Anthem agrees to pay $39.5M in latest settlement over 2015 hacking

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5 thoughts on “Anthem agrees to pay $39.5M in latest settlement over 2015 hacking

  1. It’s been 5 years so I don’t remember for sure about this, but I think I was notified that I was one of the 78 million people whose account data was hacked. Also also have no memory of ever getting any settlement. So it’s interesting to me that Anthem “earlier” paid $115 million as part of several class action lawsuits (a lousy $1.46 each, less attorneys’ fees) and now a group of states are getting $39.5 million (that would be $0.50 each). Does anyone remember getting any money or did they offer free credit monitoring for a year or some other such pitiful recompense?

    Anthem probably uses “commercially reasonable” efforts to secure their data and no company is bulletproof. Yet they also make billions a year on profit and could likely afford to disgorge more than $150MM for whatever back doors they had in their systems to ensure they take it more seriously in the future. Thoughts?

    1. I was one affected (thru my employer medical policy). I am still receiving monitoring, not of my credit accounts, but that none of my compromised info is appearing where it shouldn’t. I presume that means out for sale somewhere on the dark web.

  2. Yes my question as well. Who actually gets the money and/or is going to be getting this settlement money? I certainly hope it is not the States and HHS as they were not the ones damaged by this breach. But my fear is that the dollars will end up in the States’ coffers like all other fines and penalties. Anyone know the answer here?

    1. It’s like when Gov’t imposed 17k fines per person if you were stuck on a plane longer than 3 hours. Passengers saw nothing, FAA kept it. Passengers got to reschedule their flights for free, which they would have done anyway.

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