June 23, 2017

Anthem Inc. has agreed to pay $115 million to settle a class-action lawsuit filed after a 2015 cyberattack exposed personal information of more than 78 million people, the company said Friday.

The proposed settlement was filed Friday and requires court approval, said plaintiffs' attorneys.

"We are pleased to be putting this litigation behind us, and to be providing additional substantial benefits to individuals whose data was or may have been involved in the cyberattack and who will now be members of the settlement class," the company said in a statement.

Anthem announced in February 2015 that it discovered its information technology systems had been the target of an external cyberattack. The hackers obtained personal information including names, dates of birth, social security numbers, and health-care ID numbers, attorneys said.

The full article can be read at Fox Business.