June 26, 2017

Anthem has agreed to pay $115 million to settle class-action lawsuits stemming from a 2015 cyberattack breach that may have affected the personal information of nearly 80 million customers, company officials said Monday.

The settlement agreement, which needs to be approved in court, will end multidistrict class action litigation against the Indianapolis-based company.

Anthem discovered the cyberattack in late January 2015 and contacted the FBI. It also retained Mandiant, a leading cybersecurity firm, to evaluate its system. Nearly 78.8 million individuals were affected and were offered identification protection services.

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