September 26, 2014

Substantial Fraud In Theft of Medical Information




[From article]
Your medical information is worth 10 times more than your credit card number on the black market.
Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest U.S. hospital operators, Community Health Systems Inc, said Chinese hackers had broken into its computer network and stolen the personal information of 4.5 million patients.
[. . .]
Fraudsters use this data to create fake IDs to buy medical equipment or drugs that can be resold, or they combine a patient number with a false provider number and file made-up claims with insurers, according to experts who have investigated cyber attacks on healthcare organizations.
[. . .]
one patient learned that his records at a major hospital chain were compromised after he started receiving bills related to a heart procedure he had not undergone. The man's credentials were also used to buy a mobility scooter and several pieces of medical equipment, racking up tens of thousands of dollars in total fraud.
[. . .]
Fraud involving the Medicare program for seniors and the disabled totaled more than $6 billion in the last two years,

http://news.yahoo.com/medical-record-worth-more-hackers-credit-card-182251915--finance.html

September 24, 2014
By Caroline Humer and Jim Finkle
Yahoo News

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