States Get $39.5M in Anthem Data Breach Settlement
Anthem agreed to a $39.5 million settlement with 43 states for the health insurer’s 2014 data breach involving information of nearly 80 million Americans (see 1502050030), state attorneys general said Wednesday. Anthem agreed to strengthen data security and governance practices,…
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including a prohibition against misrepresenting how much it protects privacy and security of personal information. The company will implement a comprehensive security program, including zero-trust architecture principles and regular reporting to the board and CEO, and will receive third-party security assessments and audits for three years. It's glad to resolve the last open investigation related to the cyberattack, the company said: “Anthem does not believe it violated the law in connection with its data security and is not admitting to any such violations.”