Industry News

$115 Million Settlement in Massive Anthem Breach Case

Health insurer Anthem has agreed to a proposed $115 million deal to settle a class action lawsuit over a 2015 cyberattack that resulted in a breach affecting nearly 78.9 million individuals.

Attorneys representing plaintiffs said in a statement the $115 million deal, if approved by the California federal court handling the consolidated case, would be the largest data breach settlement ever reached.

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