Anthem Inc. has agreed to a settlement valued at $115 million to end litigation over a massive 2015 data breach. A pool of funds will be created to provide credit protection and reimbursement for customers in the largest-ever data breach settlement.
Pursuant to the settlement, the nation’s second-largest health insurer will provide the nearly 80 million victims of the data breach with two years of credit monitoring, cover customers’ out-of-pocket expenses stemming from the breach, and pay cash compensation to customers who already got their own credit monitoring. The settlement also calls for Anthem to guarantee a certain amount of funding for information security and to make certain changes to its data security systems.
The Plaintiffs are represented by Cohen Milstein Sellers & Toll PLLC, Altshuler Berzon LLP, Girard Gibbs LLP and Lieff Cabraser Heimann & Bernstein LLP, among others. The case is In re Anthem Inc. Data Breach Litigation, (case number 5:15-md-02617) in the U.S. District Court for the Northern District of California.
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