Anthem Inc. agreed to pay $115 million to resolve consumer claims over a 2015 cyberattack that compromised data on 78.8 million people, marking what attorneys in the case called the largest data-breach settlement in history.
The proposed accord, which would end class-action lawsuits filed in several states, requires approval from a federal judge in San Jose, California. Anthem sells coverage under the Blue Cross and Blue Shield brand in 14 states.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
