American Medical Collection Agency has filed for bankruptcy just weeks after disclosing a data breach that affected its largest clients and millions of patients. The move comes after the March discovery of a major data breach, revealed in June. The breach not only caused AMCAs largest clients to end their business relationships with the debt collection agency, but also resulted in enormous expenses that were beyond the ability of [the company] to bear, CEO Russell Fuchs says in court documents. The company shut down its web portal to prevent any further compromises of customer data.”]
Source: https://www.cuinfosecurity.com/amca-bankruptcy-filing-in-wake-breach-reveals-impact-a-12662