Labcorp to overhaul data security practices, pay $2.3 million fine for cybersecurity failings
Labcorp has agreed to pay a $2.3 million fine and overhaul its data security practices following cybersecurity failures. The settlement requires the lab company to tighten vendor data sharing, build out a risk management team, and create a formal incident response plan for vendor-related security events.
Why this matters: Labcorp handles some of the most personal data that exists — blood tests, genetic results, medical histories. When it shares that data with vendors, those vendors become part of the risk. Limiting that data flow and actually monitoring vendor compliance is not optional housekeeping; it is basic hygiene for a company holding this kind of information. The fine is small relative to the company's size. What matters more is whether the required changes stick, and whether patients whose data was exposed ever find out.
Who should care: Lawyers · Privacy officers · Compliance · Cybersecurity
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