🚨 Lemonade Settles Data Breach Claims with $10.5M Fund
Insurtech firm Lemonade has agreed to establish a $10.5 million compensation fund following a data breach that exposed sensitive customer information, including driver's license numbers. Eligible claimants who can document financial losses may receive up to $10,000, with claims due by September 8.
The settlement highlights the growing financial and reputational risks companies face as cybersecurity incidents continue to impact consumers and businesses alike. 🔐📉 #CyberSecurity #DataBreach #Lemonade #Privacy #Stocks
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