US health company Aetna has selected start-up AlertSec to provide it with security software that encrypts customer data to protect it in the event of a data breach. The deal is worth about $US1 billion ($A1.27 billion) and will be announced on Monday at an industry conference in San Francisco. Health insurance legislation in the US requires that data is encrypted on a device. However, Aetna research found that almost 40% of brokers currently use devices without embedded encryption.
US health company Aetna has selected start-up AlertSec to provide it with security software that encrypts customer data to protect it in the event of a data breach. The platform, called AlertSec Ensure, will be used by Aetna's 300,000 broker partners. Health insurance legislation in the US requires that data is encrypted on a device. However, Aetna research found that almost 40% of brokers currently use devices without embedded encryption.