T-Mobile will pay out $350M to customers in data breach settlement

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. 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.

As 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). Then the money gets split up, depending on how many people respond and how much the lawyers take. The final settlement terms could be approved as early as December.

source

Leave a Comment

Your email address will not be published.