Here we go again and another great documentary from the folks at VPRO.  Scroll down to the bottom of this page to watch the Quants of Wall Street as well.  If you are in healthcare, you should have an interest here as insurance companies have hired armiesimage of them and their models are not that far off from what the banks and shadow banking business does. 

Data Scientists/quants in the Health Insurance Business–Modeling Beyond the Speed and Capabilities of Humans To Keep Up With The Affordable Care Act–Turning Into A World of Killer Algorithms That We All Hate..

This is great as they use the Norse website, which I have shown to many over the years on how you can see who’s hacking in real time.  Pay a visit if you have not seen it.   They talk about the motivation of “money” so nothing new there.  Hackers can sell the flaw but they may or may not be responsible how the buying party uses it.  So you have a hack that can expose all kinds of information to include credit cards and more…what do they do?  Remember the Anthem security leak?  Read below and see how crooks can repackage and sell that data just like new and legal data.  BD

Anthem Data Breach–Crooks Want to Sell Data Too–The Impact of the “Data Selling For Profit Epidemic” That Exists in the US With Scoring Consumers Removing Access and Human Dignity

 

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