T-mobile Faces Data Breach Settlement Set At $350 Million

 

T-Mobile has agreed to pay $350 million to settle a class action lawsuit over a data breach that exposed the personal information of nearly 3 million customers. The settlement, which is still subject to court approval, would provide each affected customer with compensation. If you're a T-Mobile customer who was affected by the data breach, you can file a claim to receive a portion of the settlement.

 

 

T-Mobile will pay $350 million to settle a lawsuit over a massive data breach that exposed the personal information of more than two million customers and applicants.

The settlement, which was announced on Thursday, resolves a class-action lawsuit that was filed against the company in 2019. Under the terms of the settlement, T-Mobile will pay $350 million to a fund that will be used to compensate victims of the data breach.

The data breach occurred in July of 2018 and affected more than two million customers and applicants. The exposed information included names, addresses, birthdates, Social Security numbers, and other personal data.

T-Mobile has agreed to take steps to improve its data security practices as part of the settlement. The company will also provide free credit monitoring and identity theft protection services to affected customers for two years.

If you are a T-Mobile customer or applicant who was affected by the data breach, you may be eligible for compensation from the settlement fund. For more information, you can visit the settlement website or contact the claims administrator.

 

 

The settlement, which still needs to be approved by a judge.

If you were a T-Mobile customer in the United States between September 1, 2012 and December 31, 2019, you could be eligible for a cash payment as part of a proposed settlement from a class-action lawsuit. The lawsuit alleges that T-Mobile failed to protect the data of its customers, which led to a data breach in which hackers obtained access to personal information such as names, addresses, birthdates, and Social Security numbers. Under the proposed settlement, T-Mobile would set aside $350 million to provide cash payments for each person affected by the data breach. The settlement still needs to be approved by a judge.

 

 

T-Mobile has also agreed to improve its data security practices as part of the settlement.

As part of the settlement, T-Mobile has also agreed to improve its data security practices. The company will need to implement a written information security program and appoint a senior corporate officer to oversee it. T-Mobile will also need to conduct regular risk assessments and monitor its service providers' compliance with its security program. The settlement is subject to court approval. If approved, T-Mobile will begin providing notice to affected customers within 90 days.

 

 

The data breach occurred in 2014.

In September 2014, T-Mobile experienced a data breach that affected approximately 15 million customers. The data breach was not discovered until March of 2015. The settlement will provide $350 million to customers who were affected by the data breach. The settlement will also provide $91 million to the attorneys who represented the class action lawsuit.

 

 

T-Mobile has denied any wrongdoing as part of the settlement.

T-Mobile has denied any wrongdoing as part of the settlement and said that it "vigorously disputed" the claims. The company said that it has "fully cooperated" with the investigation and that it is "glad to put this matter behind us." T-Mobile said that it is "committed to protecting the privacy and security of its customers' data." The settlement still needs to be approved by a judge. If it is approved, T-Mobile will notify customers who are eligible for a refund. Customers will have the option to either receive a credit on their bill or have the money deposited into their bank account.

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