AMCA files for bankruptcy following massive breach that impacted 20m patients

The American Medical Collection Agency (AMCA) has filed for bankruptcy after being unable to bear the costs of a massive data breach that compromised personal and financial information of nearly 20 million patients.
The breach of sensitive personal and financial information of millions of US citizens took place when hackers gained unauthorised access to the web payments page owned by AMCA between August 1, 2018 and March 30, 2019. AMCA collected payments on behalf of leading diagnostics firms in the US such as Quest Diagnostics, LabCorp, BioReference, Conduent, and CareCentrix.