Skip to content
Options Trading Report

Options Trading Report

Primary Menu
  • Home
  • Business
  • Domestic
  • Economy
  • Money
  • Top News
  • Newsletters
  • Home
  • 2024
  • November
  • New York fines Geico $9.8 million over data breach

New York fines Geico $9.8 million over data breach

Editor November 25, 2024 1 minute read
2024-11-25T155512Z_2_LYNXNPEKAO0MA_RTROPTP_4_BERKSHIRE-AGM

(Reuters) – The New York Attorney General’s office fined car insurance company Geico $9.75 million on Monday for hacks that obtained personal information on 116,000 drivers in the state.

The attorney general and state Department of Financial Services said Geico and Travelers Indemnity Company violated state data protection rules by failing to implement policies that would protect customers’ information.

Both companies were hacked during the COVID-19 pandemic, amid a wave of cyberattacks seeking information such as drivers license numbers for use in fraudulent unemployment claims, the agencies said.

Travelers will pay $1.55 million for a breach that exposed information on around 4,000 people, the agencies said.

The two companies agreed to take measures to improve their cybersecurity practices.

(Reporting by Jody Godoy in New York; Editing by Chizu Nomiyama)

About the Author

Editor

Administrator

Visit Website View All Posts

Post navigation

Previous: Procter & Gamble doubles down on China’s TikTok to reverse sales slump
Next: Nvidia shows AI model that can modify voices, generate novel sounds

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.

Want More Market News?
Add your email address below to get up to date market news and more!
By submitting the form you agree to the Privacy Policy of Options Trading Report and agree to receive our email updates and special offers. As a bonus, you will also get a free subscription to MTA Trade of the Day, Privacy Policy. You will receive special offers and advertisements from Options Trading Report and MTA Trade of the Day and our affiliates. You may unsubscribe at any time.

Search

Recent Posts

  • Trump bought Netflix and Warner Bros bonds at height of bidding war with Paramount
  • All About Oil – by Justin Vaughn, Editor, Options Trading Report
  • Undervalued Nasdaq Stocks Under $50 That Could Deliver Massive Gains
  • Blend of private and official data would better guide the Fed, research shows
  • Dollar, bonds, or gold – which is the safest haven to hold?

Categories

  • Business
  • Market News
  • Newsletters
  • Options
  • Reflections
  • Top News

You may have missed

2026-03-09T132120Z_1_LYNXMPEM280UB_RTROPTP_4_WARNER-BROS-DISCOVERY-M-A-NETFLIX
  • Market News

Trump bought Netflix and Warner Bros bonds at height of bidding war with Paramount

Editor March 9, 2026
ChatGPT Image Mar 6, 2026, 02_59_11 PM
  • Market News

All About Oil – by Justin Vaughn, Editor, Options Trading Report

Editor March 6, 2026
  • Market News

Undervalued Nasdaq Stocks Under $50 That Could Deliver Massive Gains

Editor March 6, 2026
2026-03-06T152012Z_1_LYNXMPEM2514X_RTROPTP_4_USA-FED
  • Market News

Blend of private and official data would better guide the Fed, research shows

Editor March 6, 2026
  • Home
  • Terms of Service
  • Privacy Policy
  • Disclaimer
  • Contact Us
Copyright 2026 © All rights reserved | Options Trading Report | optionstradingreport.com SITE_OK