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Healthcare records for sale on Dark Web

Posted on April 24, 2017 by Dissent

Ryan Francis reports on the cost of a medical record on the dark web, and it’s nice to see Flashpoint agreeing with what some of us have been saying for a while now – that the cost is generally about $1 per record – not the $200 figure you may have read in earlier reports or in reports hyping commercial services.

The article also mentions another target that has gotten less media coverage but that consumers need to be aware of: health savings accounts.

Flashpoint has also seen the emergence of Health Savings Account (HSA) fraud. While not new, HSA fraud has evolved substantially in credibility, complexity, and frequency since 2016. They are harder to detect as HSA accounts typically have less subscriber and institutional oversight, Kremez reported. In fact, recent estimates suggest that there are more than 20 million existing HSA accounts that hold nearly $37 billion in assets, which represents a year-over-year increase of 22 percent for HSA assets and 20 percent for accounts.

 

 

Read more on CSO.

Category: Commentaries and AnalysesHealth DataU.S.

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