Hacking settlement to cost Stratfor $1.75 million
Stratfor has agreed to settle a class-action lawsuit filed against the global intelligence firm after hackers affiliated with Anonymous stole subscriber data from its computers last year, Reuters reported today.
The settlement -- which calls for Stratfor to offer subscribers one month of free access to its service, a digital version of a book, and credit-monitoring service, in addition to paying attorney fees -- is expected to cost the company about $1.75 million, according to the settlement given preliminary approval by Judge Denis Hurley in U.S. federal court in New York.
Stratfor does not admit any "wrongdoing, fault, more