Pennsylvania Firm Handing Out $5,000 per Person To Settle Lawsuit Over Data Breach That Exposed Social Security Numbers of at Least 1,400,000 People
A US pharmaceutical giant has agreed to compensate those who were impacted by a major 2024 data breach.
According to the newly updated settlement portal, Cencora (COR) will provide up to $5,000 to those impacted by a cybersecurity attack that reportedly impacted more than one million people.
A class action lawsuit was filed against Cencora after the company disclosed in February 2024 that hackers gained access to its systems and stole personal information.
“In a data breach notification letter dated December 12th, 2024, Cencora announced that World Courier Group and certain of its subsidiaries experienced a data breach that involved the personal information of current and former employees, including name, address, date of birth and Social Security number…
Cencora has not yet publicly confirmed the total number of individuals, pharmaceutical company partners, or other affiliated divisions or companies that were affected by its data breach. Public reports indicate, however, that the Data Breach resulted in the exfiltration of sensitive private information for at least 1.4 million individuals, relating to at least 27 partner pharmaceutical and biotechnology companies as well as other entities related to Cencora.”
Those who suffered losses as a result of the data breach can submit claims and documented losses for “up to $5,000 per person, subject to a cap of $5,000,000 for all documented loss payments.”
Pennsylvania-based Cencora says it generates more than $290 billion in annual revenue and has 51,000 employees.
Generated Image: Midjourney
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum News Update: Blockchain and AI Collaboration Drives Institutional Transformation with SBET and C3.ai at the Forefront of Hybrid Advancements
- Crypto and AI sectors attract institutional focus as SBET and C3.ai leverage blockchain-AI synergies to capture market share through strategic partnerships and undervalued assets. - SharpLink Gaming's $2.83B NAV and Ethereum staking revenue, combined with C3.ai's Microsoft collaboration, position them as hybrid plays in digital asset management and enterprise AI. - XRP's V-shaped recovery and Ethereum's $3,400 target highlight crypto resilience, while C3.ai's consumption-based pricing model drives six-qu
XRP News Today: XRP's Rise Among Institutions: ETFs Establish Its Role as a Regulated Investment
- XRP's institutional adoption accelerated via new ETFs, with Grayscale and Franklin Templeton recording $164M in debut inflows. - ETF-driven demand pushed XRP to $2.19, while custodians now hold 0.5% of circulating supply, reducing exchange liquidity. - SEC's "Project Crypto" enabled rapid ETF approvals, creating competitive liquidity as XRP ETFs capture 0.5% of $135B market cap. - Analysts project $6.7B in XRP ETF assets by year's end, but warn custodial models risk volatility if redemption pressures eme
Monad Airdrop Enigma Deepens as Hayes’ DeFi Actions Reveal Liquidity Dilemma
- Arthur Hayes, ex-BitMEX CEO, boosted ENA/PENDLE/ETHFI exposure via liquidity provider Cumberland , reflecting DeFi risk management strategies amid volatility. - Hyperliquid listed MON-USD at $0.13, generating $28M trading volume as Monad's October 14 airdrop looms, though allocation rules remain undisclosed. - Hayes' ENA "buy low, sell high" trades highlight DeFi liquidity dynamics, while Monad's 12% circulating float raises liquidity sustainability concerns. - The airdrop's success depends on user adopt
Saudi Arabia's Vision 2030 Encounters Houthi Challenges Amidst Growth in Trade and Technology
- Saudi Arabia strengthens regional trade ties with Egypt, aiming to boost 86% of Egyptian firms' trade under Vision 2030, focusing on tech and energy sectors. - Chinese aesthetic tech firm Aphranel showcases innovations at Saudi medical congress, highlighting growing Middle East market integration. - Houthi threats in Yemen persist, raising regional security risks that could hinder Saudi economic ambitions and foreign investment goals. - Saudi-Egyptian investment agreements aim to enhance legal frameworks
Trending news
MoreCrypto prices
More
