Tag Archive for: PRODUCT

Suspect you have experienced a side effect or incident from a healthcare product? Submit a Yellow Card report to improve safety for everyone

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The eighth annual #MedSafetyWeek campaign has today (6 November 2023) been launched by the Medicines and Healthcare products Regulatory Agency (MHRA). Part of a global campaign involving 88 countries, the initiative runs from 6-12 November and aims to improve patient safety by encouraging reporting of any suspected side effects from medicines and adverse incidents associated with medical devices.

With this year’s theme being ‘Who can report?’, the campaign focuses on the key role that every patient, carer and healthcare professional has in reporting suspected side effects and adverse incidents with medical devices, and the positive impact this can have on patient safety. You don’t have to prove that the healthcare product caused the side effect or incident – just a suspicion is enough for you to submit a report.

This year’s campaign consists of an international collaboration involving 100 organisations spanning across 88 countries that operate their own national patient safety monitoring systems like the MHRA Yellow Card scheme. The purpose of safety monitoring is to gain information about new side effects and adverse incidents, to find out more about known ones, and, most importantly, to ensure the safest use of medicines and medical devices.

All healthcare products carry a risk of causing adverse reactions or incidents. The Yellow Card scheme is one of several robust measures used by the MHRA to continuously monitor the safety of medicines and medical devices once in clinical use to ensure their benefits continue to outweigh any risks. All healthcare product regulators operate systems to detect and analyse adverse reactions and incidents.

It is important that everyone submits a report to the Yellow Card scheme as soon as they suspect a side effect from a medicine or adverse incident associated with a medical device. This ensures that actions to reduce harm are based on the best available evidence and can improve safety for as many people as possible.

Dr Alison Cave, MHRA Chief Safety Officer, said:

“Every report made to the MHRA Yellow Card scheme counts. Yellow Card reports are vital in building more knowledge and understanding about the potential risks of…

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Product leasing giant warns that sensitive information was stolen during cyberattack

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Progressive Leasing, a billion-dollar company that allows people to lease consumer products, announced a cyberattack last week.

In a statement to Recorded Future News, the company said it has seen no “major” operational impacts to its services as a result of the attack but noted that it is still investigating what happened.

“Progressive Leasing recently experienced a cybersecurity incident affecting certain Progressive Leasing systems. Promptly after detecting the incident, we engaged leading third-party cybersecurity experts and launched an investigation,” a spokesperson said.

“Our team is working diligently alongside our cybersecurity experts and with law enforcement to investigate and respond to this incident … The investigation into the incident, including identification of the data involved, remains ongoing.”

The Salt Lake City-based company has dozens of partnerships with major retailers like Best Buy, Samsung, Cricket, Lowe’s, Zales, Overstock, Dell and more. They are one of the biggest lease-to-own companies in operation and are part of a larger corporation — PROG Holdings — that offers “buy now, pay later” options.

On Thursday, the corporation reported the cyberattack to regulators at the SEC, writing that it “believes the involved data contained a substantial amount of personally identifiable information, including social security numbers, of Progressive Leasing’s customers and other individuals.”

“Progressive Leasing will provide notice to those individuals whose personally identifiable information was involved in the incident, as well as to regulatory authorities, in accordance with applicable laws,” it said.

“The Company has incurred, and may continue to incur, significant expenses to respond to, remediate and investigate this matter. The full scope of the costs and related impacts of this incident, including the extent to which these costs will be offset by the Company’s cybersecurity insurance, has not been determined.”

The company’s chief financial officer added that they do not expect there to be a financial fallout from the attack as a result of limited operations — unlike cleaning giant Clorox, which reported to the SEC…

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Product Security Needs A C-Suite Champion

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Chief Product Officer at GrammaTech, where he leads product strategy for the company’s application security testing product portfolio.

Five years ago, Congress was concerned enough about the safety of devices in the emerging Internet of Things that it considered creating ratings to show the security level of connected products. The law proposed a scale like the Energy Star efficiency ratings to validate products that are designed to minimize their vulnerability to hacking and protect users’ privacy and safety.

While that legislation may have been ahead of its time, not much has developed since to give users visibility into the security of devices that are everywhere today, from the camera in your smart doorbell to the critical infrastructure in the power grid.

One development is encouraging: the evolution of product security executives (PSE), the professionals responsible for the security of cyber-physical products. They are the ones who ensure the software inside these devices is secure and not vulnerable to cyberattacks.

PSEs share some responsibilities with the chief information security officer (CISO), but they have very different functions. PSEs focus on the digital security of products, including software, firmware or other products embedded in hardware. They implement a product security program that addresses cybersecurity throughout the product life cycle. In short, they are responsible for keeping bad actors from breaking into their products via the software.

Just like the role of CISO grew in response to the explosion of data breaches in the first wave of digital disruption, the PSE has been a response to the growth of “phygital” operations, where many processes that were once manual are now digital and controlled by networked devices. Everything from pacemakers to cars can be vulnerable to hackers if the code inside them is compromised, but the security of these devices has not always been top-of-mind.

Even organizations that take information security seriously may need to put more focus on the security of the code inside the products they make, as can be seen by the size of the teams and the number of resources dedicated to one versus the other. The hack

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Protectt.ai launches new Product Innovation Centre at Chennai to meet India’s growing need of mobile security

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Protectt.ai Chennai Centre

Center will serve as hub to address the mobile app & transactions security needs of banking and financial enterprises

INDIA, AUGUST 03, 2022 (GPN): Pioneering mobile threat defense (MTD) start-up, Protectt.ai announced expanding its reach with improved facility at Product Innovation Center, Chennai. The new centre will cater to the ever-evolving mobile threat defense needs of banking and financial enterprises by delivering solutions powered by deep tech and cutting-edge research in mobile security. This centre will give a boost to place India at centre stage of the world dynamics on advance mobile app security solutions for organizations.  The Product Innovation Center will bring together Protectt.ai’s digital ecosystem including clients, partners, startups and academia to inspire and nurture innovative Mobile Digital solutions in cyber threat defense area.

With India attaining the stature of being a mobile first economy with world’s highest number of digital transactions, new-age digital services & banking offered over mobile apps have come under repeated cyber-threats exploiting the multiple undetected vulnerabilities in the mobile ecosystem.

On this backdrop, Protectt.ai’s Product Innovation Centre focused upon Mobile App Security will be dedicated for R&D of mobile app security solutions and monitoring. It will be further enhanced as India’s First Security Operating Centre (SOC) dedicated for Mobile App Threats monitoring by next quarter.

The benefits to enterprises will be in form of embracing a robust mobile app security framework which in turn can help them to deliver secured and enhanced customer experience on their mobile apps. It also enables businesses to lower their cost of app security implementation while being fully compliant with regulatory guidelines.

The innovation center will further draw mileage from Protectt.ai’s industry-first Innovation that uses unique Run Time Application Self Protection (RASP) for mobile app security & fraud control. Effectively businesses such as Banks, Insurance, NBFC & FinTech’s can rely on Protectt.ai’s pioneering MTD solutions while focusing on their core business.

Manish Mimani, Founder…

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