According to a Wells Fargo Insurance white paper:

The office building of health insurer Anthem is seen in Los Angeles, California

Anthem’s potentially record-breaking breach of personal data earlier this year is only one of several hundred disclosed by healthcare providers every year, making it clear that this sector is on the front lines. In fact, the data healthcare entities possess is considered quite valuable — it sells on the street for up to 50 times what a Social Security number does — thus making healthcare entities a primary target for cyber criminals, according to a Wells Fargo Insurance white paper.

Wells_Fargo1024pxThose in the healthcare industry must protect clients with diligent security and an effective breach response. Wells Fargo says mitigation tools include a robust data breach management program and enhanced insurance to cover forensic expenses, customer notification, credit monitoring and medical identity restoration.

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HB Litigation Conferences Presents

NetDiligence Cyber Risk
& Privacy Liability Forum


June 2-3, 2015