T-Mobile agreed to settle a total of $ 500 million in a class action filed by a customer after revealing that a cyberattack had compromised sensitive data in August.
In a court filed late Friday, mobile giants paid $ 350 million to resolve customer claims and $ 150 million over the next few years to strengthen cybersecurity protection and technology. Said to spend.
According to the company, the breach affected 7.66 million people in the United States. Sensitive data such as customer names and surnames, social security numbers, and driver’s license information has been released.
A draft agreement filed in the U.S. District Court for the Western District of Missouri states that individual payments cannot exceed $ 2,500, but it is clear how much individual T-Mobile customers will receive from the settlement. It wasn’t.
At the time of the breach, T-Mobile said the compromised file contained a balance of payments and records of people who applied for credit to the company.
In a Friday submission, T-Mobile’s lawyer said the settlement agreement did not mean that the company admitted fraud. This breach has been one of many problems in the technology, banking and retail industries in recent years.
T-Mobile representatives couldn’t get immediate comments on the settlement.
