T-Mobile to pay $500M for one of the largest data breaches in US history

T-Mobile to pay $500M for one of the largest data breaches in US history

2 years ago
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https://arstechnica.com/tech-policy/2022/07/t-mobile-to-pay-500m-for-one-of-the-largest-data-breaches-in-us-history/

When T-Mobile compromised the sensitive personal information of more than 76 million current, former, and prospective customers in 2021, plaintiffs involved in a class-action lawsuit complained that the company continued profiting off their data while attempting to cover up “one of the largest and most consequential data breaches in US history.”

Now, T-Mobile has admitted no guilt but has agreed to pay a $500 million settlement (pending a judge’s approval), out of which $350 million will go to the settlement fund and “at least $150 million” will go toward enhancing its data security measures through 2023.