Data Security Expert: Cost of Anthem Breach Could Exceed a Billion | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Data Security Expert: Cost of Anthem Breach Could Exceed a Billion

February 24, 2015
by Gabriel Perna
| Reprints
Dan Berger
A recent research report on data breaches in healthcare indicates that the hack of Anthem could end up costing more than a billion.
Redspin Inc., a Carpinteria, Calif.-based health IT security consultant, released its annual breach report this week, highlighting the rising tide of incidents in the healthcare industry. The firm reports that 2014 saw 164 incidents of breaches of protected health information reported to the Department of Health and Human Services (HHS) Office of Civil Rights (OCR), a 25 percent increase from 2013. The report shows that more than half of the breaches were the result of hacking, including the notable incident at Community Health System that affected 4.5 million patients. 
The number doesn't include Anthem, which Redspin calls a landmark incident for health data security. "From here on, all [protected health information] breach statistics are going have to be reported as 'pre- or post-Anthem,'" says Daniel W. Berger, President and CEO of Redspin. "It's that big. We wouldn't be surprised to see the costs of the Anthem breach exceed a billion dollars."
Hackers are increasingly targeting health systems and insurers because the value that PHI holds on the black market, says Berger. Because of the sheer volume of health data that these organizations possess, he noted that it was only a matter of time before these hacks started becoming commonplace. 

Get the latest information on Health IT and attend other valuable sessions at this two-day Summit providing healthcare leaders with educational content, insightful debate and dialogue on the future of healthcare and technology.

Learn More



NIH Releases First Dataset from Adolescent Brain Development Study

The National Institutes of Health (NIH) announced the release of the first dataset from the Adolescent Brain Cognitive Development (ABCD) study, which will enable scientists to conduct research on the many factors that influence brain, cognitive, social, and emotional development.

Boston Children's Accelerates Data-Driven Approach to Clinical Research

In an effort to bring a more data-driven approach to clinical research, Boston Children’s Hospital has joined the TriNetX global health research network.

Paper Records, Films Most Common Type of Healthcare Data Breach, Study Finds

Despite the high level of hospital adoption of electronic health records and federal incentives to do so, paper and films were the most frequent location of breached data in hospitals, according to a recent study.

AHA Appoints Senior Advisor for Cybersecurity and Risk

The American Hospital Association (AHA) has announced that John Riggi has joined the association as senior advisor for cybersecurity and risk.

Report: Healthcare Accounted for 45% of All Ransomware Attacks in 2017

Healthcare fell victim to more ransomware attacks than any other industry in 2017, according to a new report from global cybersecurity insurance company Beazley.

Study: Use of EHRs Does Not Reduce Administrative Costs

A recent study by Duke University and Harvard Business School researchers found that costs for processing a single bill ranged from $20 for a primary care visit to $215 for an inpatient surgical procedure, or up to 25 percent of revenue.