Chinese Hackers Involved In Anthem Inc Hack [REPORT]

0
Chinese Hackers Involved In Anthem Inc Hack [REPORT]

Investigators looking into Anthem Inc.’s data breach are seeing evidence that is pointing to China and “Deep Panda”

In an exclusive report by Michael A. Reilly and Jordon Robertson of Bloomberg Business, state-sponsored Chinese hackers are said to be responsible for one of the largest thefts of medical-related customer data.

Anthem, based in Indianapolis and formerly known as WellPoint may have detected one of the largest data breeches in history with a believed 80 million people having their Social Security numbers and other sensitive details stolen.

PIMCO’s Johnson, GMO’s LeGraw and DWS’ Rudy at Morningstar on how to hedge inflation

InflationInflation has been a big focus of Wall Street in recent months, and it won't go away any time soon. But where do we stand with inflation? Has it peaked, or will it continue higher? Q2 2021 hedge fund letters, conferences and more Nic Johnson of PIMCO, Catherine LeGraw of GMO, and Evan Rudy of Read More

While China has repeatedly claimed that it doesn’t conduct espionage through hacking, that remains nothing short of dubious or dishonest in the eyes of security specialists as well as foreign governments’ cyber-security agencies.

Anthem discovered the breach

Unlike the Target, Home Depot, JPMorgan no financial information seems to have been breached. Additionally, a system’s administrator was the first to notice the attack rather than outside security companies. Once the hack was noticed, Anthem went public nearly immediately despite the fact that they could have waited up to 60 days.

A spokesman for the FBI said the agency is “aware of the Anthem intrusion and is investigating the matter” while crediting the company for its “initial response in promptly notifying the FBI after observing suspicious network activity.”

With Social Security numbers, birth dates, and e-mail addresses, experts warn that this information could be used to conduct “phishing” attacks. Government officials also warn that financial, medical and personal information could be used by foreign governments to leverage individuals who would rather have their information remain private.

Potential intelligence/espionage uses?

The writers at BloombergBusiness spoke with Adam Meyers, vice president of intelligence at cybersecurity firm Crowdstrike who echoed these sentiments.

“This goes well beyond trying to access health-care records,” Meyers told Bloomberg. “If you have a rich database of proclivities, health concerns and other personal information, it looks, from a Chinese intelligence perspective, as a way to augment human collection.”

While it is certainly to early to be certain, the three sources speaking to Bloomberg whom are familiar with the investigation remain convinced that there are sufficient “fingerprints” to begin pointing fingers.

Updated on

Previous article Managed Futures: Let the Good Trends Roll
Next article LinkedIn Corp Beats Earnings Estimates
While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. <i>To contact Brendan or give him an exclusive, please contact him at [email protected]</i>

No posts to display