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Showing 2 posts from January 2012.

Crowdfunding May Be Stalled in U.S. Senate

After the U.S. House of Representatives passed a crowdfunding bill in November, it appears that the crowdfunding concept has stalled in the U.S. Senate.  Two alternative bills have been introduced in the Senate, both of which would create greater regulatory roadblocks than the House bill, substantially limiting the ability of most start-up and seed stage companies to utilize crowdfunding to raise capital.  It has been reported that at the committee hearings in December, most of the testimony focused on concerns about the potential for fraud, rather than the importance of access to capital and the need for job creation.  So far in January, no further action has been taken by the Senate on the crowdfunding bills.

Categories: Crowdfunding, Venture Capital/Funding

Into the Breach . . .

breachSmartphone usage has skyrocketed in the past few years.  Physicians are no exception to the trend - with more than 81% of physicians using smartphones.  Disturbingly, the number of health data breaches has risen in tandem with increased smartphone usage, and most experts agree that the increase is no coincidence.

Recent reports have indicated that 96% of all health care organizations have experienced at least one data breach during the past two years. Although the report did not detail the number of data breaches attributable to mobile devices, there is agreement that the widespread use of mobile devices is putting patient data at risk. Read More ›

Categories: HIPAA