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
  • 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-

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

  • 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






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.

Copitex is Boston’s leading provider of Konica Minolta Copiers. Contact us to buy, lease or rent a Konica Minolta Copier.

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