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ANALYSIS

Sagging Index no longer reflects what’s going on in the market, some say, Replacements? Google it, to start.
 
Downward price spiral will actually boost the cost of capital for most companies. CFOS, take note.
 
The latest bailout at AIG could be a preview of how the president will deal with Wall Street.
 
No corporate defaults. Big debt offerings. Percolating CP issuance. Things may be looking up in the capital markets.
 
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Data breach at WellPoint puts 130,000 customers at risk
Outsourced servers 'not properly secured'; SSNs possibly exposed


WellPoint enrollees’ protected health information and other personal records, including Social Security numbers, may have been exposed over the Internet for an unspecified period of time, WellPoint said Tuesday.

The membership-based health insurer said two computer servers on which the records were stored were maintained by a third-party vendor and were not properly secured, according to a statement from the Indianapolis-based health insurer. The snafu affected approximately 130,000 customers, according to WellPoint.

WellPoint said that it has notified all possibly affected members and has offered free credit monitoring and customer service support. The insurer said both servers were “not properly secured” in 2007. WellPoint said both servers are now secured and that it is conducting an internal investigation to find out the cause of the problem.

“We have taken the appropriate steps to secure the data and will continue to work with all vendors to reduce the risk of future incidents,” WellPoint said in a statement. “We are notifying all members who could have been affected by this incident, as well as regulatory officials.”—Business Insurance

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