New York fines Geico $9.8 million over data breach

Reuters
2024.11.25 15:01
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The New York Attorney General's office has fined Geico $2.75 million for a data breach that compromised the personal information of 116,000 drivers. The fine was imposed due to violations of state data protection rules, as Geico and Travelers Indemnity Company failed to implement adequate cybersecurity measures. Travelers will pay $0.55 million for a breach affecting around 4,000 individuals. Both companies have agreed to enhance their cybersecurity practices following the incidents, which occurred during a surge of cyberattacks amid the COVID-19 pandemic.