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AMCA files for bankruptcy following the recently disclosed security breach

Retrieval-Masters Creditors Bureau, the company that operates healthcare billing services provider AMCA, has filed for Chapter 11 bankruptcy due to a recent security breach. Hackers broke into company databases containing millions of medical test lab patients personal and payment information. AMCA provides services to numerous firms, including the revenue cycle management provider Optum360, medical testing firm Quest Diagnostics, and LabCorp. The investigation into the incident has cost AMCA roughly $400,000 and it has been estimated that the company will spend another $3.8 million to send millions of notices to impacted individuals.”]

Source: https://securityaffairs.co/wordpress/87338/data-breach/amca-files-bankruptcy.html

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