SACRAMENTO, Calif. (AP) — California’s top health official has revealed the math behind the state’s calculation that it is safe to lift remaining stay-at-home orders. He responded Tuesday to criticism that Gov. Gavin Newsom’s administration wasn’t releasing key data affecting people’s lives and livelihoods. Officials used six formulas to project that every part of the state will top 15% capacity in its intensive care units in four weeks. Rajiv Bhatia, an affiliated professor of medicine at Stanford University, was among several infectious disease experts who said the state’s formulas generally appear reasonable but leave out many potential variables.
continue reading » 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr With the personal information of up to 143 million consumers stolen, the Equifax data breach is believed to be the worst of all time. The stolen information is personal credit bureau data that lasts a consumers’ entire lifetime. Fraudsters have Social Security numbers, addresses, drivers’ licenses, dates of birth and credit cards, all pieces of information we rely on to confirm identity. Now that information can be bought and sold many times—and used to defraud banks, credit unions and consumers for years.Naturally, if fraudsters have so much identifying information on consumers and members, that means the foundation that banks and credit unions use to control new account fraud or application fraud is badly damaged. Fraud departments will need to change.Impact to Fraud DepartmentsExpect an increase of better and well-disguised fraud attempts. Therefore, fraud prevention and mitigation tools that worked in the past may not work anymore. How should your fraud department plan for the next 12 to 24 months? Following are five practical ways fraud managers can effectively plan for in the aftermath of the breach.
5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Hello Compliance Friends! Over the holidays, I had a chance to relax, travel and check out some old and new films. One of my favorite movies will forever be Disney’s The Lion King. The death of Mufasa will forever pull at my six-year old heart strings. Today’s blog will talk about what to do when Mufasa Member finds himself in a wildebeest stampede and the circle of life suddenly closes.As compliance practitioners, I am sure that you are aware a lot of these issues would need to be discussed with your local counsel because they directly involve state law issues. However, I have highlighted some NCUA specific and federal law issues that may serve as helpful reminders. I have segmented this post according to subject areas for your convenience.AccountsThe FCU Model Bylaws contain the following provision with regard to keeping a deceased member’s account open. You may want to review your credit union’s bylaws for a similar provision. continue reading »
Recent USC graduate Qiao Xing was among the 227 passengers and 12 crew members on the missing Malaysia Airlines flight MH370. The flight is presumed to have crashed in the Indian Ocean.Remembrance · Qiao Xing graduated from USC in December 2012 and was on flight MH370 for a business trip for her employer, Shell Oil. – Photo courtesy of El RodeoXing, also known as Joy, graduated from USC in December 2012 with a master’s degree in petroleum engineering.Friends close to her said she had a unique perspective on life that lit up everyone around her.“She was pretty optimistic and always looked on the bright side of life,” said Kaylee Yang, a friend of Xing’s and a senior majoring in environmental studies and business administration.During Xing’s time at USC, she was an active member of campus religious life. At the beginning of her last semester in August 2012, Xing was baptized.Yulin Billy Shen, another close friend and a USC graduate, said that Xing’s experience with God was “most important” to her during her time in the United States.“The most important thing she [encountered] in the United States is that she knew God, which changed her life and her being a lot,” Shen said.Xing would invite two friends to her apartment every Thursday to do Bible readings for an hour, said Yang, who attended the readings regularly.Yang recalled that Xing enjoyed singing short hymns, such as Matthew 4:4 and 6:33.“I remember her saying that she really got to know God during her time here at USC,” Yang said. “After the meeting with the Christian community here in Los Angeles, one of the Christians here introduced her to the church in China.”After graduating from USC, Xing accepted a job as a reservoir engineer for Shell in Beijing and found time to meet with the same church in the city.Keri Hui, another friend of Xing’s and a junior majoring in piano performance, said that Xing grew up during her time at USC and appreciated the help and support of the USC Christian community.Xing also worked as a customer service representative for USC Housing and was a cashier at the USC Bookstore.Shen noted that as a whole, Xing’s experience in the States was incredibly memorable.“She was in the United States for only two years, but her experience was rich,” Shen said.When Xing boarded Malaysian Airlines Flight MH370, she was on a business trip for Shell, Hui said.Malaysian Prime Minister Najib Razak said Monday morning that new data and analysis by Inmarsat, a British satellite provider, and the British Air Accidents Investigation branch confirmed that flight MH370 is lost within a remote part of the Indian Ocean, according to The New York Times.Prime Minister Najib said that based on pings received by the satellite, flight MH370 “ended up in the Southern Indian Ocean.”Malaysia Airlines sent its condolences with a text message to the family members of the lost passengers and crew members Monday morning.Friends of Xing said that despite their tragic loss, they are comforted knowing that Xing is with God.“Regardless of the outcome, God really takes care of all his believers and I do believe she’s being taken care of,” Yang said.When Hui thinks back to Xing at USC, all the memories she has of her lead to one common factor.“She was very sweet to everyone,” said Hui. “I only remember that she always had a smile on her face.”