![]() ![]() “We will continue to make substantial investments to strengthen our cybersecurity program.” “Protecting our customers’ data remains a top priority,” T-Mobile said in a statement. (TMUS)’s systems and network do not appear to have been hacked. The company says it continues to investigate the breach but believes it is “fully contained.” It also noted T-Mobile ![]() (TMUS) was able to discover the source of the breach and stop it a day after the hack was discovered. (TMUS) learned about the data breach, the company said it hired an external cybersecurity team to investigate. It noted that it could be on the hook for “significant expenses” because of the hack, although the company said it doesn’t expect the charges will have a material effect on T-Mobile’s bottom line. The wireless carrier didn’t indicate what it might do to remedy the situation. ![]() T-Mobile said it is working with law enforcement and has begun to notify customers whose information may have been breached. Nevertheless, that information can be compiled with other stolen or publicly available information and used by scammers to steal people’s identities or money. T-Mobile said no social security numbers, credit card information, government ID numbers, passwords, PINs or financial information were exposed in the hack. In a regulatory filing Thursday, the company said the hacker stole customer data that included names, billing addresses, emails, phone numbers, dates of birth, T-Mobile account numbers and information describing the kind of service they have with the wireless carrier. Guess we’ll find out soon.T-Mobile said a “bad actor” accessed personal data from 37 million current customers in a November data breach. The company, which merged with Sprint just before the breach, said in its SEC filing that it will be dedicating $150 million to improving its security, so maybe it’s taking things seriously now. The final settlement terms could be approved as early as December.Ĭhances are you won’t even be able to cover a single monthly mobile bill with what you get, but these days a $9 check might be the difference between “dinner” and “no dinner” for quite a few people, so let’s not mock these small sums - except that it’s kind of insulting to have five serious breaches in as many years and all customers get is enough to order off the value menu. Then the money gets split up, depending on how many people respond and how much the lawyers take. residents identified by T-Mobile whose information was compromised in the Data Breach,” with a little extra legalese for Californians, where class actions are handled slightly differently.Īs is common in these giant lawsuits, lawyers take a huge bite and then the company must alert the class members they’re owed money, so you can expect a postcard if you were a T-Mobile customer in August of 2021 (in the interest of full disclosure, I was). For now, the class defined by the settlement document is “the approximately 76.6 million U.S. The settlement, described in an SEC filing and court filing (PDF) first spotted by Geekwire, doesn’t appear to have separate terms for people affected differently by the hack - but that might have been handled separately for all we know. ![]() Estimates of how many people were affected varied, with T-Mobile claiming less than a million had accounts and PINs fully exposed (still not great), and somewhere between 40 and 100 million users total with some data taken. The breach apparently occurred sometime early last year, after which collections of T-Mobile customer data were put up for sale on various criminal forums. The company has just announced the terms of a settlement in a consolidated class action lawsuit, and it isn’t cheap: $350 million to be split up by customers (and lawyers), plus $150 million “for data security and related technology.” Let this be a lesson to all companies: If you stay ready, you don’t have to spend $150 million to get ready! If you were one of the nearly 77 million people affected by last year’s T-Mobile breach, you may have a few bucks coming your way. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |