Anthem Inks Record $115M Deal Over Massive Data Breach
By Kat Greene (June 23, 2017, 4:53 PM EDT) -- Anthem Inc. has agreed to a deal valued at $115 million to end litigation over a massive 2015 data breach, creating a pool of funds to provide credit protection and reimbursement for customers and up to $38 million in attorneys' fees in the largest-ever data breach settlement, class attorneys said Friday.
Under the deal, Anthem 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. (AP) Under the deal, the nation's second-largest health...
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