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On a local level, the ransomware attack that engulfed Scripps Health this past week, paralyzing digital resources from hospitals to outpatient clinics, was isolated. Other health care systems in the region have been unaffected and able to assist diverted patients with serious and immediate needs including heart attacks and strokes.
But, look around and it is obvious that Scripps is not alone.
A recent report from software firm VMWare Carbon Black estimates that its health care customers experienced a 9,851 percent increase in hacking attempts in 2020 compared to the previous year. And activity intensified with the COVID-19 pandemic, attempts spiking 87 percent from September to October.
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Board of Abu Dhabi Global Market Approves Formation of ADGM Authority, Will be Led by Financial Services Veteran Mark Nicholas Cutis
The
Board of Abu Dhabi Global Market (ADGM), the international financial center located in Abu Dhabi, has reportedly approved the formation of the
ADGM Authority.
ADGM Authority is expected to be led by
Mark Nicholas Cutis, who will be serving as the organization’s Chief Executive. He will be taking on this role in June 2021. The newly-established authority will be playing a key role in supporting ADGM’s ongoing growth by taking advantage of the latest trends emerging across the global financial services industry and the developments related to the the post-COVID world.
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Cutis had also worked at Abu Dhabi Investment Council ADGM expands its operational and jurisdictional reach by the setting up of the ADGM Authority. Image Credit: Supplied
Dubai: The financial hub Abu Dhabi Global Market (ADGM) has set up the ‘ADGM Authority’ and appointed Mark Cutis as its new CEO.
The entity will drive “ADGM’s growth by leveraging the trends emerging across the international financial services sector and the developments associated with the post-pandemic world,” said the regulator in a statement. The key functions of the new authority will include: Office of Strategy and Business Development, Corporate Services, the Office of Information Security and Enterprise Risk Management.