The following are seven of the largest data breach settlements in recent years.
1) Equifax
Following its 2017 data breach, Equifax will pay up to $700 million to the U.S. Federal Trade Commission, the Consumer Financial Protection Bureau and nearly all U.S. states and territories. That includes a $175 million fine to the states and $100 million to the CFPB. It will also establish a $300 million restitution fund for harmed consumers. That amount could grow to $425 million depending on how many consumers act on it.
2) Uber
In 2018, ride-hailing app Uber (UBER.N) reached a $148 million settlement with 50 U.S. states and Washington, D.C., for failing to disclose a massive data breach in 2016. It exposed personal data from 57 million user accounts.
3) Target
Retailer Target Corp (TGT.N) agreed in 2017 to pay $18.5 million to 47 U.S. states and the District of Columbia for the company’s massive 2013 data breach. Target reported that hackers stole data from up to 40 million credit and debit cards from shoppers who visited its stores in the 2013 holiday season.
4) Anthem
Anthem, Inc. (ANTM.N) agreed to pay $16 million to the U.S. Department of Health and Human Services and the Office for Civil Rights in 2018 to settle potential violations of HIPAA, the Health Insurance Portability and Accountability Act Privacy and Security Rules, an HHS statement said. A series of cyberattacks exposed the health information of almost 79 million people.
5) Premera
Earlier this month, health insurance company Premera Blue Cross agreed to pay $10 million to 30 U.S. states for allegedly failing to s ..
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