T-Mobile prepares $350 million payments for data breach settlement
Briefly

The 2021 cyberattack on T-Mobile compromised the sensitive information of 76 million customers, resulting in a class-action lawsuit. This culminated in a $350 million settlement in 2022, marking it as the second-largest data breach settlement in U.S. history. The settlement aims to compensate affected customers for losses, including cash payments and identity protection services. This incident underlines the critical need for robust data security measures and the serious ramifications of negligence in safeguarding personal information.
The 2021 cyberattack on T-Mobile, which compromised 76 million customers' information, resulted in a significant settlement, highlighting the importance of data security.
The $350 million settlement for the T-Mobile breach is the second-largest in U.S. history, demonstrating severe consequences for negligence in data protection.
The settlement fund includes compensation for affected customers and will provide identity defense services, illustrating the comprehensive impact of data breaches.
The T-Mobile data breach settlement emphasizes the need for robust remediation measures to safeguard personal information from breaches.
Read at Databreaches
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