Anthem, formerly WellPoint, reached the settlement on June 23 without admitting any wrongdoing. “The Court finds that the Settlement is fair, adequate, and reasonable,” wrote Judge Lucy Koh of the U.S. District Court for the Northern District of California, appointed by former President Barack Obama, in her August 15 opinion.
Full Answer
What is the settlement in the Anthem data breach lawsuit?
The parties have agreed to a settlement in the Anthem data breach lawsuit, which arose after Anthem announced in February 2015 that hackers had breached its network and compromised the personal information of 78.8 million people. The settlement requires Anthem to pay $115 million to provide class members with:
Is there a class action lawsuit against Anthem?
A Class Action Settlement has been proposed in litigation against Anthem, Inc. (“Anthem”) and other health benefit companies (together, called “Defendants” in this notice), relating to the data breach that Anthem announced in February 2015 (“the Data Breach”).
What's the biggest data breach settlement ever?
File Aaron P. Bernstein / Getty Images File Anthem Inc, the largest U.S. health insurance company, has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which lawyers said would be the largest settlement ever for a data breach.
What happened to Anthem Insurance?
Data Breach Affects all Anthem Product Lines Anthem, Inc., the nation’s second-largest insurer, disclosed on February 4, 2015 that its information security systems had been subject to a cyber-attack. Bloomberg has reported that the details of up to 80 million Anthem customers were exposed to theft by hackers.
What was the breach of the national anthem?
The complaints alleged that Anthem failed to take adequate and reasonable measures to ensure its data systems were protected, failed to take available steps to prevent and stop the breach from ever happening, and failed to disclose to its customers the material facts that it did not have adequate computer systems and security practices to safeguard their personal data. Victims of the Anthem data breach – including children – face a lifetime risk of interference with their business and financial affairs.
What was the largest data breach ever?
In February 2015, Anthem reported that it had incurred a massive data breach that compromised the Personally Identifiable Information (PII) and Personal Health Information (PHI), including social security numbers and health data, of 78.8 million insureds, thus constituting one of the largest data breaches ever.
What is the largest settlement ever for a data breach?
health insurance company, has agreed to settle litigation over hacking in 2015 that compromised about 79 million people's personal information for $115 million, which lawyers said would be the largest settlement ever for a data breach. The deal, announced Friday by lawyers for people whose information was compromised, ...
What information was hacked in the 2015 anthem?
Anthem said in February 2015 that an unknown hacker had accessed a database containing personal information, including names, birthdays, social security numbers, addresses, email addresses and employment and income information. The attack did not compromise credit card information or medical information, the company said.
How long will the anthem hack be used for?
The money will be used to pay for two years of credit monitoring for people affected by the hack, the lawyers said. Victims are believed to include current and former customers of Anthem and of other insurers affiliated with Anthem through the national Blue Cross Blue Shield Association.
How much did Target pay for the data breach?
companies in recent years, including Target Corp, which agreed to pay $18.5 million to settle claims by 47 states in May, and Home Depot Inc, which agreed to pay at least $19.5 million to consumers last year.
When did the credit monitoring company announce the breach?
The credit monitoring in the settlement is in addition to the two years of credit monitoring Anthem offered victims when it announced the breach in February 2015, according to Anthem spokeswoman Jill Becher, who said the company was pleased to be resolving the litigation.
Where is the Anthem Health Insurance headquarters?
An exterior view of the Anthem Health Insurance headquarters on February 5, 2015 in Indianapolis. File Aaron P. Bernstein / Getty Images File
Did the Indianapolis company admit wrongdoing?
The Indianapolis-based company did not admit wrongdoing, and there was no evidence any compromised information was sold or used to commit fraud, Becher said.