ANTM - Anthem agrees to pay ~$40M to settle 2015 cyberattack
Anthem ([[ANTM]] +2.6%) agrees to another multimillion-dollar settlement over a cyberattack on its technology that exposed the personal information of nearly 79M people.The Blue Cross-Blue Shield insurer said Wednesday that it will pay $39.5 million to settle an investigation by a group of state attorneys general.Two years back, the company agreed to pay $16M with the U.S. Department of Health and Human Services to settle possible privacy violations.Previously: Anthem reaffirmed at Overweight by Stephens; to acquire CareCentrix (Sept. 25)Check out contributor article- 'Anthem: A Bargain At The Current Price'
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Anthem agrees to pay ~$40M to settle 2015 cyberattack