Solara Medical Supplies Data Breach $9.76M Settlement: More Details Here!

Have you heard of the Solara Medical Supplies Data Breach? Dio you want to find out more about the Solara Medical Supplies Data Breach $9.76M Settlement? Continue reading for more details.

What is The Solara Medical Supplies Data Breach $9.76M Settlement

In November 2019, the California-based medical supply vendor began notifying patients that their data was potentially compromised after some employee email accounts were breached for several months between April and June.

The breach exposed names, Social Security numbers, birth dates, billing information, insurance information, driver’s license numbers, and medical information. Solara Medical Supplies denied all wrongdoing, and the settlement does not qualify as an admission of guilt.

Solara Medical Supplies provides products and services to help people manage their diabetes, including glucose monitors and insulin pumps, according to the company’s website.

Four Class action law suits were filed on behalf of the affected customers, and those lawsuits were consolidated into a single lawsuit. Solara Medical proposed the settlement to resolve the lawsuit to avoid ongoing legal costs; however, denied any wrongdoing. The settlement dismisses the lawsuit with prejudice and does not constitute any admission of fault, wrongdoing, or liability.

For the next two years, Solara Medical will undergo a SOC 2 Type 2 audit, which will be repeated until it is passed, engage an independent third party to perform a HIPAA IT assessment, conduct at least one cybersecurity incident response test a year, undergo third-party phishing and external-facing vulnerability tests at least twice a year. Solara Medical will also implement a security information event and management (SIEM) tool with a 400-day lookback on activity logs. Improved versions of the remedial actions or the same actions will be conducted to new industry standards for the subsequent three years

Information that was exposed in the Data Breach

The breach of data led to the release of multiple documents that have been linked to personal information such as names and address, residence address social security number, and various other documents that were submitted.

What is the Lawsuit All about

The Bosley Data Breach was a direct result of Bosley’s failure to implement adequate cybersecurity measures. If you received a data breach notification, it is essential you understand what is at risk. T

How to know if you are in the settlement class

The class Action includes anyone residing in the United States or its territories and who was notified by Solara in November 2019 of the data breach that occurred between April 2 and June 20, 2019.

Solara Medical Supplies has agreed to a $9.76 million class action settlement benefiting employees whose personal information may have been compromised during a 2019 data breach. 

The proposed settlement provides cash payments as well as injunctive relief to class members.

Under the terms of the settlement agreement, a cash fund of $5.06 million will be created to pay costs associated with the administration of the settlement, attorneys’ fees and payments to class members.

Class members who file a valid claim will be eligible to receive payments of $100 each. This amount may be adjusted.

In addition to the cash payments, Solara Medical Supplies also has also committed to improving its security with the goal of avoiding any other such breaches in the future. These commitments relate to systems for detecting suspicious activity, authenticating users, and more.

Conclusion

While Solara denies any wrongdoing, it has agreed to resolve the claims with a settlement.

A final hearing in the Solara Medical Supplies data breach settlement is scheduled to take place Sept. 12, 2022.

The deadline to request to be excluded from or to object to the settlement is Aug. 22, 2022.

The deadline to file a claim is Aug. 8, 2022.

click Here to read about other settlement cases.

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