Gallagher settles 2020 data breach class action suit for $21m – AM Best report
Arthur J. Gallagher has agreed to a $21m (£16.93m) settlement to a class action lawsuit in the US after a data breach in 2020, AM Best has reported.
According to articles, a court hearing to approve the process is due at the end of this month.
As previously reported by Insurance Age, Gallagher identified being hit by a ransomware attack on its internal systems in September 2020.
RelatedGallagher forced to take global systems offlineThe broker has confirmed that a ransomware incident hit its network but everything is now back online as ICO says attack has been reported.
Following the detection of the attack it took all global systems offline
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