The settlement is the largest data-breach settlement ever. As part of the deal, Anthem will offer credit protection to those affected. The insurance giant has also agreed to set aside funding for cybersecurity and to modify its current cybersecurity systems.
The deal comes more than two years after hackers gained access to Anthem’s IT system, in 2015. They stole the names, birthdates, Social Security numbers, address, and other information of tens of millions of people.
The settlement must be approved by a federal district court in California.
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Rachel Arndt joined Modern Healthcare in 2017 as a general assignment reporter. Her work has appeared in Popular Mechanics, Quartz, Fast Company, and elsewhere. She has MFAs in nonfiction and poetry from the University of Iowa and a bachelor’s degree from Brown.