The Accellion data breach that last year affected a variety of private- and public-sector organizations and compromised the personal data of millions of individuals could come to an $8.1 million resolution.
According to court documents in the case Stobbe v. Accellion, filed Wednesday in the U.S. District Court for the Northern District of California, the privately held file-sharing company (which rebranded as Kiteworks in October 2021) would be required to establish an $8.1 million cash fund in a proposed nationwide class-action settlement “to pay for valid claims, notice and administration costs, any service awards to the named plaintiffs, and any fee award and costs awarded by the court.”
