Health Data Breach Class Actions Surge as Cyberattacks Climb (1)

Companies handling health data are fending off more cyberattacks each year, and those that do get hacked are facing costly litigation at rapidly rising rates, a Bloomberg Law analysis found.

The monthly average of new class actions filed over health data breaches so far this year is nearly double the rate from 2022, according to a Bloomberg Law analysis of 557 complaints filed against companies in federal courts over the last five years.

Many of the lawsuits seek civil damages in the millions of dollars, bolstered by claimed classes with large member numbers. Underpinning this swell in litigation is the ...