Accellion agrees to pay $8 million to December 2020 data breach victims

Accellion, a California based software company, has agreed to pay $8.1 million for failing to protect the information of its customers stored on its File Transfer Appliance (FTA) from hackers.

Initially, as soon as a PIL was filed by a legal representative of some victims, the company denied all the allegations. But it agreed to settle the loss for $8.1million incurred to the customers in the form of notices, claims and admin costs.

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