Anthem to pay record $16M for 2015 data breach

Anthem will pay a record $16 million to settle potential privacy violations stemming from its massive data breach 2015 data breach which compromised the data of nearly 80 million current and former patients.

The settlement amount is reportedly three times larger than the previous record amount paid to the governments in privacy cases.  

The company also agreed to a corrective action plan under government monitoring, which involves a process for the company to assess its electronic security risks, take appropriate countermeasures and maintain ongoing surveillance, according to the Associated Press.

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