Conduent to pay $80M to settle 3rd-largest healthcare data breach
Business services company Conduent has agreed to an $80 million class action settlement over a healthcare data breach that exposed personal information belonging to approximately 62.2 million people, making it the third-largest healthcare breach on record. The settlement was signed in federal court in New Jersey.
Why this matters: Sixty-two million people had their healthcare data exposed by a company most of them have never heard of. That is the hidden risk of the business services industry. Hospitals, insurers, and government health programs outsource data handling to firms like Conduent, and patients have no idea their records ever left the building. Eighty million dollars sounds large. Spread across 62 million people, it is not. The real cost lands on the people whose data is now out there, not the company that lost it.
Who should care: Cybersecurity · Privacy officers · Administrators · Lawyers · Compliance · Healthcare professionals
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