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ANTM Anthem Inc

482.58
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Anthem Inc NYSE:ANTM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 482.58 0 01:00:00

Anthem to Pay $16 Million Settlement in Hacking Case -- Market Talk

16/10/2018 12:30am

Dow Jones News


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2300 GMT [Dow Jones] Anthem Inc. (ANTM) will pay $16 million in a settlement with federal regulators in connection with the massive data breach it disclosed in 2015, which affected the health information of nearly 79 million people. The Department of Health and Human Services said it was the largest such settlement ever. The department said its investigation had faulted the giant insurer for insufficient risk analysis, and added that the company "failed to identify and respond to suspected or known security incidents, and failed to implement adequate minimum access controls to prevent the cyber-attackers from accessing sensitive" health information. The hackers accessed the insurer's systems initially after at least one employer responded to a "spear phishing" email, the regulator said. (anna.mathews@wsj.com)

 

(END) Dow Jones Newswires

October 15, 2018 19:15 ET (23:15 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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