Here is the latest Copier News, from Copitex, Boston’s Leader in Copier Sales, Rentals & Leasing.
Lexmark has another security issue
- Dark Reading magazine, and many other IT publications reported on a new security vulnerability in Lexmark printers and MFPs
- Lexmark is a division of Ninestar of China
- “A nasty SSRF bug in Web Services plagues a laundry list of enterprise printers”
- Allows hackers to implement a remote code execution (RCE)
- apparently affects more than 120 different Lexmark printers and MFPs
- carries a score of 9 out of 10 on the CVSS vulnerability-severity scale
- a server-side request forgery (SSRF) vulnerability
- Lexmark has issued a firmware patch and noted that disabling Web Services on TCP port 65002 altogether will also provide protection.
Debate continues over remote workers
- Microsoft published a research report
- 85% of managers are “not confidant that hybrid workers are being productive when not in office”
- 73% of workers say they demand a “better reason to go into office than just the company expectations”
- Some workers are still afraid of airborne viruses in the office
- Listings for jobs for remote workers are down to just 12%
Xerox reports last quarter’s earnings
- Total revenue up 2% to $1.94 billion
- Hardware revenue of $554 million
- Color A4 MFP installs up 59%
- B/w A4 MFP installs down 35%
- Color A3 MFP installs up 56%
- b/w A3 MFP installs up 68%
- PPS color installs up 1%
- PPS b/w installs down 8%
- Post sale revenue of $1.387 billion
- Hardware revenue of $554 million
- Operating income up to $178 million
- Net income of $121 million
- Gross margin of 8%
- R&D now 6% of revenue
- Operating margin down to9%
- $246 million order backlog
- Total debt $3.7 billion
Xerox buys two dealers
- Announced it has acquired Advanced of England, a hardware and managed print services dealer, and was already an authorized Xerox dealer
- Announced it has acquired Digitex of Canada
Sharp ships new color MFPs with AI
- Now offering the BP-70C and BP-50C series
- BP-70C65 (65ppm), BP-70C45 (45ppm) have document feeder that holds up to 300 originals
- Scans both sides of original at same time
- Top scan speed of 280ipm or 140opm
- Motion sensor to detect user approach and activates MFP
- Optional double feed detection kit
- BP-50C26 (26ppm), BP-50C31 (31ppm), BP-50C36 (36ppm), BP-50C45 (45ppm) and BP-
- BP-70C65 (65ppm), BP-70C45 (45ppm) have document feeder that holds up to 300 originals
50C55 (55ppm) have document feeder that holds up to 100 originals
- Traditional reversing document feeding
- Top scan speed of 80opm
- Document feeding includes smart Auto Set scanning
- Automatically determines the optimal scan resolution
- Automatic gradation setting
- Automatic compress rate
- Automatic page orientation
- Automatic skew correction
- Scan to OneDrive for Business, SharePoint Online, Google Drive, Box, Dropbox and MS Teams
- Scan to searchable PDF, email, FTP, SMB folder
– 1200x1200dpi
- Optional fax board
- Optional Internet fax
- 4 tandem OPC drum design
- 1” color LCD touchscreen
- First color copy out time from 6 to 6.5 seconds
- 29 second warmup time
- Paper handling up to 300gsm
- Comes standard with 550 sheet paper drawer and 100 sheet stack bypass
- Max of 12” x 18” sheet size
- Max of 6,300 sheet capacity with options
- Bypass can hold up to 20 envelopes
- Finishing options:
- Inner finisher with folding option
- External finishers with stapling, hole punch, booklet making
- Built-in print controller:
- Comes with “SECURE” features:
- Data encryption
- Data erase
- BIOS firmware security
- LDAP and Active Directory
- Image job log
- Whitelisting
- End of lease data erase
- TLS 3
- If customer requests ISO Common Criteria certification, then need optional BP-FR12UL data security kit
- Optional BitDefender antivirus kit
- Support Microsoft Universal Print
- Periodically automatically checks for firmware updates
- Comes with “SECURE” features:
- PCL and PS print drivers standard
- 6GHz processor
- 10/100/1000BaseT & USB ports
- 5GB RAM
- 256GB SSD (can upgrade to 512GB)
Sharp’s parent to focus on electric cars
- Sharp is a division of Foxconn of Taiwan (aka Hon Hai Precision)
- “We are not in the business of selling our own brand of electric vehicles, but we do want our customers to sell a lot of electric vehicles”; stated Liu Young-way, chairman of Foxconn
- Aims to manufacture much of the world’s electric vehicles
- Goal of $31 billion in electric vehicle sales revenue in 2025
- Will use plants in Taiwan, Thailand and the S.
Proof that cybersecurity is growing in importance
- Thoma Bravo, a private equity company, announced it will spend $1.3 billion to buy Magnet Forensics
- Based in Waterloo, Canada, markets suite of digital forensic tools and incident response solutions
- Has already acquired Ping Identity, SailPoint, Sophos, Imperva, LogRhythm, AppOmni, Proofpoint and Venafi
Signs of recession?
- Article in New York Times newspaper details how low interest rates were fueling growth, but now the “easy money” days are gone.
- “The whole tech industry of the last 15 years was built by cheap Now they are getting hit by a new reality, and they will pay the price
- Carvana, the online used car retailer, was worth $80 billion eighteen months ago, but is now value at less than $1.5 billion
- Value plunged 98%
- Did a round of layoffs in May and another in November
- SalesForce bought Slack (office communication tools) for $28 billion
- Borrowed $10 billion to complete transaction
- Now it is cutting 8,000 employees, many of them at Slack
- Zillow, real estate firm, had $45 billion valuation in 2019
- Now shrunk to $10 billion
- Went from 8,000 employees to 5,500 employees
- Study published by National Association for Business Economics
- More businesses expect staffing reduction at their companies in the coming months
- 33% say firm is fully staffed
- 19% will be laying off staff in next 90 days
- “widespread concern about entering a recession this year”
- “fewer respondents than in recent years expect their firms’ capital spending to increase in the same period”
- 40% say their companies’ margins have declined during past 90 days
- Expect to pay higher wages for the workers they are holding on to
- The Register newspaper is reporting that IBM is going to replace 80 US workers with lower cost employees in the country of India
- Average salary for US tech developer is $109,000, which same job in India is $38,000
Square 9 to add AI to solution
- Square 9 Software of Connecticut, is maker of Softworks document management solutions
- Launched TransformAI, which captures data from documents by intelligently discerning the identity and location of information on each page
- Completely forgoes use of template-based data extraction
- Reduces number of human touch points necessary to capture info
Ricoh completes acquisition of Fujitsu scanners
- The document scanner division of Fujitsu is now a division of Ricoh
- The produce will have brand logo of Fujitsu replaced with Ricoh brand
- Model numbers and specifications will remain the same
- Ricoh paid $625 million for the division
Quocirca on use of cloud computing
- 61% of business expect to be fully or mostly using the cloud for their IT infrastructure by 2025
– Up 27%
- 20% are deemed cloud leaders by moving all to the cloud
- 49% of cloud leaders expect a decline in print
- 28% of cloud laggards (those who do not use cloud) expect a decline in print
- Sustainability and cost savings are top two motivating factors to move to cloud
Canon names new executives
- Hiroto Kato was named new VP of Imaging Technologies & Communications Group
- Shuji (Steve) Suda named new VP and GM of Hybrid Workplace Solutions Group
Canon wins production print contracts
- Award from DNI of Nashville, TN, provider of transpromo and direct mail marketing
- Installed a new Canon varioPRINT iX sheetfeed color inkjet system
- Award from Freedom Graphic Systems of Illinois
- Installed a new canon ColorStream 6900 color inkjet system and a ProStream 1800 b/w inkjet system to produce direct mail pieces
Commercial print solution market growth
- Report published by MRAccuracy Reports
- Market expected to reach $8 billion by 2028
- Web-to-print solution market to reach $43.3 billion by 2031
EFI to spin off the Fiery business
- Announced that Frank Pennisi is now CEO of EFI (Electronics for Imaging)
- Formerly from Orora Packaging Solutions
- EFI is owned by Siris Capital Group
- Also announced that Fiery will now be a separate business, owned by Siris
- Fiery will continue to focus on print servers and related solutions, and be led by Toby Weiss, CEO
- EFI will focus on industrial inkjet solutions
CYBERSECURITY & HEALTHCARE VERTICAL NEWS
Major EHR vendor promotes Direct Messaging
- MEDITECH, headquartered in Westborough, Massachusetts, is one of the top 3 vendors for electronic health records systems in the U.S.
- Announced new partnership with MedAllies, so that its customers can use MedAllies technology to more easily share digital/interoperable PHI (send/receive) as Direct Secure Messages, rather than use fax
- (this means that healthcare facilities using MEDITECH/MedAllies will be able to receive Direct Secure Messages sent from the Konica Minolta Healthcare MFP powered by Kno2)
Fax causing breaches
- Joseph’s Health of Hamilton, Ontario, Canada published results of research on use of fax to share PHI
- Found that misdirected faxes caused 563 PHI breaches in the year 2020
- “Fax machines have no place in modern healthcare delivery”; stated privacy commissioner
- (sharing PHI via fax could be replaced by using Direct Secure Messaging with the Konica Minolta Healthcare MFP powered by Kno2)
Are TV ads from drug companies too influential?
- Research published by Dartmouth, Harvard and Yale Universities
- Less than 33% of pharmaceutical ads had “high levels of therapeutic value”
- Pharmaceutical companies spent $16 Billion on TV ads analyzed in the study
- Drug companies are the 4th biggest spender on TV ads in theS.
- Most other countries have a ban on TV drug ads, except New Zealand
- In 1997, the FDA changed rules to allow the TV ads used today
- “There are ethical concerns that such advertising strategies are predatory and cause harm to patients”
Healthcare IT market growth
- Report published by MarketsandMarkets
- Healthcare IT market expected to reach $974 billion by 2027
- Currently at $394.6 billion
- CAGR (cumulative annual growth rate) of 8%
Epic wins EHR contracts
- Award from Methodist Le Bonheur Health of Memphis, TN
- Includes MyChart for patient access of PHI
- Award from Tufts Medicine of Boston, Massachusetts
- Total cost of $70 million
- Award from Iowa Community Health Centers
- Hired OCHIN of Portland, Oregon to assist in implementation
eClinicalWorks wins EHR contract
- Award from Kansas City University College of Dental Medicine
- Located in Missouri
MEDITECH wins EHR contracts
- Award from Amberwell Health of Kansas
- Includes Hiawatha and Highland facilities
- Award from Redlands Community Hospital of California
- Award from Pioneer Medical Center of Meeker, Colorado
- Award from Genevieve Memorial Hospital of Missouri
- Award from Scotland County Hospital of Memphis, Missouri
- Award from Whitfield Regional Hospital of Demopolis, Alabama
- Award from Bernard Hospital of Chicago, IL
- Award from Appling Health of Baxley, Georgia
- Award from Cherry County Hospital of Valentine, Nebraska
HIPAA/cybersecurity breaches in the news
- The FBI announced that a hacker in Switzerland, accessed the FAA’s “no-fly” list, which lists 5 million people
- The American Hospital Association is warning hospital of the threat of Daixin ransomware
- The group steals PHI and installs ransomware for profit
- The Health Sector Cybersecurity Coordination Center published warning regarding hackers now using artificial intelligence to aid in creating more dangerous malware to hack into healthcare facility
- Margaret’s Health of Spring Valley, Illinois, notified an unknown number of patients that their PHI was exposed after cyber attack.
- Byng Public Schools of Pontotoc County, Oklahoma, notified an unknown number of teachers that their info was exposed by a former employee.
- FanDuel sports betting firm notified an unknown number of customers that their info was exposed after security breach.
- Los Angeles Unified School District of California notified an unknown number of students that they info was exposed after attack by Vice Society ransomware group.
- Pierce County of Washington notified 463,000 citizens that their info was exposed after it was mistakenly sent to a single individual outside the county government.
- Rhode Island Department of Health notified 8,800 number of patients that their PHI was exposed after it was inadvertently emailed to unauthorized people.
- Logan Health of Kalispell, Montana proposed to pay $4.3 million to settle lawsuit alleging negligence after a breach that exposed PHI of 213,543 patients.
- Microsoft announced that its Azure cloud platform went down temporarily on 1/25/23.
- FBI announced that “hacked the hacker” and took down the Hive ransomware group, which has supposedly collected $130 million in ransom payments from healthcare facilities in the U.S.
- UCHealth of Colorado notified 48,879 patients that their PHI was exposed after cyber
- UCLA Health of California notified 94,000 patients that their PHI was exposed after cyber
- Chico Immediate Care Medical Center of California notified 3,800 patients that their PHI was exposed after cyber attack.
- Baltimore County Public Schools of Maryland notified an unknown number of students that their PHI was exposed after cyber attack.
- Wawasee Community Schools of Syracuse, New York notified an unknown number of students that their PHI was exposed after cyber attack.
- Satellite Health of San Jose, CA notified 95,128 patients that their PHI was exposed after cyber
- BayCare Clinics of Wisconsin notified 134,000 patients that their PHI was exposed after inadvertent disclosure
- Rundle Eye Care of Orange, CA notified an unknown number of patients that their PHI was exposed after cyber attack.
