Cybersecurity
Anthem Agrees to $115 Million Settlement Over Data Breach
Signage is displayed on the exterior of an Anthem Inc. Blue Cross Blue Shield office building in Wallingford, Connecticut, on Nov. 22, 2016.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Anthem Inc. agreed to pay $115 million to resolve consumer claims over a 2015 cyber-attack 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.