Anthem's Speedy Breach Detection Likely To Ease Liability

By Allison Grande (February 5, 2015, 8:58 PM EST) -- While the recent breach at Anthem Inc. is likely to expose the 80 million impacted customers and employees to a greater risk of identity theft than found in large-scale payment card hacks, the health insurer's quick and early detection of the intrusion is likely to help it stave off much of the scrutiny it will face from both the class action bar and regulators.

In a notice posted late Wednesday, Anthem — the nation's second-largest health insurer — revealed that cyberattackers had executed a "very sophisticated attack" to gain access to one of the company's information technology systems, which contained names,...

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