Anthem has agreed to pay $39.5 million in penalties and fees resulting from a sweeping 2015 cyberattack on the health insurer as part of a multi-state settlement, the company announced Wednesday. It’s the latest fallout from a major data breach that exposed data on some 79 million people, and which U.S. authorities have blamed on a Chinese hacker. The settlement, based on an investigation by attorneys general in over 40 states, requires Anthem to implement a security program that includes penetration-testing, and logging and monitoring of networks. It also bars Anthem from misrepresenting how the company protects its customers’ privacy and security, according to the New York attorney general’s office. “The company is pleased to have resolved this matter, which is the last open investigation related to the 2015 cyberattack,” Indianapolis-based Anthem said in a statement, adding that it has an “ongoing and consistent focus on protecting information.” The repercussions of the […]
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