Latest News

US reaches $31.5 million settlement with T-Mobile over data breaches

WASHINGTON (Reuters) – T-Mobile has agreed to a $31.5 million settlement to resolve a probe by the Federal Communications Commission into significant data breaches over three years that impacted tens of millions of U.S. consumers, the agency said Monday.

T-Mobile will pay a $15.75 million civil penalty and has agreed to spend another $15.75 million over two years to strengthen its cybersecurity program. The FCC said T-Mobile suffered data breaches in 2021, 2022, and 2023 that impacted millions of current, former, or prospective T-Mobile customers. The 2021 breach alone impact 76.6 million U.S. consumers.

This post appeared first on investing.com

You may also like