Anthem Insurance Data Breach

[carnageX]

In case you haven't heard, bad news for people that have insurance through Anthem.

HARDOCP - Deep Panda Blamed for Anthem Healthcare Hack
And even worse...the data wasn't encrypted:
HARDOCP - Anthem's Stolen Customer Data Not Encrypted

 

[IntelFanboy417]

Wow that stinks, strange to hear an insurance company doesn't keep their files encrypted haha... makes you wonder though what security other companies have.

 

[Gabis1207]

Yeah. I might want to contact my insurance company and ask them what they're doing to prevent this from happening to them.

 

[carnageX]

I expect these guys to get hit hard because of HIPPA...

Really bad practice to not store data encrypted...

 

[Gabis1207]

According to what I read, this would fall under a Tier 4 HIPAA violation, according to this source, costing

$50,000 or more for each violation, up to a maximum of $1.5 million for identical provisions during a calendar year

 

[IntelFanboy417]

Wow, hopefully that fee will be good incentive to use better security for future companies.

 

[Gabis1207]

I can just imagine the conversation at Anthem HQ:

CEO: "What do we do, Collin? We've got one-and-a-half million dollars in fines to pay..."
CFO: "Well, we could always raise everyone's premiums..."

 

[the1truegamer]

This is a mega corp. 1.5M is probably less then what they will spend to upgrade their security in the first place.

 

[Gabis1207]

That won't prevent them from raising premiums over this.. Can't eat into the Executives' paychecks, now can we?