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New York Fines Geico, Travelers $11.3M for Data Breaches

Auto insurance firm Geico and insurance company Travelers have been fined for separate incidents of data breaches involving stolen driver’s license numbers in 2021. Geico will pay $9.75m and Travelers $1.55m to New York authorities after hackers stole data from their systems. Both companies have pledged to improve their cybersecurity programs to better protect customers’ information.

Source: www.bankinfosecurity.com –

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