BlueCross BlueShield of Tennessee has announced that it has spent more than $7 million to respond to a security breach that might have compromised members’ personal and health data, the Chattanooga Times Free Press reports. How did this happen?

When a portable disk drive went missing from a Connecticut office of insurance company and Medicare Advantage contractor Health Net last May, the law required them to notify authorities and affected customers immediately. Instead they kept it under wraps until November. According to an independent security company report, they also lied about it being a [...]