Anthem Inc.

DOJ charges Chinese citizen with historic Anthem breach

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The Department of Justice announced on Thursday that it indicted Fujie Wang, a 32-year-old Chinese citizen, and an unnamed accomplice with stealing personal information on nearly 80 million Anthem clients.

Why it matters: The data breach revealed in 2015 was a historic event in cybersecurity, as evidenced by Anthem being on the hook for record penalties — a $16 million fine from the Department of Health and Human Services and a class action law suit settled for $115 million.

Anthem: Cigna "cut us off at the knees" before merger

In this image, a woman wearing a backpack walks through the front glass doors of an Anthem Blue Cross Blue Shield building.
Photo: Aaron P. Bernstein/Getty Images

Anthem’s general counsel told a judge yesterday that Cigna "cut us off at the knees," sabotaging the proposed merger between the two insurers, Bloomberg reports.

What they’re saying: The nearly $50 billion merger would have involved Anthem buying Cigna. But Cigna CEO David Cordani was insistent on running the new, combined company, and Cigna grew uncooperative after he was rebuffed, Anthem general counsel Thomas Zielinski said in court, per Bloomberg.