i3 faces $15M cybersecurity suit

Louisiana state officials have filed a lawsuit against i3 Verticals over possible hacks that may have been enabled in some way by software linked to an i3 product.

In question is i3-Software & Services, which is located in Shreveport and markets its products to local government agencies, primarily in the Pelican State. Nashville-based i3 in 2018 paid $17 million for the business. The lawsuit led by the state’s Division of Administration has been joined by the East Baton Rouge Parish Law Enforcement District and other law enforcement agencies.