Shields Healthcare Settles $15.35 Million Class Action Over Data Breach
BankInfoSecurity
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Contributed by: Drex DeFord
Summary
Shields Healthcare Group has reached a $15.35 million settlement in a class action lawsuit stemming from a 2022 data breach that impacted nearly 2.4 million individuals. The breach allowed unauthorized access to sensitive personal and medical information, with hackers reportedly maintaining access for at least two weeks. Although Shields denies any wrongdoing and disputes allegations of inadequate security, the settlement, approved by a federal judge in Boston, will provide compensation for affected individuals, including claims up to $2,500 for related out-of-pocket expenses.
