Auto Insurance AUTO

Auto insurance protects you against financial loss if you have an accident.

Read More
Homeowners Insurance HOME

A standard policy insures the home itself and the things you keep in it.

Read More
Business Insurance BUSINESS

Discover the perfect insurance options to meet your specific and unique needs.

Read More
Contractors Insurance CONTRACTOR

Browse a variety of insurance options in order to find the right one for you.

Read More
Medicare Insurance MEDICARE

Learn about different medicare coverage to fit your specific needs.

Read More
Travel Insurance TRAVEL

Finding insurance doesn't have to be difficult. We do the work for you.

Read More

Anthem slapped with lawsuits, probe following data breach

The Anthem Inc. data breach is shaping up to be a watermark case for insurance agents and brokers hoping to demonstrate the hidden costs of cyber crime.

Just a few days after the health insurer announced the breach, potential class-action lawsuits were filed in Alabama and California alleging Anthem did not adequately protect the data that was exposed in the hack.

Specifically, the two Anthem customers say the insurer did not appropriately encrypt customer data, such as social security numbers, addresses and phone numbers, and in so doing, accepted money from policyholders who believed Anthem would take “sufficient measures” to protect personal information.

“It appears that Anthem’s security system did not involve encrypting Social Security numbers and birth dates—two of the most valuable pieces of information a thief can have,” said a complaint filed on behalf of California plaintiff Susan Morris.

The two lawsuits could eventually be merged and attract other complaints for a widespread class-action lawsuit, a Fortune.com report said.

The cyber-attack, which is believed to have exposed the personal data of more than 80 million customers, is now being probed by several US states for possible ties to China. California’s Department of Insurance is also reviewing Anthem’s response to the data breach.

The Wall Street Journal reported that some of the tools and techniques used to hack Anthem were similar to those used in cases with links to China. The FBI, which is investigating the breach, refused to comment, however.

“As far as China being involved, I don’t know,” spokesman Paul Bresson said. “I don’t think we know yet.”
Posted 1:07 PM  View Comments

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive


View Mobile Version
Facebook
LinkedIn
Google+
Blog RSS
Yelp
Enhanced Insurance
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
© Copyright. All rights reserved.
Powered by Insurance Website Builder