Express Scripts (ESRX) Warns of Potential Large Data Breach Tied to Threat

November 6, 2008 2:55 PM EST

Express Scripts (Nasdaq: ESRX) announced that it has received a letter from an unknown person or persons trying to extort money from the company by threatening to expose millions of the company's patients' records.

The letter included personal information of 75 members, including their names, dates of birth, social security numbers, and in some cases, their prescription information. The company said it has notified the affected members. It also immediately notified the FBI, which is investigating the crime. The company also said that it is conducting its own investigation with the help of outside experts in data security and computer forensics. The letter arrived in early October.

"We have been conducting a thorough investigation since we received this threat and we are taking it very seriously," said George Paz, chairman and chief executive officer. "We are cooperating with the FBI and are committed to doing what we can to protect our members' personal information and to track down the person or persons responsible for this criminal act."

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