On Friday, Verizon Communications Inc. (NYSE:VZ)’s shares declined -1.17% to $45.56.
Stolen medical information is a much more widespread issue than formerly thought, affecting 18 out of 20 industries examined, according to the just released Verizon 2015 Protected Health Information Data Breach Report. Yet, most organizations outside of the healthcare sector do not realize they even hold this type of data. Common sources of protected health information are employee records (counting workers’ compensation claims) or information for wellness programs and are generally not well protected.
These findings are part of a first-time report from Verizon’s Data Breach Investigations Report (DBIR) team that provides a detailed analysis of confirmed PHI* breaches involving more than 392 million records and 1,931 incidents across 25 countries.
“Many organizations are not doing enough to protect this highly sensitive and confidential data,” said Suzanne Widup, senior analyst and lead author for the Verizon Enterprise Solutions report. “This can lead to noteworthy consequences impacting an individual and their family and increasing healthcare costs for governments, organizations and individuals. Protected health information is highly coveted by cybercriminals.”
According to recent studies called out in the report, people are withholding information – sometimes critical information – from their healthcare providers because they are concerned that there could be a data breach.
“Healthcare organizations need to realize that patients trust them with their data and if that trust is broken, the implications can be huge,” Widup added.
Verizon Communications Inc., through its auxiliaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide.
People’s United Financial, Inc. (NASDAQ:PBCT)’s shares dropped -2.21% to $15.90.
People’s United Financial, Inc. (PBCT) declared it will host a conference call to talk about its fourth quarter and full year 2015 results on Thursday, January 21, 2016 at 5 p.m. ET, following the release of results at about 4 p.m.
The call will be broadcast live through the company’s Internet site, peoples.com. It is accessible by selecting “Investor Relations” in the “About Us” section on the home page, and then selecting “Conference Call” in the “News and Events” section.
People’s United Financial, Inc. operates as the bank holding company for People’s United Bank that provides commercial banking, retail banking, and wealth administration services to individual, corporate, and municipal customers.
Radian Group Inc (NYSE:RDN)‘s shares surged 1.38% to $13.27. The market capitalization of Radian Group Inc (NYSE:RDN) is $2.75 billion with the total traded volume of the company is 5.59 million. Turning to market valuation, the Price-to-Earnings ratio is 2.98, the Price-to-Sales ratio is 2.26 and the Price-to-Book ratio is finally 1.13. The dividend yield amounts to 0.08 percent and the beta ratio has a value of 2.01.
Radian Group Inc., through its auxiliaries, provides mortgage and real estate products and services in the United States. It operates through two segments, Mortgage Insurance, and Mortgage and Real Estate Services (MRES).
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