Anthem agrees to largest ever data breach settlement

Anthem has agreed to a $115mn settlement of a class action
lawsuit relating to the 2015cyber attack that saw almost 80
million people have their records stolen from the US health
insurer.The company had in place a $100mn AIG-led cyber tower at the time
of the attack, which involved the theft of personal data.
But as The Insurance Insider reported in the immediate aftermath of Anthem disclosing
the attack, it was widely expected that the cost of notifying...