Security?

HIPAA & Cybersecurity Update Cybersecurity if the #1 financial issue for the U.S. healthcare industry according to report published by Healthcare Finance magazine. Costs industry $5 billion per year Currently, healthcare facilities allocate 4-7% of their IT budgets to security, but finance vertical averages 15% Google Chrome and Mozilla Firefox browser extension were used to

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What’s in your printer?

Lexmark devices are threat – fed gov report The Inspector General of the Defense Department of the U.S. published a report that states that using Lexmark devices could threaten national security The devices “contain supply chain vulnerabilities from China” “Lexmark has connections to the Chinese military (as Lexmark is now owned by Ninestar of China),

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Security threat

HP, Samsung, Ricoh & Xerox unsecure? Researchers at Armis Labs (security software firm headquartered in Palo Alto, CA) published report that names 11 serious security flaws affecting devices that use the Wind River VxWorks operating system The flaws, named “Urgent/11” affect over 200 million devices According to Armis, this OS is used in devices sold

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Industry News

Paper usage still strong in office CIO magazine article on findings of Wakefield Research and InfoTrends survey 73% of owners and decision makers of smaller companies still print at least 4 times per day Spend as much as $27,000 per year on processes to support average of 5,000 printed pages per month Average office workers

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Industry News

Tariffs coming for MFPs and printers Federal government announced that on 9/1/2019, the US would impose a 10% tariff on the remaining $300 billion worth of Chinese-made imports that so far have not been subject to US tariff This would include MFPs and printers from many Japanese companies that are made in China

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Industry News

Epson reports its last quarter’s earnings Profits down 97.8% to 249 million yen Reported loss of 6.9 billion yen Total revenue down 4.2% to 250 billion yen Printing Solutions (MFPs and printers) division revenue down 3.4% Profit down 4.2% High capacity ink tank color printer/MFP sales flat Printer revenue down 8.2% High end device (WF

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Industry News

Ricoh details its last quarter earnings Total sales down 2.7% to 477.6 billion yen ($4.4 billion) In Americas, total sales down 2.3% Gross profit down 5.2% to 184.4 billion yen Operating profit up 39.8% to 27.5 billion yen Office Printing division (printers, MFPs) sales down 6.4% to 265.2 billion yen ($2.5 billion) Decrease in MIF

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Industry News

Canon to improve its MFP security Announced that it is partnering with McAfee Security to provided protection against malware in its new imageRUNNER ADVANCE III series of MFPs (Xerox was first to announce it was outsourcing some of its MFP security features to McAfee) The new feature “McAfee Embedded Control”, will come standard on new

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Industry News

Hon Hai gives out Sharp’s earnings details Hon Hai of Taiwan (aka Foxconn is owner of Sharp) posted results for Sharp’s fiscal first quarter that ran from April 1 to June 30, 2019 total sales fell 3.5% to 514.9 billion yen ($4.8 billion) profits fell 34.7% to 12.5 billion yen Operating profit fell 41.1% to

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Industry News

Kyocera gives out earnings details Kyocera (aka Kyoto Ceramic Company) for its last quarter Total revenue down 0.7% to 384.9 billion yen ($3.6 billion) Operating profit down 39% to 22.6 billion yen R&D is 4.9% of revenue of 18.9 billion yen Announced it will relocated manufacturing of US bound MFPs and printers to Vietnam to

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Industry News

Xerox & Fujifilm court battle update The two companies are now arguing over plans to depose Fujifilm’s top executives, as Xerox is trying to avoid paying a $1 billion fine for backing out of Fujifilm’s plan to acquire company Xerox wants to depose Fujifilm CEO Shigetaka Komori and COO Kenji Sukeno in court Fujifilm has

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Industry News

August 4, 2019 Xerox gives out earnings details For its second fiscal year quarter Total revenue down 8.8% from $2.5 billion to $2.3 billion Revenue from Americas down 6.7% to $1.5 billion Gross margin down from 39.9% to 39.2% Percent of revenue spent on research & development down from 4% to 3.8% Operating income up

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Industry News

Xerox gets reorg approved announced that it has received federal approval for its proposed holding company reorganization existing shares of Xerox common stock will be automatically be converted on a one-for-one basis into shares of common stock of Xerox Holdings Corp. (industry analysts believe that this move makes it easier for Xerox to be acquired,

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Konica Minolta Innovation Support

Konica Minolta Supports Global Health Challenge, Technical University of Munich Posted on July 24, 2019 by IA Staff Langenhagen, Germany, 24 July 2019 Dedicated to supporting Konica Minolta’s evolution into a leading edge solutions provider of platforms, Global R&D creates end-to-end pipelines for innovation in the contexts of digital workplaces, Industry 4.0 and digital healthcare. From concept design,

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Data Protection

Healthcare Data Is Still Not Receiving Enough Protection Posted on July 24, 2019 by IA Staff The healthcare sector manages a high volume of data including confidential patient data which requires robust security measures to ensure it doesn’t get into the wrong hands. Unfortunately, due the hype around cyber attacks and hackers accessing digital data, many organizations have

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EPSON

Epson DS-80W Awarded “Outstanding Mobile Scanner” by Keypoint Intelligence – Buyers Laboratory Posted on July 22, 2019 by IA Staff BLI Recognizes Epson DS-80W Document Scanner with Summer 2019 Pick Award LONG BEACH, Calif. – July 18, 2019 – Epson America, a leading scanner brand, today announced Keypoint Intelligence – Buyers Laboratory (BLI), the leading independent evaluator of document imaging software,

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HP counterfeit print cartridges

HP seizes more counterfeit print cartridges Announced that in a joint effort with law enforcement, has seized $7 million worth of print cartridges from Indonesia, Thailand, Malaysia and Vietnam All product was advertised as being able to work in HP-branded printers and MFPs Included 17 raids and 5 arrests Claims that sales of counterfeit cartridges

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Equipment Leasing expected to grow

Equipment leasing to grow Survey published by ELFA (equipment leasing and finance association) 10% of executive surveyed believe business conditions will improve further in next 4 months 3% say stay the same 10% believe demand for leases will increase 10% think they will have more access to funds 3% expect to hire more people 30%

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Great America Leasing news

Leasing company offers security services Great America Leasing, through its subsidiary Collabrance, is now offering security services for dealers to resell The “Master MSSP Offering” features: 30 different layers in portfolio NOC (network operating center) and Help Desk in Cedar Rapids, Iowa Cybersecurity solutions and training (apparently does not offer HIPAA risk assessments)

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Ricoh news

Ricoh to miss earnings estimates Article written by Jefferies Financial Group Anticipates that company will post earnings of $0.25 per share for last quarter Has market capitalization of $7.01 billion Believes it will have revenue of $4.76 billion for quarter compared to original estimate of $5.26 billion

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Canon news

Canon profit to sink Nikkei Asian News is reporting that Canon’s operating profit is on track to drop 40% to $1.85 billion for the year Falling 60 billion yen short of already downgraded guidance from Canon Sales will likely “shrink 6% to 3.7 trillion yen or off 100 billion yen from forecast” Reason given is

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Lexmark news

Lexmark launches “GO” series of devices New printers and MFPs aimed at “small work groups and micro SMB end users” “It is built like a tank, but has weight of a ballerina”; stated Lexmark VP Sammy Kinlaw With new products, Lexmark is “betting the farm on the channel”, hoping dealers and VARs will have success

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Lexmark news

Lexmark’s parent reports first half results Ninestar of China is owner of Lexmark and reports earnings for first half of 2019 Lexmark division MFP unit placements had no growth over last year Operating income flat Net profit down

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Pearl Fincher Museum

PREVIEW #2 Pearl Fincher Museum SuperSummer Auction Event Launch is Coming Your Way! Here’s a Headstart on the BIG REVEAL! CLICK HERE TO VIEW MORE PHOTOS & DETAILS THE ULTIMATE TOP GUN EXPERIENCE  A featured item included in the SuperSummer Auction. Get ready for the most amazing air combat experience anywhere! Watch for the Auction Launch Countdown!  

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US Dept of Labor – Today’s Stats

Stat of the Week Record Low Unemployment Nine states have record low unemployment rates, according to data released today by the Bureau of Labor Statistics. Alabama, Arkansas, New Jersey, and Texas set new series low unemployment rates, while Iowa, Maine, North Dakota, Pennsylvania, and Vermont matched their series lows.

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