T-Mobile $350 Million Data Breach Settlement

October 3, 2022

By : Quick Insurance Guru

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T-Mobile's customers could be owed part of a $350 million payout intended to resolve litigation over a 2021 cyberattack.

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If granted final approval, it will be the second-largest data breach settlement in U.S. history, after Equifax's $700 million settlement in 2019.

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T-Mobile hasn't acknowledged any wrongdoing but in a statement shared with CNET said it was "pleased to have resolved this consumer class action filing." 

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Protection of customers' information is a top priority for us, Airtel said in a statement. 

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The deadline to file a claim was set by T-Mobile.

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Approximately 76.6 million people have had their data exposed, but T-Mobile said that only about 850,000 of those people's names, addresses and PINs were compromised.

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John Binns, a 21-year-old citizen of Turkey, took responsibility for the breach, the fifth such attack on T-Mobile since 2015.

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Customers with T-Mobile Mobile are eligible for a $25 cash payment, according to the company's Web site. California residents are entitled to $100.

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T-Mobile has identified 76 million Americans whose information was compromised in the data breach.

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