T MOBILE SECURITY BREACH HOW TO
It could be several weeks before T-Mobile finalizes plans on how to disburse the money to affected current and former customers, and even longer before customers are notified by mail or other avenues that they are eligible. Class members who suffered documented losses that can be directly linked to the T-Mobile data breach could net as much as $25,000 from the settlement, though most affected customers will likely receive payments somewhere in the range of $25 to $100, depending on where they live. T-Mobile said it will set aside more than $350 million for the class action settlement, which includes $150 million earmarked for improved security. Last month, T-Mobile notified the Securities and Exchange Commission that a settlement had been reached in the case, which covered around 76.6 million current and former customers whose personal information was likely compromised in the data breach. Several customers sued T-Mobile in a matter that ultimately achieved class action status. Binns has never been arrested or charged with a crime, but court documents reviewed by The Desk last year showed federal law enforcement authorities have opened an investigation into his alleged activities and have obtained search warrants for several of his online accounts. T-Mobile ultimately confirmed the data breach after being confronted by a Vice News reporter who found online classified ads listing the stolen data for sale. The server was used by T-Mobile to store customer records and other personal information associated with their wireless phone service. The hacker was later identified by the Wall Street Journal as John Binns, an American citizen who lives in Turkey.īinns told the newspaper that he located a server at a Washington state data center that was not properly secured. The breach was widely publicized after someone attempted to sell a significant amount of the stolen data on Internet forums where personal information is traded for financial value. Last month, T-Mobile said it had settled the lawsuit by agreeing to pay $350 million in connection with the data breach, which affected 77 million customers who had personal details compromised as part of the security incident. (Image courtesy T-Mobile US/Deutsche Telekom, Graphic by The Desk)Ĭustomers of wireless phone provider T-Mobile may have to wait several months to find out if they are eligible to receive money from a class action lawsuit concerning a large data breach that occurred last year. According to TechCrunch, it could be December (or later) before all of that is settled.The front of T-Mobile’s corporate headquarters in Connecticut. T-Mobile has to notify people who paid for the company’s services in August 2021, and once respondents are counted and legal fees are calculated, the money is then split up and distributed among the customers. If you’ve never been the beneficiary of a class-action settlement before, TechCrunch explains that it could be several months before you find out if you’re getting money or not.
T MOBILE SECURITY BREACH FULL
Reports at the time indicated that data such as full names, dates of birth, and even Social Security numbers were compromised in the attack. The proposed settlement would split a $350 million payout among lawyers and, eventually, the 76.6 million customers affected by a huge T-Mobile data breach in August 2021. GeekWire spotted an SEC filing on Friday outlining a class action settlement by the large mobile provider. T-Mobile customers might be $5 richer soon, and all it took was their personal data being compromised.
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