Anthem, the largest health insurance company in the U.S., agreed to settle litigation over a 2015 hacking incident that compromised the personal information of 79 million people for $115 million, ABC News reported.
Here are the key details to know about the case:
1. The amount settled is the highest sum ever paid for a data breach, lawyers said.
2. The money from the settlement will be used to pay for two years of credit monitoring for those affected by the hack. Current and former Anthem and Blue Cross Blue Shield Association customers are believed to be included in the settlement.
3. If customers are already enrolled in a credit monitoring program, they can choose to receive up to $50 per person.
4. The deal must still be approved by U.S. District Judge Lucy Koh, who is presiding over the case.
5. Anthem didn't admit wrongdoing, and there was no evidence customers' information was sold to commit fraud.
