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Aerojet Rocketdyne Pays $9M to Settle Cybersecurity Lawsuit

11
Jul
2022
Aerojet Rocketdyne Pays $9M to Settle Cybersecurity Lawsuit

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Aerojet Rocketdyne will pay $9 million to settle a lawsuit from a former executive who accused the U.S. rocket engine manufacturer of shirking its cybersecurity responsibilities even after it was hacked by nation-state threat actors.

U.S. District Judge William B. Shubb approved the settlement earlier this month, permitting plaintiff Brian Markus to walk away with a $2.6 million share after accusing the California company of misleading government clients over the strength of its network defenses. Markus served as a senior cybersecurity director at Aerojet Rocketdyne for approximately one year before leaving in 2015 and suing that year under the False Claims Act.

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