Anthem data breach cost likely to smash $100 million barrier

The financial consequences of Anthem’s massive data breach could reach beyond the $100 million mark, according to reports.

The US health insurance provider’s cyber insurance policy, led by the American International Group, covers losses of up to $100 million. However, when a company has up to 80 million current and previous customers, staff and investors to contact, reassure and notify, this amount may not be enough.