The US operator has agreed to pay $500 million as part of a class action settlement for the massive data breach that occurred in 2021.
Account information of 5.4 million Twitter users stolen
T-Mobile stated that the number of subscribers affected by the data breach at the time of the incident was not as high as it was said (between 47.8 million and 100 million). It was reported that most of the data were records of potential subscribers and former subscribers who applied for a loan through the operator.
What data was stolen?
The court filing revealed that the subscriber data of 76.6 million US citizens was stolen. The stolen data includes subscribers’ names, social security numbers, addresses, driver’s license information.
What is T-Mobile accused of?
T-Mobile is accused of failing to protect subscribers’ data, failing to inform subscribers affected by the data breach, and having insufficient data security. T-Mobile denies these allegations, denying the accusations.
500 million dollars payment
Under the settlement proposal, T-Mobile will pay $350 million for the settlement fund, which will be used to pay subscribers whose data was stolen and cover all costs, including attorney fees, and $150 million in 2022-23 to invest in data security and related technologies beyond its current expenditures. The proposal has been submitted to the court but must also be approved by the judge.