homeowners of America acquisition, doubling down on insurance market

GeekWire

Based in Irving, Texas, Homeowners of America operates in six states but is licensed to operate in 31 states. Porch says it will use the acquisition to build its national footprint in the home insurance market. Those companies can pay traditional licensing fees or provide Porch with access to their customers.

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Apple's security chief charged over alleged iPads for gun licenses scheme

TechSpot

James Jensen of the sheriff's department and insurance broker Harpreet Chadha were indicted by a grand jury last week following a two-year investigation into the alleged scheme. The LA Times writes that Apple Chief Security Officer Thomas Moyer, Santa Clara County Undersheriff Rick Sung, Capt.

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Amazon adds new Prime benefit with One Medical virtual and in-person health care service

GeekWire

The Prime One Medical membership benefit features video chats with licensed providers, including an in-app “Treat Me Now” feature for common concerns such as cold and flu, skin issues, allergies, urinary tract infections, and more, according to Amazon. and pay for these visits with insurance or out of pocket.

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Marc Andreessen on the future of technology and implications for interactions between government and citizens

CTOvision

A key examplesto consider is health insurance. We can now envision entirely new ways of conceiving health insurance– if you take big data/machine learning approach. We can say the same with auto insurance and crop insurance, financial services, loan risk scoring – all of which can be done far more accurately now than historically.