Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing Access Your Profit Alerts

Obamacare Cybersecurity Bill Not Enough to Protect Personal Info

Today (Friday), the U.S. House of Representatives passed an "Obamacare cybersecurity bill" that helps protect people from the gaping security hole that is the Obamacare website.

The Health Exchange Security and Transparency Act, H.R. 3811, is a one-sentence bill that simply requires customers to be notified of any Obamacare website security breach no later than two business days after its discovery. It was passed in a 291-122 vote, with 67 Democrats breaking ranks in support.

Prior to this bill, there was no legal requirement for the Department of Health and Human Services to notify an individual if his or her personal information had been breached.

That's a very frightening thought, giving a look to recent cybercrime…

Over the past 2013 holiday season, 70 million Target Corp. (NYSE: TGT) shoppers had their credit or debit card information stolen, along with addresses and emails; 4.6 million Snapchat users' data was breached, resulting in their names and phone numbers getting posted online.

Meanwhile, the Obamacare website forces users to input their names, Social Security numbers, phone numbers, email addresses, income levels, and employers to sign up for the mandated healthcare online.

Even though this bill – should it pass Senate and a Presidential veto – does take a step in consumer protection, it does not solve the cybersecurity concerns that remain prevalent in the Obamacare website…

Get your 2014 guide for how to profit from cybersecurity right here – it's free, and it has four of the hottest cyber-stock picks today

The Obamacare Website Is a Cybersecurity Nightmare

In September, a senior official at the Centers for Medicare and Medicaid Services (CMS) advised that the Obamacare website should not be launched due to security issues.

CMS Chief Information Security Officer Teresa Fryer testified in a Congressional hearing, stating, "The truth is that actual interviews and depositions taken of the highest-ranking people that helped develop this website, both public and private, shows there was no end-to-end testing. It did not meet the spirit of any definition of a secure website."

In the same vein, on Oct. 31, HHS Secretary Kathleen Sebelius testified in front of Congress. Rep. Mike Rogers, R-MI, chairman of the House Intelligence Committee, asked if the Obamacare website code had been tested for security and if there had been end-to-end security tests since the site launched.

Her answer was shocking – and alarming to anyone who has supplied personal information to the Obamacare site…

Join the conversation. Click here to jump to comments…

Leave a Reply

Your email address will not be published. Required fields are marked *

Some HTML is OK