Enzo Biochem Faces $4.5M Penalty over Ransomware Breach

Enzo Biochem Faces Financial Repercussions Post-Ransomware Attack

In a significant development, Enzo Biochem, a prominent biotech company, has been ordered to pay a substantial $4.5 million penalty. This fine comes in the wake of a devastating ransomware attack in 2023, which resulted in the exposure of sensitive data belonging to over 2.4 million individuals. The financial compensation will be divided among the states of New York, New Jersey, and Connecticut, with New York receiving the largest portion. This distribution correlates with the geographical impact of the breach, as Enzo is headquartered in New York, where a significant number of affected individuals reside.