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Xczw With New VC Dollars, GoCoin Pledges B2B Payments PushB2B supply chains are the unsung hero of global commerce. Their importance only grows when it comes to critical industries like healthcare, where life-saving supplies and materials are the goods being transported along the procure-to-pay cycle.But with the news this week that a 30-year old healthcare supply chain system in the U.K., one that handles over $5 billion of annual spend for the NHS, has been continually attacked by bad actors, strengthening their procurement processes and supply chain resilience is becoming increasingly top of mind for B2B leaders.Per a court filing, the NHS supply chain relies on a decades-old computer system called RESUS. In the 11 months priorstanley cup to November 2024, RESUS聽had suffered from 35 of the highest priorityP1alerts. One of those alerts resulted in 17,000 warehouse order lines not being picked andconsequent delays whic stanley germany h affected the shipping of those products to hospitals. The NHS incident is just one example of a broader global issue. Healthcares rapid digital transformation has brought remarkable efficiencies and innovations to patient care. However, it has also opened the door to cyberattacks that can disrupt the delicate logistics of medical supply chains.As h stanley cupe ospitals increasingly rely on digital systems to manage everything from inventory to supplier communications, a single breach can have widespread consequences. These threats are not hypothetical; they are happening now and with increasing frequency.Read more: From Outdated to A Urnt Amid FinTech/FI Pacts, Governments Join Development Efforts
We Heart It, the image sharing website, disclosed late last week that there was a potential cybersecurity breach that may have impacted more than 8 million accounts. In a blog post, the company announced news that the data breach may have happened several years ago, but that it was only recently alerted to the cyberattack. We Heart It said it has started an investigation. So far, only information from the companys user account database was leaked, which included details like email addresses, usernames and encrypted passwords for accounts that were created between 2008 and November of 2013. Currently, the company said it has found no evidence that there were any unauthorized logins or wrongdoing. However, the encryption algorithms used to secure passwords back in 2013 arent valid anymorestanley quencher because of advancements in computer hardware.Since 2013, we have made significant upgrades and improvements to our systems, security protocols, password security and database. Additionally, we have taken immediate action to further protect all We Heart It account passwords stanley hrnekwith additional enc stanley quencher ryption using the secure encryption algorithm. We are in the process of updating all user passwords with this additional encryption as expeditiously as possible,the company said in the blog post. We Heart It said it is contacting users impacted by the data leak via email. The company recommends users change their passwords. If the same password was used at multiple websites, users should change those a
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