Federal regulators have smacked health insurer Anthem Inc. with a record $16 million HIPAA settlement in the wake of a cyberattack revealed in 2015, which impacted nearly 79 million individuals. In announcing the largest-ever HIPAA fine, regulators noted the insurer failed to take several basic security steps, including conducting an enterprise wide security risk assessment.
The previous largest HIPAA settlement was $5.55 million paid by Advocate Health Care in 2016.
Read David Holtzman's comments that are featured in this article here.
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