Hyundai will pay $200 million after a TikTok challenge exposed a huge security flaw

Hyundai is putting a relatively quick end to a class-action lawsuit over a viral TikTok car theft challenge. The automaker has agreed to pay a settlement worth up to $200 million to compensate roughly 9 million US Hyundai and Kia owners. About $145 million is earmarked for out-of-pocket losses for customers whose cars were stolen or damaged and weren't covered by insurance. The companies also say they'll cover insurance deductibles, higher insurance premiums and other related expenses.

The settlement …

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