AMCA parent company files for bankruptcy amid data breach fallout
The debt collection agency responsible for a data breach that compromised information on at least 20 million people has declared bankruptcy. U.S.-based Retrieval-Masters Creditors Bureau Inc., which collects medical bills under the name American Medical Collection Agency (AMCA), filed for bankruptcy protection in the Southern District of New York. The filing comes after the company learned of a data breach lasting from August 1, 2018 to March 30 affecting information on millions of patients at testing firms Quest Diagnostics and LabCorp. AMCA’s four largest clients soon ceased operations with the company. Affected companies included Quest, with information about some 11.9 million people involved, LabCorp with 7.7 million, Carecentrix with 500,000 patients hit, and Bio Reference Labs with 423,000 patients. Numerous class-action lawsuits also have been filed, with plaintiffs alleging an unreasonable breach notification delay, a lack of reasonable data security and possible violations of the Health Insurance Portability and Accountability […]
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