Blog | G5 Cyber Security

11 Arrested in Insider ID Theft Scheme

Blue Cross Blue Shield of Michigan employee among 11 arrested in ID theft scheme involving 5,500 members. Stolen information was used to create counterfeit credit cards and open fraudulent lines of credit in victims’ names. Experts say the incident is a reminder to health insurers and other healthcare covered entities that insider threats are still a major concern. BCBSM is offering affected members two years of free credit protection services and recommends members carefully monitor their “explanation of benefits” statements and financial accounts for services they did not receive.”]

Source: https://www.bankinfosecurity.com/11-arrested-in-insider-id-theft-scheme-a-8000

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